• GitHub is the latest company to announce mass layoffs, with roughly 10 percent of its workforce being let go when the fiscal year comes to a close.
• This figure represents around 3 000 of the Microsoft-owned companies employees.
• The company is also extending its hiring freeze, and cutting down on office space, pushing many to work remotely instead.

It has turned into yet another tough week of layoff announcements for the tech industry, with the Microsoft-owned GitHub being the latest. The confirmed reports made earlier this week that it would be letting go of about 10 percent of its workforce.

This represents roughly 3 000 employees, who will be let go at the end of the fiscal year, the company explained.

GitHub now joins Disney and Dell, both of which announced layoffs globally this week.

“We announced a number of difficult but necessary decisions and budgetary realignments to both protect the health of our business in the short term and grant us the capacity to invest in our long-term strategy moving forward. You can view our CEO’s full message to employees with additional details on these changes below,” an unnamed spokesperson told TechCrunch regarding the announcement.

“Although our entire leadership team has carefully deliberated this step and come to agreement, ultimately, as CEO the decision is mine. I recognize this will be difficult on you all, and we will approach this period with the utmost respect for every Hubber,” added GitHub CEO Thomas Dohmke, in an email sent out to staff.

Along with the news of mass layoffs, the company noted that its hiring freeze would remain in effect, along with cutting down on the amount of office space it has. The latter will see many of its employees pushed to work remotely.

“We are looking at further reducing our operating costs. We will share details and transition plans with you in the coming months, but I wanted to share two decisions with you: i) Effective immediately, we will be moving laptop refreshes from three years to four years. ii) We will be moving to Microsoft Teams for the sole purpose of video conferencing, saving significant cost and simplifying cross-company and customer conversations. This move will be complete by September 1, 2023. We will remain on Slack as our day-to-day collaboration tool,” the aforementioned staff memo added.

This will not be the last we hear of mass layoffs in the tech industry for some time, as it is now simply a case of who is next.