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Tech companies, including startups, around the world fired more than 425,000 employees in 2022 and 2023, with more than 36,000 employees being sacked in India in the same time frame.
Tech layoffs continue to pour, with Discord cutting roughly 170 employees. Discord proves to be the latest company to lay off its employees for 2024, cutting approximately 170 or 17% of its employees in different departments.
Frontdesk, a startup that managed more than 1,000 furnished apartments across the United States, laid off its entire 200-person workforce earlier this week.
Tech layoffs are everywhere this 2023, and Spotify is not yet done to end the year with a bang. A new report says it is axing 17% of its workforce as part of a further adjustment.
Unity Software adds more to Big Tech's recent layoffs, with 265 employees to be affected. Popular game software Unity confirms it will be joining big tech companies' recent layoffs, with 265 jobs to be terminated by the Pokemon Go software provider or roughly 3.