It’s also selling its logistics business to Flexport for roughly 13% in stock. ShopifyĪnnounced May 4 that it is laying off 20% of its workforce, impacting more than 2,000 people. This comes after its first round of layoffs, which eliminated 150 roles about a year ago. MeeshoĪnnounced May 4 that it has cut 15% of its workforce, or 251 roles. Just 42 people remain at the company, down from 230 in April, dropping a total of 82% in headcount. RapidĪnnounced May 5 that Rapid (previously known as RapidAPI) has laid off another 70 employees less than two weeks after letting go of 50% of its staff. Despite reducing some roles, LinkedIn also plans to open about 250 new jobs on May 15. NuroĪnnounced May 12 that it will lay off 30%, or about 340 employees across the company.Īnnounced May 8 that it is cutting 716 jobs, or about 3.6% of total employees, and will phase out its local jobs app in China. and post reduction in force the company will have about 220, according to the company. Prior to the layoff, TuSimple had about 550 employees in the U.S. April: 17,926 employees laid off - see all April 2023 Tech LayoffsĪnnounced May 18 that it is laying off about 30% of employees.
March: 37,109 employees laid off - see all March 2023 Tech Layoffs.February: 36,491 employees laid off - see all February 2023 Tech Layoffs.January: 84,714 employees laid off - see all January 2023 Tech Layoffs.Tech layoffs conducted to date this year currently exceed the total number of tech layoffs in 2022, according to the data in the tracker.
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The running total of layoffs for 2023 based on full months to date is 168,243, according to Layoffs.fyi. If you prefer to remain anonymous, you can contact us here. If you have a tip on a layoff, contact us here. It also, unfortunately, serves as a reminder of the human impact of layoffs and how risk profiles may be changing from here.īelow you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2023, to be updated monthly. Still, tracking the layoffs helps us to understand the impact on innovation, which companies are facing tough pressures and who is available to hire for the businesses lucky to be growing right now. The reasoning behind these workforce reductions follows a common script, citing the macroeconomic environment and a need to find discipline on a tumultuous path to profitability. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS.
In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo and Zoom. Last year’s techwide reckoning continues.
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