OtherUS

Thoughtworks Layoffs

August 2023

Thoughtworks announced a layoff affecting 579 employees (5% of its workforce) in August 2023. The company operates in the Other sector.

People Affected

579

Percentage

Announced Date

Aug 8, 2023

About

Thoughtworks, a global technology consultancy, is laying off approximately 4% of its workforce, affecting hundreds of employees. The company, which employs around 10,000 people worldwide, announced the cuts in August 2023 as part of a restructuring effort to improve operational efficiency and adapt to changing market conditions in the tech industry. This move reflects broader challenges within the technology consulting sector as companies adjust to post-pandemic demand shifts and economic uncertainties.