Articles about tech layoffs

2025 global tech sector layoffs surpass 200k

A total of 244 851 people were laid off in the tech industry globally in 2025, with the adoption of automation and AI punted as the dominant force behind the job cuts.

Tech layoffs take toll on SA software developers’ salaries

The number of local developers retrenched in the past 12 months doubled, leading to salary growth stagnation and reduction in salary increases.

Bolt to expand African workforce amid tech layoffs

The multinational e-hailing firm plans to increase its team of employees across Africa, as part of its global expansion.

Luno to shed 35% of jobs to navigate 'crypto winter'

The SA-born crypto exchange is adjusting the size of its team across all its markets, says CEO Marcus Swanepoel.