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๐Ÿš€ Tech Layoff Tsunami: 2023 Edition ๐ŸŒŠ

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  • Tech Layoff Tsunami: 2023 Edition ๐ŸŒŠย 

  • Asteroids โ˜„๏ธ

  • Trending Tools โš’๏ธย 

Tech Layoff Tsunami: 2023 Edition ๐ŸŒŠย 

Letโ€™s dive into a world where tech giants and startups alike are slimming down faster than a Silicon Valley CEO on a juice cleanse. So, let's get to the numbers, because, as they say, the math never lies

Let's start with the heavyweight number: 240,000. That's the whopping total of tech jobs that have vanished in 2023.

We're talking a 50% increase from last year. Yes, you read that right, 50%!

The big names in tech โ€“ Google, Amazon, Microsoft, Yahoo, Meta, and Zoom โ€“ decided to lead this not-so-merry dance early in the year.

But hey, why should the giants have all the fun? Startups across various sectors also joined in, trimming down their teams like a gardener on a hedge-cutting spree.

But let's not forget, behind every number is a human story. These layoffs aren't just statistics; they're people with plans, families, and probably a lot of unopened LinkedIn messages now.

Here's a snapshot of the layoff landscape month by month:

  • January: A chilly start with 89,554 layoffs.

  • February: 40,021 more folks joined the job hunt.

  • March: Another 37,823 waved goodbye.

  • April: 20,014 decided to explore new opportunities.

  • May: 14,928 found themselves updating resumes.

  • June: 10,958 started their summer with a job search.

  • July: 10,589 had an unexpected career pivot.

  • August: 9,545 joined the 'open to work' club.

  • September: 4,632 received the dreaded email.

  • October: 7,331 got more trick than treat.

It's not just about the numbers, though. We've seen whole divisions, like Unity's Wฤ“tฤ Digital and ByteDance's gaming department Nuverse, getting the axe.

Companies from various sectors like Tier Mobility, Dataminr, and others are cutting down their workforce size like they're on a budget diet.

In conclusion, the tech industry in 2023 has been like a game of musical chairs, but the music's a bit gloomy, and there are way fewer chairs than we'd like.

โ˜„๏ธ Asteroids โ˜„๏ธ

OpenAI's GPT Store, initially set for a 2023 launch, is now delayed to early 2024 due to recent leadership changes and development tweaks. ๐Ÿš€๐Ÿค–

Spotify is eliminating about 1,500 jobs, or about 17% of its workforce, in its third round of layoffs this year as the music streaming looks to become โ€œboth productive and efficient.โ€ ๐ŸŽต๐ŸŽนย 

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