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Where are you getting 1 million numbers from? There have been maybe 100k total layoffs from top companies being publicized. Even that is a fraction of the total
by geuis 4y ago
Where are you getting 1 million numbers from? There have been maybe 100k total layoffs from top companies being publicized. Even that is a fraction of the total numbers of engineers in the industry, if we spread out the definition alot and go LALALA with our fingers in our ears.
Not dismissing 100k. That's a significant number and I hope everyone will be ok in the end.
- iExploder 4y agobased on https://layoffs.fyi/ https://layoffs.fyi/ seems like 1M is rly a bit too much
- menaerus 4y agoAccording to the data from that website: - 2022 year - 1044 companies laid off 159786 employees - 2023 year - 334 companies laid off 101617 employees However, 637 out of 1795 of listings, which is 35%, is not part of this statistics because their "Laid Off" employees field is empty (0). For some reason, total sum of laid off employees is displayed as 358224, and even though that does not really match the reported 2022+2023 numbers, I could easily imagine that the actual figure crosses the 0.5M given that 30-40% of the listings are not included in math.
- Yoric 4y agoAdditionally, a number of companies have chosen to not communicate about their layoffs.