July 20, 2023
This year has been relentless with layoffs across the technology sector, but where are these thousands of software engineers landing next?
It’s safe to say that 2023 has been an annus horribilis when it comes to layoffs across the technology sector. As business slowed after the COVID-19 pandemic, tech companies started bowing to investor pressure by correcting for recent over-hiring and cutting their biggest cost base: headcount.
This initiated a devastating domino effect that has shown little sign of slowing down. At the time of writing, a massive 217,633 tech employees have been laid off this year by 857 companies, according to Layoffs.fyi
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July 20, 2023
