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Layoffs in Tech Companies: The new year has not been good for many tech companies in the world. year 2023 In India, companies are worried about poor performance. Recently, the software and enterprise company of the world’s leading e-commerce company Amazon has ordered the retrenchment of its 25,000 employees. Along with this, layoffs have been announced in many tech companies of the world. Apart from this, according to the layoff tracking website layoff.fy, more than 28,000 thousand employees have been laid off between January 1 and 5, 2023. Whereas last year i.e. in 2022, tech companies had fired more than 17,000 employees.
According to media reports, since the beginning of the epidemic, a total of 15,31,10 technical employees had lost their jobs, which has increased to 51,489 layoffs in the month of November. This includes the names of many tech companies like Facebook’s parent company Meta, Twitter, Oracle, Navida, Snap, Uber etc.
Google can lay off again
Google Layoffs, the world’s largest tech company, can also lay off its employees once again. According to the report of The Information, the company can lay off at least 6 percent of its staff. In such a situation, the employment of at least 11,000 employees is in danger. Along with this, Google staff will get bonus and other facilities according to the rating. With this, the company is trying to defend the bonus and salary given to the employees. Along with this, Sundar Pichai, CEO of Google and Alphabet, recently said that he wants to run his company up to 20 percent more efficiently by retrenchment.
These companies can also lay off
Giant tech company Microsoft can also lay off many of its employees. According to media reports, the company may lay off 1,000 people. At the same time, Apple’s market cap has gone to a one-year low. From the year 2021 till now, the company’s market cap had come down to $ 1 trillion. The company’s largest factory is located in Zhengzhou, China, in which up to 90 percent of the work has now resumed. Recently, due to the demonstration of the workers in this factory, the work of iPhone production was stopped, but now Foxcon has started it again. Please tell that at present the company has not announced any retrenchment yet.
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