Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com, June 27 (Xinhua) more than 210000 employees have been laid off in the global technology industry since 2023, according to statistics from Layoffs.fyi. That's far more than 154000 in 2022, and only half a year has passed this year.

Data show that 798 technology companies have made layoffs this year, and CTOnews.com has previously reported layoffs in some of these well-known companies. For example, the stock trading app Robinhood laid off about 7% of its full-time staff, or about 150 people; Oracle made large-scale layoffs in its health department and cancelled some hiring and hiring; and music streaming platform Spotify plans to lay off about 200 people, or 2% of the company's total workforce. The cloud computing division of Chinese e-commerce giant Alibaba has also begun to cut 7 per cent of its workforce, Barron Weekly reported last month. Facebook's parent company, Meta platform, has made three rounds of layoffs this year, cutting a total of 21000 jobs this year, which CEO Mark Zuckerberg called the company's "year of efficiency".

In addition, Microsoft's LinkedIn has announced that it will lay off more than 700 employees and close its local recruitment app in China; Amazon has made layoffs in Amazon's web services and human resources divisions; EA, a video game publisher, plans to cut its workforce by 6 per cent to reduce costs; and streaming company Roku has revealed that it will lay off 200 employees as a cost-saving plan. The San Francisco-based company has also made significant layoffs since Elon Musk took over last year. Musk said laying off nearly 6500 people, or 80 per cent of the company's workforce, was "painful" and "one of the hardest things I've ever done".

According to analysis, large-scale layoffs in the global technology industry are related to the epidemic situation of COVID-19, market competition, cost pressure, business adjustment and other factors. For science and technology talents who have been laid off, finding new job opportunities is a challenge. For technology companies, how to maintain competitiveness and innovation is also a problem.

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