Mar 24, 2023
By: Rounak Jain
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Nearly 1.72 lakh people have been laid off in the first 82 days of 2023 – this is more than the layoffs in the entirety of 2022, which stood at 1.61 lakh.
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At 84,714, January this year has seen the most layoffs month-wise in 2022 and 2023 both. Talk about welcoming the new year in the worst way possible.
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In 2023 so far, 522 tech companies have laid off employees. In contrast, the full year of 2022 witnessed 1,052 companies announcing layoffs.
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An average of 2,096 employees being laid off every day in 2023 so far, as against 442 layoffs per day last year.
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The average employees laid off per company have more than doubled in 2023 to 332, from 153 last year.
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At 78,000 layoffs, Amazon, Google, Microsoft, Meta and Accenture together account for over 45 percent of the total layoffs this year so far.
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In three rounds of layoffs, Amazon has handed out pink slips to 27,000 employees, making it the top company in this regard.
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Meta is a close second at 21,000 layoffs across two rounds of layoffs over the last few months.
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Over 3.3 lakh employees in the tech sector have been laid off in 2022 and 2023.
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