Global Recession 2022 Worlds top companies fired more than 50000 employees

Has the Global Recession 2022 started? The announcement of layoffs in big companies around the world has raised this question. Employees are being fired in big tech companies since August this year. Recently, Twitter has cut a large number of its workforce. One reason for this may be Elon Muak’s purchase of Twitter, but Facebook’s parent company Meta and Amazon have also announced. Both the companies are going to show thousands of employees the way out. Many other companies are also in this list. Overall, these big companies have reduced more than 50 thousand jobs so far.

First thing about Amazon (Amazon Layoffs 2022). reports According to sources, the veteran retail company has talked about laying off 10,000 of its employees. Decline in sales has put pressure on the company to reduce costs. At the same time, in view of the possibility of global recession, companies have already started laying off. The loss of 10,000 jobs out of Amazon with a workforce of more than 16 lakh may be a small figure, but if the decisions of different companies are added to it, then a big number emerges.

For example, Facebook’s parent company Meta layoffs has also decided to take out its 11,000 employees. This information was given by Mark Zuckerberg, the CEO of Meta himself and the founder of Facebook. He described it as the most difficult transition in the history of the meta. Meta has admitted that its earnings have declined. The fear of global recession is also being considered as one of the reasons for this.

If you look at Twitter’s decision from the same point of view, then it has laid off 50 percent of its permanent staff (about 3,700 employees). pulled out Is. 4,400 employees working on contract have also been removed. veteran company Microsoft has also laid off and laid off nearly 3,000 workers in three rounds.

The talk of layoffs in Snapchat’s parent company Snap came to the fore in August itself. The company has reduced around 1250 workforce. South East Asia’s largest internet company Sea Limited (Sea Ltd) has removed more than 7 thousand employees in the last 6 months.

Hard drive maker Seagate Technology has said that it is preparing to lay off about 3,000 employees, which is 8 percent of the company’s total workforce. If companies related to crypto sector are added to this list, then the figure will reach beyond 50 thousand, because the sector of cryptocurrency is almost destroyed.