More than 500 tech companies have announced layoffs since July 2022. Amazon, Google, Meta and Microsoft will each cut more than 10,000 jobs, representing between 5 and 13% of their workforce, per tracking site Layoffs.fyi.
Details: Twitter has cut at least 50% of its workforce since Elon Musk bought the company. At the other end of the spectrum, Apple has so far avoided letting people go.
Go deeper: