Similar Stories to Why Is Every Tech Company Suddenly Laying Off About 6% Of Its Workforce? on Bing News

Tech CEOs seem to have decided that when it comes to layoffs, about 6% of the workforce is a magic number. As today’s job report showed, the U.S. economy as a whole was still humming along nicely in January. But in the tech industry, the new year got off to a depressing start, with Amazon announcing on January 4 that it would be laying off 18,000 employees, or 6% of its corporate workforce.

Topics:  tech ceos   u.s    amazon   alphabet   okta   spotify   hubspot   ncc group   paypal   read full story   january   company   laying   workforce   layoffs   announcing   employees   
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