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Over 1,600 employees being fired per day in 2023 by tech companies globally, reveals data

THE COMPANY'S LARGEST CAMPUS OUTSIDE THE UNITED STATES WAS INAUGURATED IN HYDERABAD, INDIA IN SEPTEMBER 2019. [PHOTO: WIKIMEDIA/ FAISMEEM]

Over 1,600 employees are being fired per day in 2023 by tech companies globally, including in India, recent data has revealed.

These mass layoff incidents are increasing across the globe amid fears about global recession and slowdown, Economic Times reported.

In the fifteen days of this month, around 91 companies have laid off more than 24,000 tech employees, signalling worse days ahead, the report said.

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