Tech layoffs in 2023 have blown past 2022 numbers, with some 242,481 laid off so far, with at least two months still to go.
The tech industry has been laying off workers left and right post-pandemic, citing everything from the economy to restructuring to the impact of AI. According to Layoffs.fyi, 2023 has already seen some 242,481 individuals laid off.
In contrast, 2022 only had 164,769 layoffs for the entire year.
The revelation is a sobering one about the state of the tech industry, as well as the job market in general. Even if layoffs are not getting as much news coverage as they once were, they are clearly continuing on unabated.