Feb 26, 11:00 PM

Ukraine's Tech Layoffs: 10,700 Engineers Lost, 82,000 Employees Now, 200,000 Before War

Tech companies have been laying off thousands of workers, with over 400,000 job cuts in the past two years. Major technology firms have cut nearly 40,000 jobs since the beginning of 2024 due to factors like the rise of artificial intelligence and interest rates. Ukraine's largest tech companies lost 10,700 engineers last year, reducing the tech labor market to 82,000 employees from over 200,000 before the war.

#Ukraine

Written with ChatGPT (GPT-3).