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Image Credits: Bryce Durbin / TechCrunch
Last year’s technical calculation continues. In the year By 2023, layoffs have put tens of thousands of tech workers out of a job. This time, the workforce cuts were driven by tech names like Google, Amazon, Microsoft, Yahoo and Zoom. Startups have also announced cuts across all sectors, from crypto to enterprise SaaS.
Reasons for these workforce cuts follow a common script citing the macroeconomic environment and the need to find discipline in the way of profitability. Still, tracking job cuts helps us understand the impact on innovation, which companies are facing severe pressures and are now ready to hire for the lucky businesses that are growing. Also, unfortunately, layoffs serve as a reminder of the human impact And how risk profiles might change from here.
Below you’ll find a comprehensive list of all the tech layoffs in 2023, updated monthly. Contact us here if you need advice on redundancy. If you prefer to remain anonymous, you can contact us here.
2023 technology reductions based on total full months to date: 121,205
March 2023
year
On March 30, it announced it would lay off about 200 employees, or 6 percent of its workforce. The company laid off 200 US workers in November.
Academy
On March 30, it announced it was cutting more than 350 roles, or 12 percent of its workforce — four months after cutting nearly 350 roles in November.
Lucid
It announced on March 28 that it is laying off 1,300 employees, or 18% of its workforce, through the end of Q2 2023.
GitHub
It announced on March 28 that it has cut more than 100 jobs in the South Asian market, cutting its entire engineering team in India. A GitHub spokesperson told TechCrunch that the strike is part of a restructuring effort it announced in February to cut 10 percent of its workforce by the end of Q1 2023.
Disney
In an internal memo to employees on March 27, Disney announced that there would be three rounds of layoffs beginning this week. The job cuts will affect about 7,000 workers announced in February.
sales force
On March 24, Bloomberg reported that more layoffs could be on the way at Salesforce, citing Chief Operating Officer Brian Millham as the company added to ongoing job cuts at the CRM leader and technology in general. If the discounts happen, it will reach a 10% discount in January.
Emphasis
On March 23, it announced plans to cut 19,000 jobs, or 2.5% of its workforce.
Indeed
It announced on March 22 that it would lay off 2,200 workers, or 15% of its workforce.
The roof of the roof
On March 22, it announced that it was laying off 27 percent of its workforce, about 100 workers.
Trembling
It announced on March 20 that it would lay off 400 workers.
Amazon
In the year On March 20, another round of massive layoffs was announced, with 9,000 people set to lose their jobs this time. TechCrunch is hearing that around 10% of today’s total comes from AWS. As part of the new round of releases, Amazon is shutting down DPReview.
Live location
The company announced on March 20 that it was laying off at least 100 workers, 2 percent of its workforce.
The hero of the course
It announced on March 16 that it had cut 15% of its workforce, or 42 people.
Clavio
It announced on March 15 that it has laid off 140 employees across all groups.
Microsoft
As part of Microsoft’s latest announcement to lay off 10,000 people, it has laid off an entire team dedicated to leading AI innovation that leads to ethical, responsible and sustainable results. On March 27, Microsoft laid off 559 workers from its Bellevue and Redmond operations.
Meta
CEO Mark Zuckerberg confirmed rumors on March 14 that the company would cut 10,000 people from its workforce and close to 5,000 open positions.
Y Combinator
It announced on March 13 that it would affect 20% of employees, or 17 team members.
Salesforce… continues
Salesforce first announced it was cutting 10% of its workforce in January, but some employees didn’t find out until February. During the week of March 10, more employees are learning that they have been laid off. Salesforce confirmed that these are part of the 10% of layoffs.
Atlasian
Atlassian announced on March 6 that it will lay off about 500 employees, or 5% of its total workforce.
SiriusXM
In the year It was announced on March 6 that the company had laid off 475 employees, or 8% of its total workforce.
larch
The Nigerian B2B e-commerce platform had a headcount of over 2,000 before the first round of layoffs in September 2022. The company confirmed on March 6 that it had laid off 15% of its full-time workforce, leaving about 800 workers at the base.
Cerebral
In the year The company announced on March 1 that it is laying off 15% of its workforce – about 285 employees.
Wamo
Announced on March 1, Alphabet Waymo announced its second round of strikes this year. Combined with the first layoffs in January, the self-driving tech company cut 8%, or 209, of its workforce.
Thinking tasks
In the year It was announced on March 1 that the company was laying off 4% of its global workforce – about 500 employees.
February 2023
In the year Since Mook took over Twitter in October of last year, the company’s headcount has fallen more than 70 percent.
Poshmark
In the year Poshmark announced on Feb. 24 that less than 2% of its workforce was affected by TechCrunch, primarily in the U.S. The company employs more than 800 people.
Green labs
We don’t have exact figures on how many employees Green Labs plans to lay off. Green Labs confirmed to TechCrunch that it is conducting layoffs that could affect at least 50% of its workforce.
Chipper cash
In the year The African cross-border payments platform announced on February 20 that it has made a second round of layoffs 10 weeks after cutting 12.5 percent of its workforce. Chipper Cash has laid off about 100 employees, about a third of its workforce.
Convoy
On February 16, it announced that it would be closing its Atlanta office and laying off employees as part of a restructuring. This is the third time the company has laid off workers in less than a year.
