Over 24,000 IT Professionals Fired In First 15 Days Of New Year

New Delhi: In only the first 15 days of January, 91 firms have already fired more than 24,000 employees, indicating that things will only get worse.

According to layoff tracking website layoffs.fyi.crypto, 24,151 tech professionals lost their jobs with businesses like Amazon, Salesforce, Coinbase, and others. Last week, Crypto.com announced that it would be reducing its global workforce by about 20% due to persistent economic difficulties and unforeseen business occurrences.

The website monitoring job losses since the epidemic began reports that 1,53,110 employees were laid off in 2022, with businesses including Meta, Twitter, Oracle, Nvidia, Snap, Uber, Spotify, Intel, and Salesforce leading the way.

November marked the lowest amount of layoffs ever with 51,489 tech professionals losing their jobs.

Another major tech business, Google, is anticipated to take drastic measures to decrease its workforce in early 2023. About 6% of Google employees may be let go for “not having enough impact.”

It implies that 2023 will go down in history as the worst year for technology.