Layoffs in tech sector reach nearly 100k year to date
The tech sector faced significant job losses in 2023, totaling nearly 100,000 across 340 companies. Notable layoffs include ByteDance, Microsoft, Apple, Meta, Sony, Electronic Arts, Tencent, and Unity Software.
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The tech sector has seen nearly 100,000 job losses so far this year, with over 340 companies laying off a total of 99,672 employees since January 1. While the rate of layoffs is not as high as last year, it surpasses the numbers from 2022. Notable layoffs include TikTok's owner, ByteDance, reducing its global workforce by around 2,000, Microsoft planning to cut 1,500 employees in its Azure cloud division, Apple laying off 614 employees in Santa Clara, and Meta CEO Mark Zuckerberg aiming to decrease vice president positions from 300 to 250. In the video game industry, Sony laid off about 900 employees in its PlayStation division, while Electronic Arts eliminated 670 positions. Other companies like Tencent and Unity Software also reduced their workforces. These layoffs reflect ongoing changes and challenges within the tech industry, impacting various companies and employees worldwide.
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10 commentsAnyway, the story is not about Tesla. There was this guy there and you should see the gleeful smile on his face as he was telling the workers there that they will all without jobs, because EVs have no engines and stuff. I listened as I tend to do and just smiled internally, because the guy clearly knew nothing about ICE cars, EVs, electronics, economics or even basic human nature.
Today, I 'bumped' into 'business owner', who struck as the same type of a person, because as we were discussing rto/wfh and other things, he gleefully noted that AI will take all those jobs. As before I kinda smiled internally, because the more shit you see in testing, the more you realize all this is gonna go down in flames sooner or later.
Still, it is weird. Where is sense of pleasure in other people's ( perceived ) misfortune coming from?
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