Nearly half of those cuts came in the months of November and December, led by massive reductions at Amazon, which cut 10,000 employees, and Facebook and Instagram parent company Meta, which cut 11,000 employees. Employers feared high inflation and multiple rounds of interest rate hikes by the Federal Reserve could throw the economy into recession. companies between June and December, according to Forbes’ tracker. employees affected by cuts at more than 120 large U.S. companies ranging from tech startups to manufacturers, retailers and banks conducted a series of major layoffs last summer-with nearly 125,000 U.S. labor market still managed to add 236,000 jobs in the month of March while the unemployment rate dropped to 3.5% from 3.6% in February, according to Labor Department data-though it was the smallest increase in total employment since December 2020, sparking fears among economists that a recession could be under way.
Contraĭespite massive layoffs continuing at many large companies over the first few months of 2023, the U.S. layoffs over the first three months of 2023-more than the previous two fiscal quarters combined, led by massive head count reductions at Amazon, Google, Meta and Microsoft, according to Forbes’ tracker. That’s how many employees were cut in major U.S. This is the equivalent of 2,396/week or 10,384/month. Just in case you need a simple salary calculator, that works out to be approximately 59.91 an hour.
Average drupal developer salary software#
April 3 Hyland Software, the developer behind process management software OnBase, announced plans to cut 1,000 employees-roughly a fifth of its workforce-and reassess job responsibilities, as CEO Bill Priemer said the Ohio tech company “did not anticipate the degree to which inflation, rising interest rates and wage increases would impact our expenses.” Big Numberġ36,000. As of Apr 19, 2023, the average annual pay for a Senior Drupal Developer in the United States is 124,616 a year.
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