While tech sector employment remains strong, that doesn’t mean everyone in the channel has been able to avoid getting pinked-slipped this year.
AT&T, Lenovo, SAP and Oracle are among companies in the channel that have shed workers during the first half of the year as part of a cost-cutting strategy and/or business transformation. And according to CompTIA, telecommunications continues shedding workers, cutting an estimated 500 jobs last month.
The good news? The unemployment rate for technology jobs across the United States dropped to a 20-year low of 1.3 percent in May as hiring gains were recorded in both the tech sector and across the economy, providing opportunities for displaced workers.
Scroll through our layoff tracker below for a recap of cuts that occurred during the first six months of this year.
The managed cloud services provider wouldn’t say what types of jobs were eliminated and where those jobs are located. The company’s headquarters is in San Antonio, Texas.
According to Rackspace officials, the company “continues” to be stable and profitable, and continues to hire.
Developers, development experts, senior developers and product experts were among the workers most impacted in the Golden State.
As of 2018, SAP had nearly 96,500 full-time employees globally.
In a statement, SAP told Channel Partners the company is constantly changing to adapt to market and customer needs.