Final yr’s techwide reckoning continues. The tech business has seen more than 240,000 jobs misplaced in 2023, a complete that’s already 50% increased than final yr and rising. Earlier this yr, mass workforce reductions had been pushed by the largest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups throughout many sectors additionally introduced cutbacks by means of the primary half of the yr. And whereas tech layoffs slowed down in the summertime and fall, it seems that cuts are ramping up but once more.
Many economists have cautioned in opposition to fears of a recession, which would appear like a motive for optimism. However the momentum for a tech sector rebound has been gradual to construct, leading to tech corporations persevering with to chop again on their workforces and pivot from a development mindset to at least one primarily based on effectivity within the face of cussed market circumstances.
However monitoring these layoffs helps us to grasp the affect on innovation, which corporations are going through powerful pressures and who is out there to rent for the companies fortunate to be rising proper now. Sadly, it additionally serves as a reminder of the deeply human affect of layoffs and how threat profiles might evolve from right here.
Under you’ll discover a complete checklist of all of the recognized layoffs in tech which have occurred in 2023, to be up to date month-to-month. When you have a tip on a layoff, contact us right here. For those who want to stay nameless, you’ll be able to contact us right here.
The operating whole of layoffs for 2023 primarily based on full months thus far is 224,503, according to Layoffs.fyi. Tech layoffs carried out thus far this yr at the moment exceed the overall variety of tech layoffs in 2022, based on the info within the tracker.
- January: 89,554 workers laid off — see all January 2023 Tech Layoffs
- February: 40,021 workers laid off — see all February 2023 Tech Layoffs
- March: 37,823 workers laid off — see all March 2023 Tech Layoffs
- April: 20,014 workers laid off — see all April 2023 Tech Layoffs
- Could: 14,928 workers laid off — see all May 2023 Tech Layoffs
- June: 10,958 workers laid off — see all June 2023 Tech Layoffs
- July: 10,589 workers laid off — see all July 2023 Tech Layoffs
- August: 9,545 workers laid off — see all August 2023 Tech Layoffs
- September: 4,632 workers laid off — see all September 2023 Tech Layoffs
- October: 7,331 workers laid off — see all October 2023 Tech Layoffs
Information visualization by Miranda Halpern, created with Flourish
Is shedding more than 10% of its staff forward of the corporate spinning out from Lionsgate, CEO Jeffrey Hirsch introduced November 3. The community and streaming app will even exit Australia and the U.Okay.
Laid off about 250 individuals November 3 as a part of restructuring. The wholesale market raised a $416 million extension at a $12.6 billion valuation final yr.
Confirmed to Information World November 3 that it’s issuing a spherical of layoffs affecting about 10% of their workforce, citing “fierce competitors.”
Is lowering its workforce by 20%, CEO John Robinson announced November 2. The esports model is spinning out its recreation studio in addition to its power drink model, Juvee.
Performed a spherical of layoffs, CEO Jeevan Kalanithi announced November 2. The variety of workers impacted by the layoffs has but to be reported.
Is about to chop around 500 employees CEO Gary Steele mentioned in a message to workers November 1 forward of its deliberate acquisition by Cisco.
Is shedding about 100 workers, CEO Pete Parsons announced 10/30. The Sony-owned recreation studio can also be delaying two of its upcoming titles consequently.
Reportedly lower an estimated 10% of its workforce October 27 after the monetary startup for creators raised a $70 million Sequence B spherical earlier this yr.
Plans to eliminate 120 roles, the corporate mentioned in an SEC submitting October 30.
Plans to chop 850 members of its staff, the insurance coverage firm confirmed October 27.
Lower 110 jobs and are transferring some roles overseas, CEO and co-founder Jason Purcell introduced October 25.
Is shutting down, months after its former CEO Chris Kirchner was arrested on fraud fees and sued the corporate to pay for his authorized payments.
Introduced October 24 in an organization assertion that it laid off 3.5% of their workforce and can shut many open roles.
The X various beforehand referred to as T2 introduced October 24 that it’s shutting down its operations.
