Multiple major tech companies, including Wayfair, TikTok, Riot Games, Brex, and eBay, have announced significant layoffs.
With these most recent layoffs, just over three weeks into the new year, the tech industry has seen a total of 13,240 employees laid off across 72 companies, according to layoff tracking site Layoff.fyi. In all of 2023, 262,595 employees were laid off across 1,186 tech companies.
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