Tech Layoffs Soar Over 150K in 2023's Worst Start Since Pandemic While New Hires Offer Hope

Corporate layoffs up nearly 200% through first 9 months of 2023, worst start since 2020

Technology sector hardest hit - over 150,000 layoffs, up 716%

Retail and healthcare follow with 71,000 and 53,000 layoffs respectively

Media layoffs up 550% with over 19,000 jobs cut

Layoffs declined 37% from August to September

590,000 new hires announced in September, mostly seasonal retail roles