2022-23 Tech Downturn Tracker

# of Open Tech Jobs

Tech Stock Declines

Big Tech Hiring Update

Tech Layoff Tracker

Stay up-to-date on the latest layoffs across big tech, tech unicorns, and startups. So far in 2023, there have been 733 layoffs at tech companies with 217,158 people impacted (2,360 people per day). In 2022, there were 1,535 layoffs at tech companies w/ 241,176 people impacted.

What is a tech company?

# of Tech Employees Let Go

# of Tech Layoffs

Layoffs by Tech Sector

Company Layoff Timelines

Severance Tracker

# of Tech Employees Let Go

as of April 2, 2023

23,057

29,359

21,731

21,425

10,841

24,164

51,160

40,486

108,118

48,160

60,880

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

2023

FEB

MAR

APR

source: trueup.io/layoffs

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2023 Tech Layoff Rate

2,360 people per day

Report a new tech layoff

Crypto research and analysis

The Block lays off a third of staffers amid leadership shakeup

2 days ago

Mar 31, 2023

33 people

27.5% of company

Satellite launch service

Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce

3 days ago

Mar 30, 2023

675 people

85% of company

Online education technology

Unacademy sacks another 380 employees in fourth round of layoff in 12 months

3 days ago

Mar 30, 2023

380 people

12% of company

Streaming devices

Streaming device maker Roku to cut 200 jobs in second round of layoffs

3 days ago

Mar 30, 2023

200 people

6% of company

Streaming video service (owned by Disney and Comcast)

Hulu Layoffs Exceed 90% in Beijing

3 days ago

Mar 30, 2023

180 people

UX research agency

Layoffs at AnswerLab

3 days ago

Mar 30, 2023

53 people

17% of company

Infrastructure for cryptocurrencies

MoonPay has dismissed dozens of staff, while denying those cuts are layoffs

3 days ago

Mar 30, 2023

40 people

Buy now, pay later

ZestMoney looking to lay off employees after deal with PhonePe fails

3 days ago

Mar 30, 2023

Health insurance authorization (part of McKesson)

Columbus-based CoverMyMeds to cut more than 800 jobs, close Arizona office

4 days ago

Mar 29, 2023

815 people

Electronic Arts

Gaming

Electronic Arts Says It Is Laying Off 6% of Workforce

4 days ago

Mar 29, 2023

780 people

6% of company

Data storage

Seagate unveils further round of layoffs, citing economic uncertainty

4 days ago

Mar 29, 2023

480 people

Peer-to-peer used car marketplace

Online used-car marketplace Shift cuts workforce 30% following CarLotz merger

4 days ago

Mar 29, 2023

165 people

30% of company

Ridesharing and food delivery

Uber-owned Drizly Employees Affected by ‘Layoff Tidal Wave’

4 days ago

Mar 29, 2023

100 people

Online lending marketplace

LendingTree to Cut About 13% of Workforce

4 days ago

Mar 29, 2023

163 people

13% of company

Fantasy esports

Sequoia-Backed FanClash Fires 75% Workforce Within A Year Of Raising $40 Mn

4 days ago

Mar 29, 2023

100 people

75% of company

Anyline

AI startup cuts 25 percent of the workforce

4 days ago

Mar 29, 2023

48 people

25% of company

Lidar sensors for autonomous vehicles

Layoffs at AEye

4 days ago

Mar 29, 2023

46 people

33% of company

Kyndryl

IBM Spinoff Kyndryl Cuts ‘Small Percentage’ of 90,000 Workforce

4 days ago

Mar 29, 2023

Electric vehicles

EV startup Lucid plans to cut about 18% of its workforce

View Electric Vehicles layoffs

5 days ago

Mar 28, 2023

1,296 people

18% of company

Netguru

Employee-reported layoffs

5 days ago

Mar 28, 2023

150 people

18.8% of company

Open-source data connector platform

Employee-reported layoffs

5 days ago

Mar 28, 2023

25 people

20% of company

Car marketplace

Employee-reported layoffs

5 days ago

Mar 28, 2023

Managed cloud computing

San Antonio tech company Rackspace laying off 4% of its workforce

View Cloud + Tech Infrastructure layoffs

6 days ago

Mar 27, 2023

275 people

4% of company

Blue Nile

Blue Nile laying off workers and shutting down Seattle fulfillment center

6 days ago

Mar 27, 2023

119 people

iCad

Mammography AI maker iCad lays off another 28% of workers as losses grow, revenues shrink

