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Big Tech Companies Fires Thousands Of Staff

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Big Tech Companies Fires Thousands Of Staff.

There are over 500 thousand tech companies in the US alone and the biggest of them are laying off staffers and removing job offers from the market.

Reasons given for sacking engineers are widely spread, but most are hinted at profitability issues and others at staffers not performing as expected.

The big tech companies are:

  • Adobe ( 26,000+ employees )
     
  • Amazon ( 1,608,000+ employees )
    Amazon is planning to lay off around 10,000 employees in corporate and technology roles.

     
  • Apple ( 164,000+ employees )
     
  • Alphabet Inc. ( 156,500+ employees ), has announced plans on cutting staff and stop hiring new talents 2022/2023. Read more here.
    Products: Android, Google, Youtube.

     
  • Broadcom Inc. ( 20,000+ employees ):
    Products: Symantec Enterprise Cloud, Rally Software.

     
  • Cisco Systems ( 79,500+ employees ) specializes in routers, switches and cybersecurity.
     
  • HP ( Hewlett Packard ) are set to cut their staff by 6,000 workers. Read more here.
     
  • Meta ( 83,550+ employees in 2022 ), but will be cutting its staff by 11,000 people as of Nov 9th 2022. The largest cuts in the business so far !
    Now ( 72550+ employees ) are working for Meta, who owns Facebook, Instagram, WhatsApp. Announcement here.

     
  • Microsoft ( 221,000+ employees ), cut its staff by 1000 people in October 2022.
    Now ( 211,000+ employees ) are working for Microsoft, who owns Windows OS,MS Office, Microsoft Teams, Visual Studio and more. Read more here.

     
  • Oracle Corporation ( 143,000 employees ), cut its US staff by 201 people in August 2022.
    Now ( 142,799 employees ) are working for Oracle, who owns Oracle Cloud, Java, MySQL, Oracle Linux. Read more here.

     
  • Snap Inc. ( 6000+ employees ), cut its staff by 20%, "1200" people reported in August 2022.
    Product: Snapchat.

     
  • Tencent Holdings ( 85,858+ employees in 2020 ), to cut its staff by 25%. So far it has cut 5% which is 5000,00 people. Reported August 2022. Read more here.
    Products: WeChat, PUBG Mobile, QQ.

     
  • Twitter ( 7,500+ employees ), cut its staff by 50%, "3,700" people reported November 2022.
    Now ( 3700+ employees ), but the owner Elon Musk wants to cut even 25% more. Read more here.
    Product: Twitter.

Source for statistics amongst others: Userguiding.com

 

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