The macroeconomic environment and the need for discipline on a bumpy road to profitability are frequently the causes of workforce reductions.
The tech industry’s reckoning from last year continues.. Tens of thousands of tech workers lost their jobs in significant layoffs in 2023, but this time, the biggest names in the industry, including Google, Amazon, Microsoft, Yahoo, Meta, and Zoom, were responsible Startups have also announced layoffs in every industry, from enterprise SaaS to cryptocurrency.
The macroeconomic environment and the need for discipline on a bumpy road to profitability are frequently the causes of workforce reductions.
Monitoring the layoffs aids in understanding how they affect innovation, who is available for employment, and the effects they have on people. It also serves as a reminder of the negative effects that layoffs have on people and how risk profiles could change in the future.
A comprehensive list of tech layoffs in 2023, updated monthly. According to Layoffs.fyi, there have been 168,243 layoffs so far in 2023 based on all full months.
Data from the tracker indicates that the number of tech layoffs so far this year, 2023 has surpassed the total number of tech layoffs in 2022.
January: 84,714 employees laid off
February: 36,491 employees laid off
March: 37,109 employees laid off
April: 17,926 employees laid off
May: 14,555 employees laid off
Tech Layoffs June 2023
Ursa Major
The rocket engine startup Ursa Major currently employs 292 people, according to LinkedIn, despite having let go of 14 workers. Ursa Major has not gotten back to TechCrunch.
Spotify
2% reduction in workforce will result from the 200 job cuts, which were announced on June 5. The company recently announced a sizable wave of layoffs, and this comes shortly after that.
Tech Layoffs May 2023
Taxfix
Announced on May 30 that it had laid off 120 employees, or 20% of the workforce.
Meta
May 24 saw the announcement of about 6,000 job losses. Since November, Meta has let go of 21,000 employees altogether.
JioMart
More than 1,000 employees were let go by Reliance Retail’s online shopping platform on May 22, and up to 9,900 more jobs could be eliminated in the near future.
Krebs Stamos Group
May 18: Six employees of the consulting firm were let go. Together with the founders, the company had 18 employees in April. The website only lists 14 team members as of May 18.
TuSimple
TuSimple announced a 30% layoff of employees, leaving the company with 220 employees after the reduction in force. Prior to the layoff, the company had 550 employees.
Nuro
340 employees, or 30%, of the company’s workforce, would be let go, it was announced on May 12.
Released a statement on May 8 announcing that it will phase out its local jobs app in China and cut 716 jobs, or roughly 3.6% of all positions. In addition to eliminating some positions, LinkedIn expects to add about 250 new positions on May 15.
Rapid
Rapid (formerly RapidAPI) has laid off another 70 employees, reducing its headcount by 82% from April to 42 people, down from 230 in April.
Meesho
Announced May 4 that it has cut 15% of its workforce, or 251 roles. This comes after its first round of layoffs, which eliminated 150 roles about a year ago.
Shopify
The company announced that it is laying off 20% of its workforce and selling its logistics business to Flexport for 13% in stock.
Bishop Fox
The company laid off 50 employees, or 13% of its workforce, on May 2.
Neato Robotics
Neato Robotics, a company owned by Vorwerk, announced its closure on May 1; this decision will affect close to 100 workers.
Tech Layoffs April 2023
Clubhouse
Clubhouse has announced that it has laid off more than 50% of staff. A spokesperson declined to comment on the number of people affected or the number of employees remaining. Last October, Davison told TechCrunch that the company had close to 100 employees.
Dropbox
The company announced that it would be laying off 500 employees or 16% of staff.
Amazon
Amazon announced 9,000 employee layoffs in March and January, bringing the total to 27,000 job cuts or 8% of Amazon’s corporate workforce this year. This is part of the 9,000 employee layoffs announced in March and January.
Rapid
Rapid, previously known as RapidAPI, has laid off 50% of its staff, affecting 115 people.
Anthemis Group
The company announced that it will lay off 16 people, or 28% of its staff.
Lyft
Lyft announced on April 21 that employees will be informed of their job status via an email on April 27. The layoffs are expected to affect 26% of the workforce, or 1,072 people.
Meta
The company is expected to lay off 10,000 jobs in the coming months, on top of the 11,000 that were cut in November.
Redfin
The Seattle-based real estate company has laid off 201 employees, 4% of its workforce, for the third time since June.
Apple
On April 3, Bloomberg reported that Apple is eliminating a few positions from its corporate retail teams.
