Tech companies will have laid off a total of around 150,000 people in 2022, according to a compilation site for figures about layoffs. In 2021 there were a total of around 15,000 redundancies, in 2020 there were 80,000 between March and December.
Most layoffs occurred in the last months of 2022, writes The Wall Street Journal based on figures that Layoffs.fyi has online. Meta and Amazon had the largest rounds of layoffs, with 11,000 and 10,000 layoffs in November of last year. Cisco and Twitter also had major rounds of layoffs.
The largest rounds of layoffs in 2021 were at Katirra and Zillow, while most of the layoffs in 2020 were at the Dutch Booking.com.There were further layoffs in the tech sector at Uber and MessageBird in recent years.
The figures map out what effect the economic recession that seems to have started last year has had on tech companies. In the years before, the economy improved, but there were still layoffs by companies that were hit hard by the consequences of the corona pandemic
