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In January alone, about 70,000 employees were fired from Big Tech.

Google is one of the biggest brands laying off their employees en masse. | Font: Photo by Alex Dudar on Unsplash

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layoffs in big technologies in the world intensified and approached 70 thousand in January, a month in which cuts even exceeded those of November with the massive exit from companies such as Google, MicrosoftAmazon, IBM or GLANDERS.

After a black November, when layoffs were announced at Amazon, Meta (Facebook’s parent company), Twitter, and Cisco, leaving 51,300 employees on the street, came December, in which the tide of layoffs seemed to slow down until it abated. to fifth: about 10,000 employees, according to Layoff.fyi, the US tracker that collects this data.

After this downturn came January with announcements of massive layoffs like Alphabet, the parent company. Googlewith 12 thousand, 6% of the workforce; Microsoftfrom 10 thousand, 5%; Amazonfrom 8 thousand, 2%, which are added to 10 thousand November; IBM, from 3900, 2%; D GLANDERS3 thousand, 3%.

Why are there massive layoffs at Big Tech?

“These are the blows of some of the adjustments that companies are making following the unprecedented acceleration of digitalization that has occurred as a result of covid-19,” says Fernando Suarez, president of the College of Computer Engineers of Spain, who believes that “they have a few months left for the waters to return to their course.”

He added that after the pandemic, there was an adaptation of technology companies to the realities of our time, reinforced by the economic downturn, which caused inflation to rise and demand to decrease.

This assessment almost coincides with the assessment of the CEO MicrosoftSatya Nadella, who this week said that just as it was seen that during the pandemic their customers began to increase digital spending, it is now believed that they want to optimize this economic amount.

Companies are also investing cautiously given global uncertainty, Nadella added.

Companies such as IBMwhich justifies a spin-off adjustment for companies like Kyndril in 2021 and Whatson Health in 2022.

Reason in case GLANDERS It is limited in that they want to focus on strategic areas of growth and accelerate their transformation into a cloud computing services company, according to its chief executive Christian Klein.

In 2022, 1,040 large technology companies laid off 159,684 employees, and 210 announced layoffs in January.

These numbers contrast, for example, with the fourth quarter of 2021, when 1,539 people left at 24 companies. EFE

We recommend METADATA, the RPP technology podcast. News, analytics, reviews, recommendations and everything you need to know about the world of technology.

Source: RPP

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