List Of Employee Layoffs Technology Companies In 2022-2023, Google Becomes The Latest!
JAKARTA - The Job Termination storm (PHK) has been going on throughout 2022. Tech giants have been forced to take this step to their employees. And that's still happening until the beginning of this year on Microsoft and Google.
Overall, they reasoned that it was difficult to deal with the economy that was experiencing these obstacles and the decline in the market after the COVID-19 pandemic passed.
According to data quoted by Layoffs.fyi, Saturday, January 21, in 2022 alone, as many as 1032 technology companies laid off 155126 employees. Meanwhile, in 2023, there were 154 technology companies with layoffs and 55324 employees dismissed.
The following is a row of technology giants who lay off their employees, reported by various sources.
The company suspended 100 contract workers in August last year and was reluctant to recruit new workers until an undetermined time.
Apple's layoffs occurred as it slowed sales of the iPhone 14 and iPhone 14 Pro series in China. The country has repeatedly locked down COVID-19. The company also predicts sales declines will continue.
Facebook parent Meta has laid off more than 11,000 employees or 13 percent of the total 87,314 employees as of September.
This mass layoff was the first time Meta has carried out after 18 years of existence. However, in the end, Meta gave up amid a surge in costs and weakening the advertising market.
Meta CEO Mark Zuckerberg admits the layoffs are the hardest decision ever in the company's history.
The wave of layoffs has also affected Netflix employees, where the company has not fired its employees for 2022.
Netflix cut 150 employees, mostly in the US after losing a large number of customers. This layoff is equivalent to 2 percent of Netflix's total 11 thousand employees. Then, the company again laid off 300 employees due to reduced income.
"Today we are forced to lay off 300 employees. We will continue to invest in this business, but by making a number of adjustments to respond to slowing business growth," said Netflix spokesman Bao Nguyen.
Snap, the parent of social media Snapchat also lays off about 20 percent of its 6,400 employees or about 1,200 employees.
Snap's planned PHKs over the past few weeks will begin on Wednesday, August 8, said people familiar with the matter to The Verge.
It was also confirmed by Snap CEO Evan Spiegel who said it needed to be done to reduce the company's losses.
LAYOFFS also occurred in Chinese giants, who laid off nearly 5,500 employees in August last year after losing their quarterly earnings forecast. Tencent also frozen recruitment for the first time in a decade.
One week after Elon Musk acquired Twitter on October 28 last year, the billionaire decided to reduce the number of Twitter workers by 7,500 worldwide, including Indonesia.
In addition, Musk also demanded a reduction in employee salaries and intends to impose aggressive new work ethic in all social media companies.
Elon Musk has directed the Twitter team to find annual infrastructure costs of up to $1 billion.
Badai juga masih men hit Microsoft, dimana tahun lalu berkali-kali melakukan pekerjakan. Pada Juli tahun lalu, pemaksan terjadi terhadap sejumlah kecil karyawan, beberapa hari setelah pembuat perangkat luar memulai tahun fiskal 2023, imbas dari perubahan struktural.
A month after that, Microsoft also released another 1,000 employees with a total of 221 employees as of June 30, 2022.
"Like all companies, we evaluate our business priorities regularly and make appropriate structural adjustments," a Microsoft spokesperson said.
And now the latest reports state that the tech giant has announced that it will release more than 10,000 of its global workforce.
Quite a surprise for Google's parent Alphabet to take this layoff step, considering his business is quite global.
In an internal memo originally shared with Google employees and then posted on the company's official blog, Alphabet CEO Sundar Pichai confirmed the decision would affect more than 12,000 Google employees worldwide.
It is estimated that the company will lay off nearly 6 percent of Google's global workforce. Pichai said they plan to sharpen their long-term focus on new technology.
As a result of the weakening Personal Computer industry, Intel is also reportedly carrying out massive layoffs to cut costs and address shrinking markets.
Bloomberg said Intel's layoff storm affected several divisions including sales and marketing, estimated at around 20 percent of its employees. Intel CEO Pat Gelsinger insists that the company wants to focus on the company's efficiency.
Spotify's podcast service, which is claimed to get enough attention from the world, has to cut employees who work in the division. As much as 5 percent of the podcast division has been laid off. Spotify also reportedly dismissed 11 of its original podcasts.