Is tech layoffs even effecting UK and EU folks?

Question

Seems like its mostly US workforce?.Im not in a FAANG but spoken with a friend connections at carious big tech places and theyve barely been touched it seems. Thoughts?

Aloof · Accepted Answer

Based in Ireland which has a bjg FAANG footprint, we’re seeing some of the cuts affecting (usually in the 200-500 people region per company) but definitely not as widespread as in the US.
Seems to be concentrated on Support functions over actual Product Dev people. Think the more comprehensive workers rights are making them think the process out much more.

Also think a big factor is the type of products and projects run out of UK/EU branches. They tend to be the more boilerplate stuff (Tools, Platform software etc.) with a lot less pure R&D. Means there’s a less likelihood your entire product has been canned and your team disbanded.

OreoDomino2424 · Answer

Outside of FAANG, there have definitely been layoffs. My former employer had 2 rounds of layoffs last year. It has particularly affected growth companies, similarly to the US. If you chuck layoffs.fyi, lots of UK/EU companies also show up.

bringee · Answer

Yeah, from what I've seen it definitely has impacted the US more. There are some orgs in FAANG companies that seem to have been impacted outside of the US but the scale is far less than it is in the US for those

19g617l4snz15g · Answer

Canadian employee here - been laid off twice last year

Is tech layoffs even effecting UK and EU folks?

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