Why does the new year have to start out with bad news? 150k jobs cut in 2022. That’s nothing to sneeze at.

Collectively, employers in the slumping tech sector cut more than 150,000 jobs in 2022, based on estimates from Layoffs.fyi, a website that tracks the events as they surface in media reports and company releases.

That figure compares with about 80,000 layoffs in March-December 2020 and 15,000 in all of 2021, based on data compiled on the site. 

The tally was created by San Francisco internet entrepreneur Roger Lee, who launched the tracker after the pandemic struck “as a side project to create awareness around all of these tech layoffs, in the hopes of helping laid-off employees find a home.” 

Tech Layoffs Are Happening Faster Than at Any Time During the Pandemic – WSJ

Image by Mohamed Hassan from Pixabay