Introduced October 19 that it’s going to lower up to 14,000 jobs, or 16% of its workforce, following a large dip in Q3.
Lower 15 roles on October 24, two years after the joint effort with Tencent abruptly paused its service.
Eradicated 26 roles, CEO David Campbell confirmed in a LinkedIn post October 21.
Is halting operations as a result of a “large freight recession,” CEO Dan Lewis announced in a memo October 19, per week after shedding 20% of its workforce.
Plans to put off more than 100 workers in its gross sales division, the corporate disclosed in a Employee Adjustment and Retraining Notification Act letter.
Laid off greater than two dozen staff, Information World discovered October 18, a couple of yr after the trans healthcare startup raised a $24 million Sequence B.
Eradicated at least 40 roles in its information division, Google confirmed October 18.
Lower round 100 jobs, Skift reports, in its second spherical of layoffs in latest months. The cuts reportedly impacted workers throughout knowledge and AI.
Laid off 28% of its workers, greater than doubtless impacting 100 individuals, the Prosus-owned firm introduced October 16.
Eradicated 50% of its workers on October 16 after possession modified from online game firm Epic to music licensing platform Songtradr.
Confirmed October 16 that it’s going to lower 668 extra jobs, bringing the overall to almost 1,400 this yr, with the majority of the latest cuts impacting these with R&D roles.
On October 13 started shedding 20% of its staff, about 600 individuals, because it prepares for restructuring, and continues a cost-cutting marketing campaign that started with rescinding gives and dealing to lease workplace house.
Is chopping 1,258 jobs in two of its California places of work. In response to a filing with the California Employment Development Department, the semiconductor firm plans to make the reductions in December.
Laid off 40 individuals October 10, together with software program engineers and program managers, based on The Information.
Will lay off 558 employees after the non-public styling subscription service closes a distribution middle in Dallas.
Confirmed October 6 that it had laid off 86 individuals, about 40% of the a16z-backed fintech firm. Earlier within the yr, Synapse laid off 18% of its workers after its development slowed.
Issued a brand new spherical of layoffs after buying Spin, based on an e mail interim CEO Michael Washinushi despatched to the corporate. The layoffs got here one week after the corporate was delisted from the New York Inventory Alternate, and the precise quantity stays unknown.
Introduced on October 4 that 780 roles are being eliminated and that “a number of hundred” roles are altering or transferring areas in 2024.
Is lowering its full-time workers by 30%, amounting to 250 job cuts, the corporate announced October 3.
Introduced October 2 that it’s shedding around 15% of its workforce, affecting roughly 150 workers.
In a regulatory submitting revealed September 29, the cybersecurity startup has ceased all enterprise actions because it prepares for Chapter 7 chapter and has laid off its remaining workers.
Is reportedly chopping at the least 25 contract builders, two sources accustomed to the state of affairs instructed Kotaku.
Epic Video games
Introduced on September 28 that the Fortnite maker is shedding 16% of its workforce, amounting to 870 individuals.
An impacted worker confirmed on September 27 that at the least 140 individuals, if no more, had been affected by Talkdesk’s third spherical of layoffs in lower than 14 months.
Introduced on September 26, the corporate plans to chop 5,000 jobs as a result of restructuring efforts. The startup has eradicated greater than 10,000 positions prior to now two years.
Confirmed to Information World on September 21, Roblox let go of 30 workers in its expertise acquisition group. No different groups are impacted.
Introduced on September 11 that it’s shedding 94 workers.
Introduced on September 8 that it laid off roughly 40 individuals out of the 270+ on the firm, together with C-suite executives.
Introduced September 6 that it plans to put off roughly 10% of its workforce, representing over 300 workers.
Introduced on August 31 that it laid off 100 workers, primarily impacting company workers.
Introduced on August 21 that it’s shedding 283 workers, or 33% of its workforce.
Introduced on August 14 that it’s going to let go of 15% of its workforce, impacting about 300 workers. That is the corporate’s second spherical of layoffs this yr.
Introduced on August 14 that it’s chopping 16% of workers.
