(1) the layoffs and discharges level is the number of layoffs and discharges during the entire month. Data for the most recent month are preliminary.
Layoffs in the technology sector escalated significantly in 2023 amid growing economic uncertainty. When tech companies change their plans, adjust their priorities, rebalance their strategies, or, in some cases, shut down their.
This Alarming Trend Follows A Widespread Firing Spree In Major Tech Companies Throughout 2023, And Projections Suggest An Even More Challenging Landscape For Employees In The Coming Months.
Tesla, google, and amazon are among those slashing staff, though cuts are expected to be smaller than those last year.
However, Even Tech Titans Arenโt Immune From Pulling The Plug On Their Workforce.
Workforce) were laid off in mass job cuts.
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(1) The Annual Average Layoffs And Discharges Rate Is Equal To The Sum Of The 12 Monthly Layoffs And Discharges Levels As A Percent Of The Sum Of The 12 Monthly Ces Employment Levels.
Following significant workforce reductions in 2022.
However, Even Tech Titans Arenโt Immune From Pulling The Plug On Their Workforce.
(1) the layoffs and discharges level is the number of layoffs and discharges during the entire month.
