With offices in Manchester, Microsoft announced plans for global job cuts of 10,000 this week and Google’s parent company Alphabet revealed 12,000 jobs are set to go globally.
It’s just the latest in a wave of mass layoffs seen across the tech industry, with Meta, Twitter, Amazon and Stripe all grappling with rising costs and a slowing global economy.
Although it’s uncertain how many staff at Microsoft and Google will be affected by the planned cuts in the North, how might this impact the wider tech industry particularly in the North?
For Harry Luscombe, founder of Manchester-based fintech start-up Boodil and former Commercial Director at Total Processing, it seems to have already opened up access to a greater pool of tech talent.
With a founding team of four, Boodil officially launched in October last year and has already secured a pre-seed raise of just over £500,000 from angel investors. The company works with a nearshore development agency to access its development needs.