<ul><li>Tech layoffs surged in 2023, reaching 226,000, a 40% rise from 2022's 202,000, per AltIndex data.</li><li>Google, Meta, Microsoft, and Amazon led the layoffs, making 2023 the tech sector's bleakest year, causing workplace closures.</li><li>Job cuts intensified due to global economic uncertainty, inflation, supply chain issues, and revenue slowdown, affecting big players and smaller tech firms in retail, cryptocurrency, and transportation.</li><li>Tech layoffs remained grim over three years, with 405,000 employees let go since early 2021.</li></ul>

Tech companies laid off 2.26 lakh employees to date, 40% more than in 2022

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