Diabytes
Tech companies layoff News
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Disney plans to freeze hiring, cut jobs.
In an internal memo, Disney CEO calls for staff reductions as part of the review.
Disney sees a disappointing quarterly results.
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Expert anticipate mild recession next year. Keeping themeselves ready for it, several tech companies globally have announced lay off in the past few months, making it one of the worst years in the industry. Meta recently laid off 11,000 employees while Twitter cut almost 50% staff this month. However, they are not alone. Several tech companies have taken the same measure to lower their cost and turn themselves profitable in coming months. Here's the list of big tech companies that laid off their employees and what is the percentage of it.
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