Based on this Wall Street Journal article here are the layoffs that have been announced so far in 2023:
Company | Number |
Microsoft | 10,000 |
Unity Software | 284 |
Verily Life Sciences | 200 |
Amazon | 18,000 |
Salesforce | 7,900 |
Vimeo | 130 |
Goldman-Sachs | 2,000 |
BlackRock | 500 |
Stitch Fix | 400 |
Coinbase | 950 |
Genesis | 120 |
Crypto.com | 800 |
Other major employers, e.g. McDonalds, have announced layoffs in unspecified numbers.
Some of those numbers may seem small but the tech sector is a lot smaller than you might think with as much attention as it receives. I think that the sector is getting a double whammy between the layoffs and the burgeoning effect of low-code/no-code. When you consider that a very large percentage of those in our colleges and unis pursuing STEM degrees are either studying computer sciences or life sciences, the ripple effects could be significant.