The end of a second straight month of layoffs in tech

June brought another wave of layoffs in tech, with cuts impacting roughly the same number of employees as May: 16,000 employees, according to tracker layoffs.fyi. Another layoff aggregator from TrueUp paints a more dire picture, counting 26,000 impacted employees this month, up from about 20,000 last month. Either way, the data is grim.
The end of a second straight month of nearly daily layoffs shows how every startup sector, from mobility to fintech, is impacted by the downturn. Strategy ranges; some companies are laying off specific teams, others are distributing cuts across all department

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