From big tech firms to startups, 2 lakh employees lose jobs in 2023
As more and more Big Tech companies continue to sack employees, they listed various reasons behind the move -- over-hiring, uncertain global macroeconomic conditions, strong tailwinds from the Covid-19 pandemic and more.
Meta (formerly Facebook) is reportedly going to start laying off more employees next week in its third round of job cuts. Source: Pixabay