Friday, June 2, 2023

Challenger report: US tech companies have announced 136,831 layoffs in 2023 so far, more than in any full year since 2001, when job cuts reached 168,395 (Alexandre Tanzi/Bloomberg)

Alexandre Tanzi / Bloomberg:
Challenger report: US tech companies have announced 136,831 layoffs in 2023 so far, more than in any full year since 2001, when job cuts reached 168,395  —  US companies have announced more job cuts this year than during all of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc.



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Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who ...