Waves of layoffs (PHK) in startups and large technology companies have continued since the pandemic until the beginning of this year.
Most recently, Google's parent company, Alphabet Inc., laid off more than 6%, or about 12,000, of its employees globally in January 2023.
Sundar Pichai, Chief Executive Officer (CEO) of Google and Alphabet Inc., said the company would provide severance pay equivalent to 16 weeks of salary for laid-off employees, plus six months of health insurance, and other benefit packages based on regulations in each country.
"This is an important moment to sharpen the company's focus, re-engineer the cost base, and direct talent and capital to the company's highest priorities," said Sundar Pichai, as quoted by Bloomberg on Friday (20/1/2023).
Not only Google, according to data from Layoffs.fyi, since the pandemic until the beginning of 2023, there have been quite a few global tech giants that have conducted mass layoffs.
At the beginning of this year, Microsoft laid off 10,000 employees, while Amazon cut 8,000 of its employees.
Previously, Amazon had also laid off 10,000 employees in November 2022. This means that Jeff Bezos' company has fired 18,000 people in the last three months.
The following is a list of technology companies with the largest number of layoffs since the beginning of the Covid-19 pandemic until early January 2023:
1. Google (January 2023): 12,000 employees
2. Meta (November 2022): 11,000 employees
3. Microsoft (January 2023): 10,000 employees
4. Amazon (November 2022): 10,000 employees
5. Amazon (January 2023): 8,000 employees
6. Salesforce (January 2023): 8,000 employees
7. Booking.com (July 2020): 4,375 employees
8. Cisco (November 2022): 4,100 employees
9. Philips (October 2022): 4,000 employees
10. Twitter (November 2022): 3,700 employees