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 668 layoffs at tech companies with 184,850 people impacted (2,311 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 March 21, 2023

5,825

23,057

29,359

21,731

21,425

10,841

24,164

51,160

40,486

108,080

48,160

28,610

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

2023

FEB

MAR

source: trueup.io/layoffs

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.

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2023 Tech Layoff Rate

2,311 people per day

Report a new tech layoff

E-commerce (Amazon.com) and cloud computing (AWS)

Amazon to lay off 9,000 more workers in addition to earlier cuts

Yesterday

Mar 20, 2023

9,000 people

E-commerce (Amazon.com) and cloud computing (AWS)

Twitch cuts 400 jobs as part of Amazon’s latest layoffs

View Game Tech layoffs

Yesterday

Mar 20, 2023

Shopping rewards app

Tech firm with Birmingham office cuts 100 employees, including some locally

Yesterday

Mar 20, 2023

100 people

Upward Farms

Venture-backed indoor farm goes fallow in Williamsburg

Yesterday

Mar 20, 2023

78 people

Digital wealth management service

Sequoia-backed Smallcase lays off 4% employees

Yesterday

Mar 20, 2023

12 people

4% of company

Healthcare IT (acquired by Oracle)

Oracle Cerner reportedly starts another round of layoffs

View Digital Health layoffs

Yesterday

Mar 20, 2023

Home interiors marketplace

Home Decor Unicorn LivSpace Lays Off 100 Employees

2 days ago

Mar 19, 2023

100 people

Wipro

Wipro Layoffs Hit 120 Workers in Florida Due to Lack of Work

4 days ago

Mar 17, 2023

120 people

Customer engagement software

Freshworks Sacks Again To Strengthen Organisational & Operational Efficiencies

4 days ago

Mar 17, 2023

90 people

2% of company

Cannabis marketplace

Marijuana tech firm Leafly lays off 40 workers as annual revenue rises 10%

4 days ago

Mar 17, 2023

40 people

OnePipe

OnePipe lays off employees as leadership team takes salary cuts

4 days ago

Mar 17, 2023

10 people

20% of company

Team17

Layoffs Reported At Team17

4 days ago

Mar 17, 2023

Candor

Mortgage AI firm Candor conducts layoffs

View Real Estate + Construction Tech layoffs

4 days ago

Mar 17, 2023

Coherent

Coherent cuts more than 100 Bay Area jobs as tech layoffs worsen

5 days ago

Mar 16, 2023

108 people

Runtastic

Runtastic cuts 70 of 250 jobs in Austria

5 days ago

Mar 16, 2023

70 people

28% of company

Online learning platform

Course Hero, once an edtech unicorn valued at $3.6B, conducts layoffs

View EdTech layoffs

5 days ago

Mar 16, 2023

42 people

15% of company

Employee recognition and rewards

Boulder software startup cuts 30% of staff days after $19M raise

5 days ago

Mar 16, 2023

30 people

30% of company

Satellite launch service

Virgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks funding

View Space Tech layoffs

6 days ago

Mar 15, 2023

Email marketing platform

Klaviyo conducts companywide layoffs

View e-Commerce layoffs

6 days ago

Mar 15, 2023

140 people

10% of company

Dukaan

Lightspeed-Backed Dukaan Lays Off 30% Workforce

6 days ago

Mar 15, 2023

56 people

30% of company

Bulk-sized wholesale retail

E-commerce firm Boxed.com to shed 25% of staff as it looks for a buyer

6 days ago

Mar 15, 2023

32 people

25% of company

Fleet automation

Employee-reported layoffs

6 days ago

Mar 15, 2023

25 people

Tools for websites to manage marketing and revenue

Employee-reported layoffs

6 days ago

Mar 15, 2023

Home equity loans

Hometap cuts jobs in sales and operations, citing 'temporary set of circumstances'

6 days ago

Mar 15, 2023

Social networking (Facebook, Instagram, WhatsApp)

