• Latest
  • All
  • How To
Google IO Sundar Pichai

State of Tech Layoffs: Firing Spree Continues in 2023

January 22, 2023
University student fined for defamatory Facebook posts

University Student Fined KES 7.5 Million for Defamatory Facebook Posts

May 29, 2025
AI Africa policies database

New Platform Brings All African AI Policies Under One Database

May 28, 2025
POATE 2025

Kenya’s Tourism Sector Grows as Travel Gets Easier Across East Africa

May 28, 2025
sodium-ion battery

Researchers Develop Sodium-Ion Battery That Charges to 80% in 6 Minutes

May 27, 2025
DHgate Tablet Cases deals
TV Gambling Ads

Regulator Fines Stations Using Religious Shows to Push Gambling

May 27, 2025
Connected Africa Summit 2025

Connected Africa 2025 Day 2: Focus on Digital Inclusion & Cybersecurity

May 27, 2025
whatsapp chatbots

iPad Users May Finally Get a Native WhatsApp App

May 28, 2025
Connected Africa Summit

Connected Africa Summit Calls for Unified Tech Vision

May 28, 2025
Kenya Safaricom share sale

Kenya Plans Mega Sale of Safaricom Shares to Raise Over a Billion Dollars

May 26, 2025
Safaricom, Airtel, Telkom lawsuit

Safaricom, Airtel, Telkom and CA Sued in Data Rollover Lawsuit

May 28, 2025
Metered Internet bill

New Bill Wants to Meter and Monitor How You Use the Internet

May 26, 2025
veo 3

Veo 3 by Google Sets a New Standard in AI Video Creation

May 28, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

State of Tech Layoffs: Firing Spree Continues in 2023

Kenn Abuya by Kenn Abuya
January 22, 2023
in Op-ed
Reading Time: 3 mins read
264
0
Google IO Sundar Pichai

Google CEO Sundar Pichai

We argued that tech companies have been copying each other in terms of the number of workers they lay off, starting as early as 2020 during the beginning of the COVID-19 pandemic. This can largely be described as copycat behavior, where one company in the technology industry lays off a significant number of employees, leading to other companies in the same or related industries following suit and doing the same.

Several reasons have been given for these cases:

  • Economic downturns or market changes have affected multiple companies in tech.
  • Companies seeking to cut costs and improve their financial performance by reducing their workforce.
  • Fear of falling behind competitors who have already implemented layoffs.

The negative effects of these layoffs have already been seen. For instance, a large number of people have lost their jobs in a short period of time. There is also a case of a negative impact on the morale and productivity of the remaining employees, which was made clear say when Elon Musk took over Twitter and fired a substantial number of employees.

As said, tens of thousands of people were laid off in 2022, and this activity has been brought into 2023.

Microsoft

On January 18, Microsoft announced plans to let go of 10,000 employees in the current year, which is around 5% of its global workforce. According to the company, the layoffs are a result of the current economic conditions and shifts in customer needs. The cuts were announced via a memo to workers by CEO Satya Nadella.

Google

Two days later, Alphabet Inc., the parent company of Google, announced that it will be cutting around 12,000 jobs, which is approximately 6% of its workforce.

Google’s CEO Sundar Pichai expressed regret for the decision in an email and memo to employees, saying that it will mean losing some highly talented people and that it weighs heavily on him.

He explained that the company is facing difficult economic cycles and that the decision was made to re-engineer the cost base and focus on the highest priorities.

Amazon

In January 2023, ecommerce powerhouse Amazon revealed plans to eliminate more than 18,000 positions, including layoffs announced in November.

The majority of the cuts will be in the Amazon Stores and People Experience and Technology Solutions teams, as stated in an email from Amazon CEO Andy Jassy to employees.

Jassy had previously cautioned in November that job cuts at the company would continue in early 2023. Amazon currently has around 1.5 million employees worldwide.

Vox Media

Vox Media is a company that owns popular publications such as The Verge and Polygon.

In a tweet, a workers’ union said that the company informed them that it will be laying off around 7% of its workforce and some of their members have been affected.

They expressed their anger at the way the company handled the layoffs and are currently discussing how to support those who have lost their jobs.

Coinbase

Coinbase, a platform for trading cryptocurrencies, announced on January 10 that it will be laying off 950 employees, according to a statement from CEO Brian Armstrong.

Armstrong explained in the statement that as they were planning for 2023, they realized that they needed to reduce expenses to ensure success in all scenarios.

He added that it is difficult to make significant expense reductions without also reducing the number of employees.

Tags: AmazonGoogleMicrosoft
SendShare147Tweet92
Kenn Abuya

Kenn Abuya

Kenn Abuya is a friend of technology, with bias in enterprise and mobile tech. Share your thoughts, tips and hate mail at [email protected]

Related Posts

veo 3

Veo 3 by Google Sets a New Standard in AI Video Creation

May 28, 2025
Apple-Glasses

Apple Is Planning to Launch Smart Glasses by 2026 to Rival Meta and Google

May 28, 2025
Microsoft Recall

Signal Blocks Microsoft Recall Feature to Protect Private Chats

May 28, 2025
google-chrome

Google Chrome Will Start Automatically Replacing Your Weak Passwords

May 22, 2025
google-meet

Google Meet Brings Real-Time Language Translation with Gemini

May 21, 2025
Google I/O 2025

Google I/O 2025 Highlights: Gemini, XR Glasses & Project Astra

May 21, 2025

Latest

University student fined for defamatory Facebook posts

University Student Fined KES 7.5 Million for Defamatory Facebook Posts

May 29, 2025
AI Africa policies database

New Platform Brings All African AI Policies Under One Database

May 28, 2025
POATE 2025

Kenya’s Tourism Sector Grows as Travel Gets Easier Across East Africa

May 28, 2025
sodium-ion battery

Researchers Develop Sodium-Ion Battery That Charges to 80% in 6 Minutes

May 27, 2025
TV Gambling Ads

Regulator Fines Stations Using Religious Shows to Push Gambling

May 27, 2025
Connected Africa Summit 2025

Connected Africa 2025 Day 2: Focus on Digital Inclusion & Cybersecurity

May 27, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

University Student Fined KES 7.5 Million for Defamatory Facebook Posts

May 29, 2025

New Platform Brings All African AI Policies Under One Database

May 28, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

Introducing A Brainbox Quiz: Techweez’s Monthly Trivia Night!

5 Most Reliable Virtual Dollar Card Providers in Nigeria

More News

iPad Users May Finally Get a Native WhatsApp App

Connected Africa Summit Calls for Unified Tech Vision

Kenya Plans Mega Sale of Safaricom Shares to Raise Over a Billion Dollars

Safaricom, Airtel, Telkom and CA Sued in Data Rollover Lawsuit

New Bill Wants to Meter and Monitor How You Use the Internet

Veo 3 by Google Sets a New Standard in AI Video Creation

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.