Global Recession 2023

Now only 6 months of 2023 have been completed and in America alone more than 194000 American employees have lost their jobs so far. This data has been released by America's only Forbes Layoff Tracker. Due to the fear of global recession, this fear is also haunting all the employers. Know how many companies have retrenched how many employees so far.

The wave of layoffs is still on in 2023 and employers fear a global recession is on the way. Let us know which company has retrenched how many employees so far.

More layoffs in tech companies

More than 74 thousand jobs lost in January only

In addition, some of the biggest layoffs this year include Morgan Stanley, which cut 3,000 positions in May, David Bridal, which cut more than 9,200, Dell (6,650), and Disney (7,000). Layoffs have also hit nearly 40 media companies in 2023.