Data points.

Tech layoffs post-pandemic

Technology-driven companies across industries have been laying off workers at the fastest pace since the Covid-19 pandemic shocked the global economy in 2020, according to one data tracker. Collectively, employers in the slumping tech sector cut more than 150,000 jobs in 2022, based on estimates from Layoffs.fyi, a website that tracks the events as they surface in media reports and company releases. That figure compares with about 80,000 layoffs in March-December 2020 and 15,000 in all of 2021, based on data compiled on the site. Consumer and retail were the two hardest-hit parts of the tech sector in...