Challenger report: US tech companies have announced 136,831 layoffs in 2023 so far, more than in any full year since 2001, when job cuts reached 168,395
US companies have announced more job cuts this year than during all of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc.
By my math, more people have now been laid off from tech companies in the last eight months were let go after the dot-com crash: 240,000 vs 168,000 (in 2001). Led By Tech, Planned Layoffs Have Quadrupled So Far This Year in the US https://www.bloomberg.com/...
'Companies have announced about 136,800 job cuts in the year through May. That's more than any full year since 2001.' https://www.bloomberg.com/... [image]
“Tech remains the industry with the most layoffs ...Companies have announced about 136,800 cuts in the year through May. That's more than any full year since 2001, when the total eventually reached almost 168,400 in December” https://www.bloomberg.com/... [image]