6 days ago

Mar 27, 2023

23 people

28% of company

Better Therapeutics

Prescription digital therapeutics company Better Therapeutics announces layoffs

6 days ago

Mar 27, 2023

15 people

35% of company

Business software and infrastructure (Windows, Office, Azure)

Microsoft Is Planning Layoffs in Charlie Bell's Org on Monday

9 days ago

Mar 24, 2023

And Digital

Redundancies at And Digital

9 days ago

Mar 24, 2023

240 people

Bank focused on sustainability

Employee-reported layoffs

9 days ago

Mar 24, 2023

170 people

Takeoff Technologies

Layoffs at Takeoff Technologies

9 days ago

Mar 24, 2023

80 people

Precision medicine

54gene cuts 25% of its already lean workforce amid a fresh change in management

9 days ago

Mar 24, 2023

10 people

25% of company

Online travel

‘Silent’ layoffs at Traveloka following COO’s departure

9 days ago

Mar 24, 2023

The Meet Group

The Meet Group’s founding leaders depart amid staff layoffs and German parent company’s ‘reorganization’

9 days ago

Mar 24, 2023

IT services and consulting

Accenture to Cut 19,000 Jobs as IT Spending Slows

10 days ago

Mar 23, 2023

19,000 people

2.5% of company

NBN Co

NBN Co surfs layoff wave, cutting 500 staff to ‘simplify’ as competition grows

10 days ago

Mar 23, 2023

500 people

Consumer electronics

Logitech Layoffs: Swiss Technology Firm Sacks 300 Employees Amid Challenging Global Macro-Economic Conditions

View Tech Hardware layoffs

10 days ago

Mar 23, 2023

300 people

On-demand grocery delivery

Getir starts mass redundancies, leaving workers ‘crying and angry’

View On-Demand Economy layoffs

10 days ago

Mar 23, 2023

300 people

Backup, disaster recovery, and data management

Veeam lays off 200 staff

10 days ago

Mar 23, 2023

200 people

Slite

Layoffs at Slite

10 days ago

Mar 23, 2023

10 people

25% of company

Influencer marketing

Influencer-marketing platform Grin lays off staffers across marketing, engineering, and more teams: 'Unfair and unexpected'

10 days ago

Mar 23, 2023

Walmart.com

Walmart laying off hundreds of US workers at five e-commerce fulfillment centers

10 days ago

Mar 23, 2023

Recruit Hold...

Recruiting and human resource services (owns Indeed, Glassdoor)

Indeed (Owned by Recruit) Lays Off 2,200 People, or 15% of Staff, as Job Postings Drop

11 days ago

Mar 22, 2023

2,200 people

15% of company

Company reviews (part of Recruit Holdings)

Layoffs at Glassdoor

11 days ago

Mar 22, 2023

140 people

15% of company

Marketplace for investing in rental homes

Roofstock, valued at $1.9B last year, cuts 27% of staff in second round of layoffs

11 days ago

Mar 22, 2023

108 people

27% of company

Symend

Symend, one of Calgary's leading tech firms, cuts workforce by 25 per cent

11 days ago

Mar 22, 2023

50 people

25% of company

Crypto custodian

Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement

11 days ago

Mar 22, 2023

45 people

15% of company

Data backup and recovery tools for SaaS apps

Layoffs at Rewind

11 days ago

Mar 22, 2023

Mental health

Mindstrong sells tech assets to SonderMind, shuts down operations

11 days ago

Mar 22, 2023

100% of company

Just Eat Takeaway

Food delivery marketplace

Just Eat to lay off 1,700 drivers as slowdown bites

View On-Demand Economy layoffs

12 days ago

Mar 21, 2023

1,700 people

Semiconductors

Marvell to Cut 4% of Workforce in Response to Chip Slowdown

12 days ago

Mar 21, 2023

320 people

4% of company

Who's Still Hiring

TrueUp scans all 0 open tech jobs at top startups, unicorns, and big tech and sends you weekly updates of the ones most relevant to you.

Start searching now