According to data compiled by, the online tracker keeping tabs on job losses in the technology sector, 669 tech companies have laid off about 193,098 staff so far this year, compared to 164,411 layoffs last year.British Telecom announced last week that it was shedding 55,000 jobs by the end of the decade, reducing the number of employees from the current 130,000.Cuts are expected as the firm finishes work on the UK fibre network, and fewer requirements for maintenance. Around 5,000 of the roles are expected to be swallowed up by restructuring.

In addition, CEO Philip Jansen stated that a fifth of the roles are expected to be replaced by AI.

Other companies who have laid off staff include Amazon, Microsoft, Google, and Salesforce – while Buzz Feed closed down its news section.