Analysis

Briefing: Could mass tech firm layoffs trigger ripple effect for insurtechs?

By 2023-02-02T13:10:00

job cuts layoffs

As more technology giants announce mass staff layoffs, could the insurtech sector see a similar trajectory?

For big technology giants, it’s been a challenging start to 2023.

So far this month (January 2023), Google has laid off 12,000 staff, citing challenging macroeconomic conditions as the cause - its chief executive Sundar Pichai has also been tipped for a salary cut.

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