Tech Layoffs March 2023
Netflix
Netflix has announced a “handful” of layoffs, including two longtime executives, and is scheduled to report Q1 2023 results on April 18.
Roku
The company announced that it was laying off 200 employees, or 6% of its workforce, in March, following a similar move in November.
Unacademy
The company announced that it had laid off more than 350 roles, 12% of its workforce, four months after cutting about 350 roles in November.
Shift Technologies
30 percent of the company’s workforce would be let go in the first quarter of 2023, it was announced on March 29.
Lucid
12% of its workforce, or 1,300 employees, will be let go by the end of Q2 2023, the company announced on March 28.
GitHub
GitHub announced on March 28 that it has eliminated over 100 jobs in the South Asian market, including its entire engineering team in India. This is part of a streamlining effort to cut 10% of its workforce by Q1 2023.
Disney
Disney announced three rounds of layoffs, with the first beginning this week, impacting 7,000 employees. The job cuts were announced in February.
Salesforce
On March 24, Bloomberg reported that additional Salesforce layoffs may be forthcoming. Chief Operating Officer Brian Millham was quoted in the article as saying that the company may be adding to the ongoing job cuts at the leading CRM company and in tech generally. If the layoffs take place, they would be in addition to the 10% reduction in January.
Accenture
Declared on March 23 that it would be laying off 19,000 employees, or 2.5% of its workforce.
Indeed
22 March announcement that 2,200 employees, or 15% of its workforce, would be let go.
Roofstock
Published a statement on March 22 announcing the dismissal of about 100 employees, or 27% of its workforce.
Twitch
400 employees will be laid off, it was announced on March 20.
Amazon
Amazon announced 9,000 job losses, 10% of which came from AWS, and shutting down DPReview as part of the new round of layoffs.
Livespace
2% of the company’s workforce, or at least 100 employees, were let go, it was announced on March 20.
Course Hero
Announced March 16 that it has cut 15% of staff, or 42 people.
Klaviyo
Announced March 15 that it has laid off 140 of its staff across all teams.
Microsoft
Microsoft laid off an entire team dedicated to guiding AI innovation towards ethical, responsible and sustainable outcomes, with 559 workers from its Bellevue and Redmond operations.
Meta
The company will be laying off 10,000 employees, and there will also be about 5,000 unfilled positions, according to CEO Mark Zuckerberg, who confirmed the rumors on March 14.
Y Combinator
Announced March 13 that it will impact 20% of staff, or 17 team members.
Salesforce
Salesforce announced in January that it was laying off 10% of its workforce, but some employees didn’t know until February. The week of March 10, more employees are learning they have been laid off.
Atlassian
Announced on March 6, Atlassian is laying off about 500 employees, or 5% of its total workforce.
SiriusXM
Announced on March 6, the company laid off 475 employees, or 8% of its total workforce.
Alerzo
Alerzo, a Nigerian B2B e-commerce platform, has laid off 15% of its full-time workforce, leaving 800 employees at the startup. This follows a first round of layoffs in September 2022.
Cerebral
Announced March 1, the company is letting go 15% of it’s workforce — roughly 285 employees.
Waymo
Waymo has announced a second round of layoffs, resulting in the loss of 8% of its workforce, or 209 employees.
Thoughtworks
Announced on March 1, the company laid off about 4% of its global workforce — approximately 500 employees.
Tech Layoffs February 2023
The company laid off 200 employees, including Esther Crawford, Haraldur Thorleifsson and Leah Culver, due to Musk’s takeover of Twitter in October last year.
Poshmark
As of February 24 and primarily in the United States, less than 2% of Poshmark’s workforce was impacted, the company told TechCrunch. There are over 800 people working for the company.
Green Labs
Green Labs has confirmed to TechCrunch that it is conducting a round of layoffs that could affect at least 50% of its workforce.
Chipper Cash
Chipper Cash announced a second round of layoffs, reducing 12.5% of its workforce to 100 employees, 10 weeks after cutting 12.5%.
Evernote
The company announced the 129 layoffs on February 17.
Jumia
On February 16, the company revealed that in Q4 2022, it would eliminate 20% of its workforce, or more than 900 positions, across its 11 markets.
Convoy
The company announced on February 16 that it is shuttering its Atlanta office and laying off workers as part of restructuring, the third time in less than a year.
Sprinklr
Affected 4% of its global workforce, or more than 100 employees, according to a February 15 announcement.
iRobot
Announced on February 13 that it will lay off 7% of its workforce, roughly 85 employees.
