The Crunchbase Tech Layoffs Tracker
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The latest on tech layoffs
U.S. tech sector layoffs continue. Tech giants Apple and Hyland Software were just a couple of the companies that announced sweeping layoffs in the past week.
Around 131,000 workers in U.S.-based tech companies (or tech companies with a large U.S. workforce) have been laid off in mass job cuts so far in 2023, according to a Crunchbase News tally. That number includes Hyland Software’s 1,000-person cut and View‘s 170-person workforce cut.
Last year, more than 93,000 jobs were slashed from public and private tech companies in the U.S. as they were forced to confront rising inflation and a tumultuous stock market. The economy has come to reckon with a culture of overzealous hiring and soaring valuations, and startups are now forced to carry themselves through a frosty market as venture funding becomes barren.
Tech companies as big as Google, Salesforce1, Microsoft, Meta and Amazon have slashed jobs in the past year. Qualtrics, Carta and Verily have also cut roles, citing overhiring during periods of rapid growth.
You can find a comprehensive list of U.S. tech layoffs since the start of 2022 in the database above.
— Keerthi Vedantam
Correction: We have updated the article to reflect the actual number of jobs cut in 2022.
Salesforce Ventures is an investor in Crunchbase. They have no say in our editorial process. For more, head here.↩
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The Crunchbase Tech Layoffs Tracker
Share:
The latest on tech layoffs
U.S. tech sector layoffs continue. Tech giants Apple and Hyland Software were just a couple of the companies that announced sweeping layoffs in the past week.
Around 131,000 workers in U.S.-based tech companies (or tech companies with a large U.S. workforce) have been laid off in mass job cuts so far in 2023, according to a Crunchbase News tally. That number includes Hyland Software’s 1,000-person cut and View‘s 170-person workforce cut.
Last year, more than 93,000 jobs were slashed from public and private tech companies in the U.S. as they were forced to confront rising inflation and a tumultuous stock market. The economy has come to reckon with a culture of overzealous hiring and soaring valuations, and startups are now forced to carry themselves through a frosty market as venture funding becomes barren.
Tech companies as big as Google, Salesforce1, Microsoft, Meta and Amazon have slashed jobs in the past year. Qualtrics, Carta and Verily have also cut roles, citing overhiring during periods of rapid growth.
You can find a comprehensive list of U.S. tech layoffs since the start of 2022 in the database above.
— Keerthi Vedantam
Correction: We have updated the article to reflect the actual number of jobs cut in 2022.
Salesforce Ventures is an investor in Crunchbase. They have no say in our editorial process. For more, head here.↩
Read More
Federal Intervention Alleviates Financial Distress in Key Industries