Tech Layoffs Are Happening Faster Than at Any Time During the 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, a website that tracks the events as they surface in media reports and company releases.