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 714 layoffs at tech companies with 212,900 people impacted (2,419 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 29, 2023

5,825

23,057

29,359

21,731

21,425

10,841

24,164

51,160

40,486

108,118

48,160

56,622

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

2,419 people per day

Report a new tech layoff

Electric vehicles

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

View Electric Vehicles layoffs

Yesterday

Mar 28, 2023

1,296 people

18% of company

Netguru

Employee-reported layoffs

Yesterday

Mar 28, 2023

150 people

18.8% of company

Open-source data connector platform

Employee-reported layoffs

Yesterday

Mar 28, 2023

25 people

20% of company

Car marketplace

Employee-reported layoffs

Yesterday

Mar 28, 2023

Managed cloud computing

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

View Cloud + Tech Infrastructure layoffs

3 days ago

Mar 27, 2023

275 people

4% of company

Blue Nile

Blue Nile laying off workers and shutting down Seattle fulfillment center

3 days ago

Mar 27, 2023

119 people

iCad

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

3 days ago

Mar 27, 2023

23 people

28% of company

Better Therapeutics

Prescription digital therapeutics company Better Therapeutics announces layoffs

3 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

6 days ago

Mar 24, 2023

And Digital

Redundancies at And Digital

6 days ago

Mar 24, 2023

240 people

Bank focused on sustainability

Employee-reported layoffs

6 days ago

Mar 24, 2023

170 people

Takeoff Technologies

Layoffs at Takeoff Technologies

6 days ago

Mar 24, 2023

80 people

Precision medicine

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

6 days ago

Mar 24, 2023

10 people

25% of company

Online travel

‘Silent’ layoffs at Traveloka following COO’s departure

6 days ago

Mar 24, 2023

IT services and consulting

Accenture to Cut 19,000 Jobs as IT Spending Slows

7 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

7 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

7 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

7 days ago

Mar 23, 2023

300 people

Backup, disaster recovery, and data management

Veeam lays off 200 staff

7 days ago

Mar 23, 2023

200 people

Slite

Layoffs at Slite

7 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'

7 days ago

Mar 23, 2023

Walmart.com

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

7 days ago

Mar 23, 2023

Recruit Hold...

Recruiting and human resource services

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

8 days ago

Mar 22, 2023

2,200 people

15% of company

Company reviews (part of Recruit Holdings)

Layoffs at Glassdoor

8 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

8 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

8 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

8 days ago

Mar 22, 2023

45 people

15% of company

Data backup and recovery tools for SaaS apps

Layoffs at Rewind

8 days ago

Mar 22, 2023

Mental health

Mindstrong sells tech assets to SonderMind, shuts down operations

8 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

9 days ago

Mar 21, 2023

1,700 people

Semiconductors

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

9 days ago

Mar 21, 2023

320 people

4% of company

Human capital data and insights

Irish tech unicorn Workhuman to lay off 10pc of staff

9 days ago

Mar 21, 2023

130 people

10% of company

Travel booking (Expedia, Orbitz, Travelocity, Vrbo, etc)

Expedia Group lays off workers as part of ‘strategic actions’

View Tech Marketplaces layoffs

9 days ago

Mar 21, 2023

90 people

Accounting software focused on SMBs

FreshBooks lays off 10 percent of staff as company targets profitability

9 days ago

Mar 21, 2023

80 people

10% of company

Xing

Layoffs at Xing

9 days ago

Mar 21, 2023

68 people

GAMURS Group

Wave of layoffs hits Dot Esports parent company GAMURS Group

9 days ago

Mar 21, 2023

50 people

Food ordering using QR codes

Another 40 staff to go at Mr Yum as Australian startup readjusts to market downturn

9 days ago

Mar 21, 2023

40 people

17% of company

Real-time vehicle data

Wejo - Plan To Reduce Company's Workforce By Approximately 40 Employees

9 days ago

Mar 21, 2023

40 people

16% of company

In-app chat and communication

Employee-reported layoffs

9 days ago

Mar 21, 2023

13 people

Laybuy

Laybuy to lay off a further 10% of staff as it struggles in a 'softening retail market'

View FinTech layoffs

9 days ago

Mar 21, 2023

10 people

10% of company

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

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

10 days ago

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

10 days ago

Mar 20, 2023

Shopping rewards app

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

10 days ago

Mar 20, 2023

100 people

Upward Farms

Venture-backed indoor farm goes fallow in Williamsburg

10 days ago

Mar 20, 2023

78 people

Digital wealth management service

Sequoia-backed Smallcase lays off 4% employees

10 days ago

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

10 days ago

Mar 20, 2023

Game developer

Huuuge To Lay Off About 10% Of Group's Employees By End Of April

10 days ago

Mar 20, 2023

60 people

10% of company

Home interiors marketplace

Home Decor Unicorn LivSpace Lays Off 100 Employees

11 days ago

Mar 19, 2023

100 people

Wipro

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

13 days ago

Mar 17, 2023

120 people

Customer engagement software

Freshworks Sacks Again To Strengthen Organisational & Operational Efficiencies

13 days ago

Mar 17, 2023

90 people

2% 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