Confirmed on August 10 that it’s making extra layoffs, its second spherical of layoffs in simply six months. The corporate declined to say what number of workers are affected by this spherical of cuts. NCC Group lower 125 workers in February.
Introduced on August 9 that it plans to put off 18% of its workforce, affecting greater than 400 workers globally.
Cell Premier League
Introduced on August 8 that it’s shedding roughly 50% of its workers or 350 individuals.
Introduced on August 4 that it has laid off 25% of its workforce because the starting of the quarter.
Introduced on August 3 that it has let go of practically 40 workers or 4% of its workforce.
Introduced on August 2 that it’s shedding 12% of its workforce, roughly 50 workers.
Introduced on August 2 by Inc42, the startup laid off around 300 employees or 10% of its workforce. Of the 300 workers being let go, about 200 had been from Tekion’s India workplace.
Introduced on August 1 that it’s shedding 117 workers, or 10% of workers.
Introduced July 19 that it’s suspending worker salaries for a month and plans a brand new wave of layoffs as quickly as July 20. Dunzo executives knowledgeable workers that they are going to doubtless be chopping over 200 jobs, in what shall be its third layoff this yr. The corporate has eradicated about 400 jobs this yr to this point.
Introduced on July 18 that it intends to put off 80 staff.
Introduced on July 13 that the Indian startup has laid off 20% of its workforce, round 225 workers.
Introduced on LinkedIn on July 9 that the corporate is shedding 52 workers.
Introduced July 10 that the corporate is eliminating extra jobs per week after the beginning of its 2023 fiscal yr. These layoffs are along with the ten,000 layoffs introduced in January.
Introduced on July 4 that it has laid off 10% of its workforce, about 90 individuals.
Introduced June 29 that it laid of 230 workers — one yr after it laid off round 90 workers.
Introduced June 29 that it laid off roughly 20% of its workers, or 37 workers.
Introduced the week of June 23 that it laid off greater than a thousand individuals, or 11% of its workers.
Introduced on June 20 that it has lower round 800 jobs globally. The information comes as the corporate began to shut operations of its automotive enterprise nit Olx Autos in some markets.
Introduced on June 18 that the corporate shall be shedding some 150 workers, a majority of the workforce.
Operated by Korean ride-sharing firm Socar’s subsidiary VCNC introduced on June 15 that it plans to let go of at the least 50% of its workers or about 45 individuals at Tada.
Introduced on June 7 that it laid off its actual property workforce, it isn’t clear how many individuals had been impacted.
No less than 14 individuals have been laid off from the rocket engine startup, introduced on June 7. Ursa Main didn’t reply to Information World’s inquiry into the layoffs, or the variety of individuals affected. In response to LinkedIn, 292 individuals are listed as at the moment working at Ursa.
Introduced June 5 that it’s going to lower 200 jobs in its podcast unit, resulting in a workforce discount of two%. This comes only a few months after the corporate introduced a major wave of layoffs.
Introduced on Could 30 that it has laid off 20% of workers—120 workers.
Introduced Could 24 that it’s shedding about 6,000 individuals. In whole, about 21,000 individuals have misplaced their jobs at Meta since November.
Reliance Retail’s on-line procuring platform laid off over 1,000 workers on Could 22, and plans to chop as many as 9,900 extra roles over the approaching weeks.
Krebs Stamos Group
Introduced Could 18 that the consulting agency laid off six individuals. In April, the agency had 18 workers together with the founders. On Could 18, the positioning exhibits solely 14 workforce members.
Introduced Could 18 that it’s shedding about 30% of workers.
Previous to the layoff, TuSimple had about 550 workers within the U.S. and put up discount in power the corporate could have about 220, based on the corporate.
Introduced Could 12 that it’s going to lay off 30%, or about 340 workers throughout the corporate.
Introduced Could 8 that it’s chopping 716 jobs, or about 3.6% of whole workers, and can part out its native jobs app in China. Regardless of lowering some roles, LinkedIn additionally plans to open about 250 new jobs on Could 15.
