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Tech companies laid off 226,000 employees to date, 40% more than in 2022

Tech companies laid off 226,000 employees to date, 40% more than in 2022

Tue, Aug 15, 2023

Tech companies have laid off 226,000 employees so far this year, almost 40 per cent more than in 2022, a report showed on Tuesday. Although the tech industry has seen a shocking number of job cuts last year, 2023 has been much worse.

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Top 25 tech giants gain $2 trillion market cap, defy economic headwinds

Top 25 tech giants gain $2 trillion market cap, defy economic headwinds

Thu, Aug 03, 2023

Despite the economic downturn, top 25 global technology companies managed to gain more than $2 trillion in valuation during a challenging second quarter (Q2) this year, a report showed on Thursday.

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Mr. Prateek Aggarwal, Chief Financial Officer, HCL Tech In Talk With Zee Business

Mr. Prateek Aggarwal, Chief Financial Officer, HCL Tech In Talk With Zee Business

Thu, Jul 13, 2023

Good performance (QoQ) in Financial Services, Manufacturing… Decline in Telecom, Media, Tech & Service verticals (QoQ): Prateek Agarwal, CFO, HCL Tech

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TRENDING NOW

Amid layoffs, tech firms continue to exploit H-1B visa programme: Study

Amid layoffs, tech firms continue to exploit H-1B visa programme: Study

Fri, Apr 14, 2023

Amid massive ongoing layoffs in the tech sector, the top 30 H-1B visa employers hired 34,000 new workers in 2022 and laid off at least 85,000 workers in 2022 and early 2023, an Economic Policy Institute (EPI) analysis found.

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Why Did This Tech Company Fall Drastically? Know The Triggers Here

Why Did This Tech Company Fall Drastically? Know The Triggers Here

Mon, Apr 03, 2023

Why did this tech company fall drastically? What to do in the shares of this company? Watch in this video.

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