Tech layoffs hit Europe

U.S. tech companies are learning that labour laws in Europe – where Amazon, Alphabet and Meta employ more than 170,000 full-time tech workers – make it much harder to reduce headcounts
                                                                         

Tech sector layoffs (Mar 1, 2022-Apr 5, 2023)


May 	23,057
Jun 	29,359
Jul 	21,731
Aug 	21,425
Sep 	10,841
Oct 	24,214
Nov 	51,160
Dec 	40,486
Jan 	108,118
Feb 	50,560
Mar	60,891
Apr   	2,351

Jan: Amazon, Google, Microsoft cut 40,000 jobs

444,200 
Total layoffs worldwide

Layoffs in Europe
42,000
9.5% of total


Sources: Bloomberg, Layoffs.fyi, Reuters, TechCrunch 
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