In the first two weeks of 2023, 91 tech companies laid off more than 24,000 workers, according to the tracking site layoffs.fyi.
The website tracks tech company layoffs since the start of Covid-19, according to the website. By 2022, 1,024 tech companies will lay off 154,336 workers. An additional 24,151 workers were laid off in the first 16 days of 2023.
- Read more: CEO: Worcester Family Health Center ‘Cash in Raw Hours’ Goes to 30 Days of Work
Some of the biggest recent divestments include Twitter, Amazon and Salesforce. But tech crackdowns are happening across the US, including Massachusetts.
On Jan. 12, a health care provider in Framingham laid off 6 percent of its workforce, or 55 people. The company, which offers dog DNA tests, laid off workers the day before Embark. And Wip has laid off 4% of its employees this year, Business Insider reports.
- Read more: Twitter cuts content moderation team According to the report, layoffs have decreased
The website will post a list of those who have been laid off and their contact information.
According to Business Insider, the strike comes after tech companies have seen massive hiring and expansion during the Covid-19 pandemic. But layoffs will continue in 2022 and 2023 as earnings weaken and the threat of a looming recession grows.
- Read more: What is a ‘quiet wall’? Here’s what you need to know
Salesforce CEO Marc Benioff wrote in a memo to employees, “As our revenue has accelerated during the pandemic, we’ve hired too many people to lead through the current recession, and I take responsibility for that.” Exit
