Effects of Layoffs

What is Driving Tech Layoffs and How Do They Affect Your Business?

What is Driving Tech Layoffs and How Do They Affect Your Business? Prepare for a tech sector reality check in 2023: According to the Crunchbase tech layoffs study, this year in the US, more than 155,589 IT workers have been laid off, with a startling 93,000 jobs slashed in 2022. Google, Microsoft, Amazon, Meta, and Alphabet are leading the layoffs. But why are the tech layoffs happening? Prepare for the rippling effects...

Yevhen Sakara

5 min read

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