Mar 16, 2023
By: bhakti.makwana@timesinternet.in
Credit: Canva
Amid signs of economic slowdown across the globe, here are companies that laid off the highest number of employees in 2023.
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In January this year, the American e-commerce giant’s CEO Andy Jassy announced that it will cut 18,000 jobs as part of restructuring and cost cutting.
Credit: Amazon
Google-parent Alphabet announced layoffs in January 2023, stating that it will cut 12,000 jobs across departments – that’s 6 percent of its total workforce.
Credit: Alphabet
The American technology giant announced on January 18 that it will layoff 10,000 employees by March 31, which will reduce its total workforce by 5 percent.
Credit: Microsoft
Facebook’s parent company announced plans to layoff 10,000 people or 13 percent of its workforce in 2023. This was after it cut 11,000 jobs in 2022 in an effort to become more efficient.
Credit: Meta
The Swedish telecom company in February laid off 1,500 jobs and also declared intent to cut costs by around $880 million by the end of 2023. Reports say that it will layoff 8,500 employees going ahead.
Credit: Ericsson
The tech company laid off around 10 percent of its workforce in January 2023, which is around 7,000 employees.
Credit: Salesforce
In February 2023, Disney said it is cutting 7,000 roles from its global workforce, totalling 3 percent of the company to cut costs.
Credit: BCCL
In February 2023, the American technology company announced plans to lay off more than 6,650 employees or about 5 percent of its workforce. This comes as reports say demand for PCs and laptops has slowed globally.
Credit: BCCL