Unemployment Rates Surge, Economy Doomed
This year is already off to a rocky start.
In a shocking turn of events, it has just been learned that over 25,000 tech workers have already lost their jobs globally just 18 days into the new 2023 year.
President Biden and the White House have not yet addressed this news however it will negatively impact the upcoming jobs report.
According to Fox, 101 tech companies worldwide have laid off 25,436 employees in just 2023 alone and 22,400 of those employees worked in the United States!
While those figure appear very high, what’s even worse is that those numbers are just a small fraction of the 154,336 workers who were laid off in 2022 from more than 1,000 global tech companies.
Meta, Amazon and Salesforce had the most lay offs between November 2022 and January 2023.
What’s even worse is that Meta is planning to cut a total of 11,000 jobs, Salesforce said they were cutting 10% of their workforce and Amazon announced they are cutting 18,000 jobs.
DoorDash, Blue Apron, BuzzFeed, Vimeo, Lyft and Twitter are other big tech companies who are planning to trim down their workforce as well.
