Global Layoffs Extend Far Beyond Big Tech

Almost 800 firms have slashed at least 473,000 jobs since October 2022, with the tech industry accounting for a third of the total cuts. The carnage extends far beyond technology.

March 23, 2023 . 4:42 AM

1 min read

Nearly 52,000 jobs lost in one week in January alone, marking the worst start to a year since 2009.
Since Oct. 1, 2022, executives across sectors have sacked almost half a million employees around the world.
Almost 800 firms have slashed at least 473,000 jobs since October, with the median layoff leaving the company workforce 10% smaller.
The tech industry has seen some of the biggest losses, accounting for about a third of the total cuts.
The carnage extends far beyond technology.