Facebook Parent Meta Plans 10,000 Job Cuts in New Round of Layoffs

View Consumer Social layoffs

7 days ago

Mar 14, 2023

10,000 people

Shopping rewards app

SoftBank-Backed Fetch Rewards Cuts Staff Amid Shopping Slowdown

7 days ago

Mar 14, 2023

100 people

10% of company

Digital asset vault

Anchorage Digital Layoffs Follow Bear Market, NFT Trends

View Crypto / Web3 layoffs

7 days ago

Mar 14, 2023

75 people

20% of company

Autonomous cleaning robots

‘Very difficult decision’: Kitchener robotics firm Avidbots confirms layoffs

7 days ago

Mar 14, 2023

50 people

14% of company

TradeWindow

NZX-listed TradeWindow to lay off up to one-third of staff

7 days ago

Mar 14, 2023

35 people

33% of company

Media and entertainment in S. Korea

Kakao to close Tapas Entertainment Korean office next month as part of a restructuring

View Digital Media layoffs

7 days ago

Mar 14, 2023

20 people

Kaleidoscope

Minneapolis fintech startup Kaleidoscope lays off 30% of workforce

View FinTech layoffs

7 days ago

Mar 14, 2023

15 people

30% of company

Startup accelerator

Y Combinator cuts nearly 20% of staff, scales back growth stage investments

8 days ago

Mar 13, 2023

17 people

16% of company

Bank for tech companies

Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis

View FinTech layoffs

11 days ago

Mar 10, 2023

Merger between GoJek and Tokopedia

GoTo to shed 600 workers to focus on core operations

View On-Demand Economy layoffs

11 days ago

Mar 10, 2023

600 people

Gamesloft

Gameloft has shut down its Budapest office to shift focus on console and PC titles

View Game Tech layoffs

11 days ago

Mar 10, 2023

100 people

Cookpad

Cookpad cuts 80 people overseas

11 days ago

Mar 10, 2023

80 people

Document creation software

Employee-reported layoffs

11 days ago

Mar 10, 2023

34 people

10% of company

Synthesis Digital

Synthesis Institute Confirms Bankruptcy After Students Are Locked Out of Curriculum

11 days ago

Mar 10, 2023

100% of company

Community for founders

Launch House pausing operations

11 days ago

Mar 10, 2023

SimpleHealth

Employee-reported layoffs

11 days ago

Mar 10, 2023

Business SaaS

The long goodbye at Salesforce continues with more layoffs reported today

View B2B SaaS layoffs

11 days ago

Mar 10, 2023

e-commerce marketplace (owned by Sea Group)

Layoff spree continues at Sea Group's Shopee

View e-Commerce layoffs

12 days ago

Mar 9, 2023

200 people

Digital convenience retailer

Gopuff Fires Over 100 in 2% Cut to Workforce, Extending Retreat

View On-Demand Economy layoffs

12 days ago

Mar 9, 2023

100 people

2% of company

Semiconductors

Chip equipment maker KLA is cutting more than 70 employees

View Semiconductors layoffs

12 days ago

Mar 9, 2023

72 people

Wave Financial

Fintech Wave Financial lays off 50 employees

View FinTech layoffs

12 days ago

Mar 9, 2023

50 people

Toucan

Toucan to shut down

View EdTech layoffs

12 days ago

Mar 9, 2023

50 people

100% of company

Neoleukin

Shares of Neoleukin Therapeutics spike after announcing layoffs and potential sale or merger

12 days ago

Mar 9, 2023

32 people

70% of company

Medical care for pediatric autism

Startup Elemy Is Ditching Autism Care for Health Software

12 days ago

Mar 9, 2023

Electronics conglomerate

Samsung Electronics Lays Off 3% of Employees at US Semiconductor Subsidiary

12 days ago

Mar 9, 2023

Optum

Employee-reported layoffs

12 days ago

Mar 9, 2023

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