Twilio
Announced on February 13 that it will impact around 17% of its global workforce, about 1,400 people.
GitHub
Announced February 9, 10% of its staff will be impacted through the end of the company’s fiscal year. Before this announcement, which was first reported by Fortune, GitHub had about 3,000 employees.
Yahoo
Yahoo announced a 20% staff reduction, impacting 1,600 employees in its adtech business.
GitLab
The company announced a 7% reduction in its headcount, impacting 114 people, depending on its actual headcount as of February 9.
Affirm
On February 8, the company declared that it was laying off 500 employees, or 19% of its workforce, and closing its cryptocurrency division.
Zoom
Announced the cut of 15% of its staff, or 1,300 people on February 7.
VinFast
VinFast has not disclosed the number of layoffs, but a LinkedIn post by a former worker claimed “nearly 35 roles” were impacted. proclaimed on February 6.
Dell
Announced February 6, impacting 6,650 people, or 5% of worldwide workforce.
Getaround
Announced February 2, 10% of staff — about 42 employees.
150 employees affected, as of February 2 announcement. Within a few weeks of the initial round in December 2022, there have already been two job cuts.
Rivian
Announced on February 1, cutting 6% of its workforce for the second time in less than a year.
Tech Layoffs January 2023
SoFi Technologies
The company announced 65 job cuts, or 5% of its workforce, on January 31.
NetApp
Announced on January 31, impacting 8% of its staff — about 960 people.
Groupon
The company announced 500 new layoffs across the first two quarters of 2023, spread over two quarters.
Impossible Foods
Reportedly affecting 20% of its staff, over 100 employees, Bloomberg reported first.
PayPal
Announced on January 30, about 2,000 full-time employees, or 7% of its workforce, were affected.
Arrival
Announced on January 30, with a newly appointed CEO, slashing 50% of its workforce — 800 employees globally.
Waymo
Alphabet’s self-driving technology unit, Waymo, laid off workers on January 24, but it is unclear how many of its staff will be affected.
Spotify
Announced on January 23, impacting around 6% of its global workforce — around 600 employees.
Alphabet
Google’s parent company announced 6% of its global workforce, resulting in 12,000 employees, in divisions such as Area 120, the Google incubator and Intrinsic.
Fandom
On January 20, the entertainment company disclosed that numerous properties’ employees would likely be impacted in an unspecified number of ways. Around 500 people work for the company, according to a Variety report, and 10% of its staff at various locations have been affected by the layoffs.
Swiggy
Announced plans to lay off 380 jobs on January 20 and shut down its meat marketplace.
Sophos
Announced on January 18, 10% of its global workforce, about 450 people were let go.
Microsoft
As announced on January 18, 10,000 employees will be impacted.
GoMechanic
Laid off 70% of its workforce on January 18.
Clearco
Announced on January 17, impacting 30% of staff across all teams.
ShareChat
ShareChat laid off 20% of its workforce, or over 400 employees, just a month after eliminating more than 100 roles.
SmartNews
Announced on January 12 a 40% reduction of its U.S. and China workforce, or around 120 people.
Intrinsic
Intrinsic, Alphabet’s robot software firm, is laying off 40 employees, resulting in a 20% reduction in headcount.
Greenlight
The fintech startup laid off 104 employees, or 21% of its total headcount, on January 12.
Career Karma
Learning navigation platform Career Karma laid off another 22 people on January 12 across its global and domestic workforce.
DirectTV
Announced on January 12 plans to lay off about 10% of its management staff on January 20.
Informatica
Reported on January 11 that it will lay off 7% of it’s workforce, or 450 staffers globally.
Carta
The equity management platform announced on January 11 that 10% of its staff would be laid off. According to LinkedIn data, 200 employees may have been affected by the layoff.
Citizen
Impacting 33 staff members on January 11.
Coinbase
The crypto exchange announced a second round of major tech layoffs 2023, cutting 950 jobs and shutting down “several” projects. This is the second round of major layoffs since June.
SuperRare
The NFT marketplace is cutting 30% of its staff, announced on January 6.
Amazon
The company announced a round of layoffs on January 5 and January 19, extending a previously announced round of layoffs in November 2022.
Salesforce
A 10% reduction in workforce, affecting more than 7,000 employees, was announced on January 4. Some Salesforce employees had just learned they had been included in the 10% layoff announcement one month later.
Vimeo
A 11% workforce reduction was announced on January 4.