3,000 tech employees lost jobs every day this month
166 IT companies have fired more than 65,000 workers so far in 2023.
Alphabet, the parent company of Google, stated that 12,000 people, or around 6% of its total, would be let go.
Microsoft reduces its workforce by 10,000 employees through the end of FY23 Q3.
Earlier this year, Amazon stated it will fire 18,000 employees worldwide, including roughly 1,000 in India.
In 2022, over 1,000 companies laid off 154,336 workers, as per the data by layoffs