More Technology-related layoffs have occured in Q4 2022 than at the COVID economic trough in Q2 2020 (51,048 employees in the month of November 2022).
Technology layoffs continue to mount as:
- interest rates climb;
- inflation remains elevated;
- global demand sputters and;
- as macro-economic uncertainty remains high.
- Check out Layoffs.fyi (created by Roger Lee), to track Technology-related layoffs here: https://layoffs.fyi/
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