More than 1,600 tech employees are being laid off per day on average in 2023 globally including in India, and the sacking episodes have gained speed amid global economic meltdown and recession fears.In 2022, over 1,000 companies laid off .
On average over 1,600 techies are being fired per day in 2023 globally including in India. Last year, approximately 154,336 workers were sacked by more than 1,000 firms, the data from the layoffs tracking site Layoffs.fyi showed. aaa
Homegrown social media company ShareChat (Mohalla Tech Pvt Ltd) has laid off 20 per cent of its workforce due to uncertain market conditions.Backed by Twitter, Google, Snap and Tiger Global, ShareChat has about 2,300 employees, and the layoff .