Introduced Could 5 that Speedy (beforehand referred to as RapidAPI) has laid off one other 70 workers lower than two weeks after letting go of fifty% of its workers. Simply 42 individuals stay on the firm, down from 230 in April, dropping a complete of 82% in headcount.
Introduced Could 4 that it has lower 15% of its workforce, or 251 roles. This comes after its first spherical of layoffs, which eradicated 150 roles a couple of yr in the past.
Introduced Could 4 that it’s shedding 20% of its workforce, impacting greater than 2,000 individuals. It’s additionally promoting its logistics enterprise to Flexport for roughly 13% in inventory.
Introduced Could 3 that it laid off round 50 workers — or 13% of its workforce — on Could 2.
Introduced Could 1 that Vorwerk-owned Neato Robotics is shutting down, with practically 100 workers impacted by the transfer.
Introduced April 27 that it has laid off greater than 50% of workers. A spokesperson for Clubhouse declined to touch upon the variety of individuals impacted by right this moment’s workforce discount or the variety of workers who stay on the firm. Final October, Davison instructed Information World that Clubhouse had near 100 workers.
Introduced April 27 that it could be shedding 500 workers or 16% of workers.
Introduced on April 26 that it’s shutting down its Halo Well being division, efficient July 31, among other divisions. The layoffs are a part of the 9,000 workers introduced in March. Together with the 18,000-person layoffs introduced in January, this brings the overall to 27,000 job cuts or 8% of Amazon’s company workforce this yr.
Introduced on April 25, Speedy, beforehand referred to as RapidAPI, lays off 50% of its workers. The layoffs are believed to have impacted 115 individuals.
Introduced on April 25 that it’s going to lay off 16 individuals from its workers, or 28% of workers.
Introduced on April 21 that workers will be taught whether or not they have a job or not by way of an e mail that shall be despatched out April 27.
Lyft layoffs to have an effect on 26% of workforce, or about 1,072 individuals as promised on April 27.
Introduced April 18th that it’s anticipated to put off 10,000 jobs within the coming months. That is on prime of the 11,000 jobs that had been lower in November.
Introduced April thirteenth that it has laid off 201 workers, about 4% of its workforce. That is the third time the Seattle-based actual property firm has diminished its workforce since June.
Bloomberg reported on April 3 that Apple is laying off a small number of roles on its company retail groups.
Introduced on March 31, Netflix confirms a “handful of layoffs,” which incorporates two longtime executives. The precise variety of layoffs is unclear. Netflix is scheduled to report Q1 2023 outcomes on April 18.
Introduced March 30 that it’s letting go of about 200 workers, or 6% of its workforce. The corporate had laid off 200 U.S. workers again in November.
Introduced March 30 that it has laid off greater than 350 roles, or 12% of its workforce — simply over 4 months after chopping about 350 roles in November.
Shift Applied sciences
Introduced March 29 that it laid off 30% of its workforce in Q1 2023.
Introduced March 28 that it’s shedding 1,300 workers, or 18% of its workforce, to be accomplished by the top of Q2 2023.
Introduced on March 28 that it has eradicated over 100 jobs within the South Asian market, shedding just about its complete engineering workforce in India. A GitHub spokesperson instructed Information World that the layoff is a part of the streamlining effort the agency had disclosed in February to chop roughly 10% of its workforce by finish of Q1 2023.
On March 27 in an inner memo to workers, Disney revealed there shall be three rounds of layoffs, the primary starting this week. The job cuts will affect roughly 7,000 workers, which was introduced in February.
On March 24, Bloomberg reported that extra layoffs could possibly be on the way in which at Salesforce, quoting chief working officer Brian Millham, who indicated that the corporate could possibly be including to the ongoing job chopping on the CRM chief and in tech basically. If the layoffs occur, it could come on prime of the ten% lower in January.
Introduced March 23 that it plans to chop 19,000 jobs, or 2.5% of its workforce.
Introduced March 22 that it’s going to lay off 2,200 workers, or 15% of its workers.
Introduced March 22 that it has laid off 27% of its workers, roughly 100 workers.
Introduced March 20 that it’s going to lay off 400 workers.
