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Over 80,000 tech employees lost jobs globally in first four months this year in 279 firms: Report

More than 80,000 employees in the technology sector have lost jobs in the first four months this year, and layoffs continue to haunt the overall startup ecosystem globally

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Image for representational purposes only. Photo Courtesy: iStock

Image for representational purposes only. Photo Courtesy: iStock

More than 80,000 employees in the technology sector have lost jobs in the first four months this year, and layoffs continue to haunt the overall startup ecosystem globally.

Latest figures from layoff.fyi, a portal that tracks tech sector job cuts, 279 tech companies have sacked 80,230 employees to date (till May 3).

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