Tech downturn layoffs... so far

Yahoo plans to lay off more than 20% of its total workforce, affecting nearly half of its ad tech employees. The cuts bring tech-sector job losses to more than 69,000 people so far this year


Tech-sector job cuts (Jan-Feb, 2023)
Feb 9	Yahoo		1,700
Feb 8	Walt Disney Co.	7,000
Feb 7   eBay		500 	
Feb 7	Zoom		1,300
Feb 6	Dell Technologies	6,650
Jan 31	Groupon		500
Jan 31	PayPal		2,000
Jan 26	SAP 		3,000
Jan 24	Intel		544
Jan 24	IBM 		3,900
Jan 23	Spotify 	600 
Jan 20	Google 		12,000
Jan 18 	Microsoft 	10,000
Jan 11 	Goldman Sachs	3,200
Jan 10	Coinbase 	950
Jan 5 	Amazon 		8,000
Jan 4	Salesforce 	8,000

*Losses above 500

69,744
Jobs lost since start of 2023*


Yahoo CEO Jim Lanzone
  

Sources: Axios, CBS, Crunchbase, Layoffs.fyi, Reuters 
Picture: Getty Images 
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