TECH INDUSTRY’S MASS JOB CUTS

50%

The workers (around 3 700) billionaire Elon Musk laid off when he recently took over Twitter

1 000

The employees Microsoft retrenched across several divisions in October

74 000

The staff Meta employs following its job cuts

13%

The workers e-ride hailing service Lyft plans to retrench in the company’s second round of job cuts for the year

9 587

Jobs the tech sector shed in October - the highest monthly total since November 2020