Sprinkler
In the year It announced on February 15 that it would affect 4% of the global workforce – or more than 100 employees.
Robot
In the year On February 13, it announced that it would lay off 7 percent of its workforce, about 85 employees.
Twilio
In the year It announced on February 13 that it would affect 17 percent of its global workforce, or 1,400 people.
GitHub
In the year Announced Feb. 9, 10% of employees will be affected by the end of the company’s fiscal year. Before this announcement, first reported by Fortune, GitHub had about 3,000 employees.
Yahoo!
On February 9, 20% of its workforce, affecting 1,600 employees in its adtech business. Yahoo is the parent company of TechCrunch.
GitLab
On February 9, it announced that it was reducing its headcount by 7 percent. The reshuffle will affect 114 people, although the exact figure is based on a head count from February 9.
prove it
In the year On February 8, it announced that it was cutting its workforce by 19%, or about 500, and closing its crypto division.
Zoom in
It announced it was cutting 15% of its workforce, or 1,300 people, on February 7.
Vinfant
VinFast did not share how many employees were cut, but a LinkedIn post from a former employee said “about 35 roles” were affected. It was announced on February 6.
Del
Announced on February 6, it affected 6,650 people, or 5% of the global workforce.
Eclipse
February 2, 10% of employees announced – about 42 employees.
In the year On February 2, 150 workers were injured. This is the second round of job cuts within weeks of the first round starting in December 2022.
Rivian
In the year Announced on February 1, it was the second cut of 6 percent of its workforce in less than a year.
January 2023
SoFi Technologies
It announced on Jan. 31, cutting 65 jobs, or about 5% of its 1,300-person workforce. It was first reported by The Wall Street Journal.
NetApp
Announced on January 31, it affected 8% of its workforce – about 960 people.
Group
On January 31, it announced that another 500 employees were affected. The company said this new set of discounts will be rolled out in the first two quarters of 2023.
Impossible foods
It is said to affect 20% of its employees, more than 100 employees, Bloomberg first reported.
PayPal
Announced on Jan. 30, about 2,000 full-time employees, or 7 percent of the workforce, were affected.
to come
Announced on January 30, along with a newly appointed CEO, it has cut 50% of its workforce – 800 employees globally.
Wamo
Alphabet’s self-driving technology division quietly laid off employees on Jan. 24, according to The Information and multiple posts on LinkedIn and Blind. It is not yet clear how many Waymo employees will be affected.
Spotify
Announced on Jan. 23, it affects 6 percent of its global workforce — about 600 employees.
Alphabet
Google’s parent company announced on January 21 that it was laying off 6 percent of its global workforce, the equivalent of 12,000 employees. These reduce impact units such as Area 120, Google’s in-house incubator, and Alphabet’s Robotics division, Intrinsic.
Fandom
The entertainment company announced an undisclosed number of layoffs on Jan. 20 that will affect multiple properties. According to Variety, the company employs about 500 people, and the fine affected about 10% of its workforce at various sites.
Swiggy
On January 20, it announced plans to cut 380 jobs and close its meat market.
Sophos
On January 18, 10% of the global workforce, about 450 people, was laid off.
Microsoft
As announced on January 18, 10,000 workers will be affected.
Gomechanik
In January 18, he laid off 70 percent of his workforce.
Clearco
Announced on January 17, it affects 30% of employees across all teams.
ShareChat
ShareChat announced on January 15 that it was laying off 20 percent of its workforce — or more than 400 employees — a month after cutting more than 100 roles.
SmartNews
On January 12, it announced a 40% reduction in its US and Chinese workforce, or about 120 people.
Internal
Alphabet’s robotics software company Intrinsic is laying off 40 employees, TechCrunch confirmed on January 12. That amounts to 20% of its headcount.
Green light
The fintech startup that offers debit cards for kids cut 104 jobs on Jan. 12, or more than 21% of its total workforce of 485.
Career Karma
Learning navigation platform Muya Karma on January 12 laid off another 22 people across its global and domestic workforce.
Live TV
It announced on January 12 that it plans to lay off about 10% of its management staff on January 20.
Informatica
On January 11, it was reported that it would lay off 7 percent of its workforce, or 450 workers worldwide.
Map
Announced on January 11, the equity management platform has cut 10% of its workforce. Judging by LinkedIn data, the layoffs could affect 200 employees.
Citizen
Affecting 33 employees on January 11.
Coinbase
It announced on January 10 that it would cut 950 jobs, or about 20% of its workforce, and close “several” projects. This is the second round of layoffs at the crypto exchange, about 18 percent of its workforce, or about 1,100 employees. Jobs last June.
SuperRare
The NFT marketplace is cutting 30% of its staff, it announced on January 6.
Amazon
It was announced on January 5, eliminating more than 18,000 roles. This announcement extends the previously announced round of layoffs in November 2022. On January 19, the company announced that it was discontinuing AmazonSmile.
sales force
On January 4, it announced that it was cutting 10% of its workforce, affecting more than 7,000 employees. A month later, some Salesforce employees learned they were part of a 10% layoff announcement.
Vimeo
It was announced on January 4, it will reduce 11% of the workforce.
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