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In PICS| Big IT Firms To Start-Ups, A Throwback To Layoffs In 2023
From the IT sector to edtech to start-ups, several industry players conducted layoffs in 2023 citing global headwinds and the funding winter among the major reasons behind these decisions.
From the IT sector to edtech to start-ups, several industry players conducted layoffs in 2023 citing global headwinds and the funding winter among the major reasons behind these decisions.
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Several media reports suggest that till early December 2023, the tech industry has seen nearly 2,40,000 job cuts, marking a growth of 50 per cent over the layoffs seen a year earlier. Getty
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E-commerce giant Amazon laid off close to 18,000 employees in 2023, with job cuts in the firm’s music division and Alexa business. Getty
Published at : 21 Dec 2023 08:21 PM (IST)
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