The tech industry is facing challenges due to a tough economy, the COVID-19 pandemic, and some business missteps. Unfortunately, these factors have led to an increase in job cuts in 2023. To help you stay informed, we have compiled a list of major layoffs and will continue to update this story as the situation evolves.
October
ASSOCIATED PRESS
LinkedIn layoffs
In its second round of layoffs this year, LinkedIn is letting go of approximately 668 workers from its engineering, product, talent, and finance teams. In May, LinkedIn announced the layoff of 716 people and the closure of its job search app in China. With these two rounds of layoffs, LinkedIn will have cut nearly 1,400 jobs in 2023.
September
Epic Games layoffs
Epic Games has laid off 16 percent of its employees, which amounts to about 830 employees. In an open letter to employees, CEO Tim Sweeney acknowledged that the company was spending “way more money” than it…
2023-10-16 10:52:41
Article from www.engadget.com rnrn