Introduced March 20 another round of considerable layoffs, this time 9,000 individuals are set to lose their jobs. Information World is listening to that round 10% of right this moment’s whole got here from AWS. As a part of the brand new spherical of layoffs, Amazon is shutting down DPReview.
Introduced March 20 that it has laid off at least 100 employees, about 2% of the company’s workforce.
Introduced March 16 that it has lower 15% of workers, or 42 individuals.
Introduced March 15 that it has laid off 140 of its workers throughout all groups.
As part of its recent announcement to layoff 10,000 individuals, Microsoft laid off a whole workforce devoted to guiding AI innovation that results in moral, accountable and sustainable outcomes. On March 27, Microsoft laid off 559 workers from its Bellevue and Redmond operations.
CEO Mark Zuckerberg confirmed rumors March 14 that the corporate shall be chopping 10,000 individuals from its workforce and round 5,000 open roles that it had but to fill.
Introduced March 13 that it’s going to affect 20% of workers, or 17 workforce members.
Salesforce first introduced that it was shedding 10% of the workforce in January, however some workers didn’t know till February. The week of March 10, extra workers are simply studying they’ve been laid off. Salesforce confirmed that these layoffs had been a part of the ten%.
Introduced on March 6, Atlassian is shedding about 500 workers, or 5% of its whole workforce.
Introduced on March 6, the corporate laid off 475 workers, or 8% of its whole workforce.
The Nigerian B2B e-commerce platform had a headcount of greater than 2,000 earlier than a primary spherical of layoffs in September 2022. Alerzo has laid off 15% of its full-time workforce, the corporate confirmed on March 6, leaving about 800 workers on the startup.
Introduced March 1, the corporate is letting go 15% of it’s workforce — roughly 285 employees.
Introduced March 1, Alphabet’s Waymo issued a second spherical of layoffs this yr. Mixed with the preliminary cuts in January, the self-driving expertise firm has let go of 8%, or 209 workers, of its workforce.
Introduced on March 1, the corporate laid off about 4% of its international workforce — roughly 500 workers.
Introduced on February 26, the corporate laid off greater than 200 workers, together with Esther Crawford, Haraldur Thorleifsson and Leah Culver. Since Musk took over Twitter in October final yr, the corporate’s headcount has fallen by greater than 70%.
Introduced February 24, Poshmark confirmed with Information World that lower than 2% of its workforce was affected, primarily within the U.S. The corporate employs roughly 800+ workers.
We shouldn’t have an actual determine of what number of Inexperienced Labs plans to put off its workers. Inexperienced Labs confirmed to Information World that it’s conducting a spherical of layoffs that would affect at the least 50% of its workforce.
Introduced on February 20, the African cross-border funds platform carried out a second spherical of layoffs simply 10 weeks after it lower roughly 12.5% of its workforce. Chipper Money relieved virtually one-third of its workforce, about 100 workers.
On February 17 the corporate confirmed shedding 129 individuals.
Introduced February 16 that it lower 20% of its workers, or greater than 900 positions throughout its 11 markets, in This autumn of 2022.
Introduced on February 16 that it’s shuttering its Atlanta workplace and shedding staff as a part of restructuring. That is the third time in lower than a yr that the corporate has laid off staff.
Introduced on February 15 that it’s going to affect 4% of its international workforce — or greater than 100 workers.
Introduced on February 13 that it’s going to lay off 7% of its workforce, roughly 85 employees.
Introduced on February 13 that it’s going to affect round 17% of its international workforce, about 1,400 individuals.
Introduced February 9, 10% of its workers shall be impacted by means of the top of the corporate’s fiscal yr. Earlier than this announcement, which was first reported by Fortune, GitHub had about 3,000 workers.
Introduced on February 9, 20% of its workers, impacting 1,600 workers in its adtech enterprise. Yahoo is the mum or dad firm to Information World.
Introduced February 9 that it’s lowering its headcount by 7%. The spherical of redundancies will affect round 114 individuals, although that particular determine relies on its precise headcount as of February 9.
Introduced on February 8 that it’s lowering its workers by 19%, or about 500 workers, and shutting down its crypto unit.
