Countries With Highest Tech Lays-Offs In 2023

Layoff-fyi, a global job tracking website, has disclosed that 261,000 individuals experienced job losses in the year 2023

Image: Bloomberg

Image: iStock

Around 4,700 individuals were laid off in the ed-tech sector, followed by food, finance, retail, consumer and healthcare

According to statistics, here are the estimated numbers of individuals fired country-wise

Image: Bloomberg

The list was topped by the United States, where companies sacked as many as 1.79 lakh employees - around 70% of the total global layoffs

Image: Reuters

With a total of 16,400 job cuts, India ranked second for the highest number of layoffs last year, according to the data

Image: Bloomberg

Image: Pixabay

Germany, with 13,000 job cuts, was third

Image: Unsplash

Around 11,100 techies in Sweden lost their jobs in 2023

Image: Bloomberg

The United Kingdom, with 9,400 job cuts, was fifth

Image: Reuters

Paytm laid off more than 1000 people in the last week of December

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