Job gone from Meta, Google, now 63 percent employees are trying their hand in business - Newztezz Online


Tuesday, March 7, 2023

Job gone from Meta, Google, now 63 percent employees are trying their hand in business

Layoff has been the trending topic of this year. Many multinational companies have announced to reduce the number of their employees. Know what options are left with IT professionals after losing their jobs.

Layoff: As layoffs are going on in the tech industry. Recently there has been news of firing of employees from Google and Meta . Apart from this, many people in the IT sector have lost their jobs. Some time back Twitter has fired 200 people. Apart from this, Amazon and Microsoft have also laid off employees.

According to a report, in the year 2023, there have been 567+ layoffs in the tech industry so far. According to statistics, more than 1.5 lakh IT experts lost their jobs in the last two months. This affected 2,537 people daily. Talking about the monthly data, in January 2023, around 1,07,780 IT employees were affected by the retrenchment. And in February, about 47,854 people lost their jobs. Talking about March, in the beginning 1,629 employees have lost their jobs. Apart from this, about 1,000 employees of Meta can be fired in a week or two.

Getting job through LinkedIn

After many cases of layoff, it comes to the fore - the future job of the employees. It is obvious that after getting the stamp of being fired from the job, it is a bit difficult to get another job. To avoid this, the employees of most of the companies are resigning on their own after getting the notice. Although ex-employees of big tech companies can get jobs through LinkedIn. Many such posts have appeared on social platforms through which IT professionals have secured jobs. These days there are many start-ups who are hiring people on good salary.

63 percent of the employees started their own work

According to a report, about 63 percent of IT professionals have started their own company after retrenchment. 83 percent of these people are associated with new ventures. According to Clarify Capital, almost 1 out of 4 tech workers have not been hired by any other company after the layoff. It has also been said in the report that about 53 percent of the people who start their own company are more happy with their work, as well as they are not in danger of losing their job.

Meta and Google ex-employee working in OpenAI

ChatGPT 's developer company OpenAI has hired former employees of Google and Meta. According to a report, 59 ex-employees of Google and 34 ex-employees of Meta are working in OpenAI. It has also been said in the report that some ex-employees of Apple, Google and Meta have also been included in the leadership of OpenAI.

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