Tech companies continue slashing jobs amid uncertain 2023 economy

Layoffs that began in 2022 are accelerating across some technology companies. 
 

The tech industry is slashing jobs at a pace nearing the early days of the Covid-19 pandemic. In November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 this year, according to consulting firm Challenger, Gray & Christmas Inc. It was the highest monthly total  for the industry since the firm started keeping data in 2000.

After a bumpy start to the pandemic in 2020, tech companies benefited from a boom in e-commerce spending and remote work boomed, triggering