Introduced the lower of 15% of its workers, or 1,300 individuals on February 7.
VinFast has not shared what number of workers have been lower, however a LinkedIn post from a former worker mentioned “practically 35 roles” had been affected. Introduced on February 6.
Introduced February 6, impacting 6,650 individuals, or 5% of worldwide workforce.
Introduced February 2, 10% of workers — about 42 workers.
Introduced February 2, 150 workers impacted. That is the second job-cutting transfer inside weeks of the primary spherical in December 2022.
Introduced on February 1, chopping 6% of its workforce for the second time in lower than a yr.
SoFi Applied sciences
Introduced on January 31, chopping 65 jobs, or about 5% of its 1,300-person workforce. First reported by The Wall Road Journal.
Introduced on January 31, impacting 8% of its workers — about 960 individuals.
Impacting one other 500 workers introduced on January 31. The corporate mentioned this new set of layoffs shall be unfold throughout the primary two quarters of 2023.
Reportedly affecting 20% of its workers, over 100 workers, Bloomberg reported first.
Introduced on January 30, about 2,000 full-time workers, or 7% of its workforce, had been affected.
Introduced on January 30, with a newly appointed CEO, slashing 50% of its workforce — 800 workers globally.
The self-driving expertise unit below Alphabet quietly laid off staff on January 24, based on The Information and a number of other posts on LinkedIn and Blind. It’s not but clear what number of of Waymo’s workers shall be affected.
Introduced on January 23, impacting round 6% of its international workforce — round 600 workers.
Google’s mum or dad firm introduced shedding 6% of its international workforce on January 21, equating to 12,000 workers. These cuts affect divisions akin to Space 120, the Google in-house incubator and Alphabet’s robotics division, Intrinsic.
The leisure firm introduced an unspecified variety of workers impacted throughout a number of properties on January 20. In response to a report by Variety, the corporate employs round 500 individuals, and the layoffs have affected roughly 10% of its workers throughout totally different websites.
Introduced plans to put off 380 jobs on January 20 and shut down its meat market.
Introduced on January 18, 10% of its international workforce, about 450 individuals had been let go.
As introduced on January 18, 10,000 workers shall be impacted.
Laid off 70% of its workforce on January 18.
Introduced on January 17, impacting 30% of workers throughout all groups.
Introduced on January 15, ShareChat laid off 20% of its workforce — or over 400 workers — only a month after eliminating greater than 100 roles.
Introduced on January 12 a 40% discount of its U.S. and China workforce, or round 120 individuals.
Alphabet’s robotic software program agency, Intrinsic, is shedding 40 workers Information World confirmed on January 12. Amounting to round 20% of the headcount.
The fintech startup providing debit playing cards to youngsters laid off 104 workers on January 12, or over 21% of its whole headcount of 485 workers.
Studying navigation platform Profession Karma laid off one other 22 individuals on January 12 throughout its international and home workforce.
Introduced on January 12 plans to put off about 10% of its administration workers on January 20.
Reported on January 11 that it’s going to lay off 7% of it’s workforce, or 450 staffers globally.
Introduced on January 11, the fairness administration platform lower 10% of its workers. Judging by LinkedIn knowledge, the layoff might have impacted round 200 workers.
Impacting 33 workers members on January 11.
To chop 950 jobs, or about 20% of its workforce, and shut down “a number of” initiatives, introduced on January 10. That is the second spherical of main layoffs on the crypto change, which eradicated 18% of its workforce, or practically 1,100 jobs final June.
The NFT market is chopping 30% of its workers, introduced on January 6.
Introduced on January 5, eliminating greater than 18,000 roles. This announcement extends a beforehand introduced spherical of layoffs in November of 2022. On January 19, the corporate introduced it could finish AmazonSmile.
Introduced on January 4 that it’s chopping 10% of its workforce, impacting greater than 7,000 workers. A month later, some Salesforce workers had simply came upon they had been additionally part of the ten% layoff announcement.
Introduced on January 4, cutting 11% of its workforce.
Editor’s observe: Natasha Mascarenhas has contributed to this compilation.