417 tech firms have fired 1.2 lakh staff so far in 2023: Report

A total of 417 technology companies have fired nearly 1.2 lakh employees so far in 2023, according to layoffs tracking site Layoffs.fyi's data. A total of 1.61 lakh employees had been fired by 1,046 technology companies in whole of 2022. In January, nearly one lakh employees were fired globally, with Amazon, Microsoft and Google, among others, leading with most layoffs.