The technology industry is continuing to lay off thousands of employees, and is approaching 150,000 employees lost in the first three months of 2023.
The e-commerce and streaming giant Amazon announced layoffs of 9,000 employees on Monday. Meta, which owns Facebook and Instagram, announced 10,000 job cuts a week earlier, on March 14.
As of Tuesday, 505 companies across the tech industry had cut 148,180 employees from their payroll in 2023, according to data compiled by Layoffs.fyi reported. Of U.S. tech companies, 324 accounted for 109,366 job losses, according to Layoffs.fyi’s data.
Around this time last month, total tech industry layoffs for 2023 had hit 109,000 jobs, including 84,262 across about 250 companies in the United States….