Tech giants as well as many startups have once again been forced to make job cuts in 2023. According to Layoffs.fyi, the total number of tech layoffs so far this year is 168,243, surpassing the total number of layoffs for 2022.
While the layoffs are largely attributed to the macroeconomic environment and a need to find discipline on the road to profitability, their impact on innovation, the pressures being faced by companies, and the human cost of layoffs must also be considered.
Major companies that have announced layoffs from January to April 2023:
SoFi Technologies: 65 jobs or 5% of its workforce.
NetApp: Impacted 8% of its staff, which is around 960 people.
Groupon: Impacted 500 employees across Q1 and Q2 of 2023.
Impossible Foods: 20% of its staff, which is over 100 employees.
PayPal: 2,000 full-time employees or 7% of its workforce.
Arrival: 50% of its workforce, which is 800 employees globally.
Waymo: Quietly laid off workers on January 24.
Spotify: Impacted around 6% of its global workforce, or around 600 employees
Alphabet: 6% of its global workforce, or 12,000 employees.
Fandom: 10% of its staff across different sites.
Swiggy: 380 employees and shut down its meat marketplace.
Sophos: 10% of its global workforce, or 450 people.
Microsoft: Impacted 10,000 employees.
GoMechanic: 70% of its workforce.
Clearco: Impacted 30% of staff across all teams.
ShareChat: 20% of its workforce, or 400 employees.
SmartNews: Cut its US and China workforce by 40%, around 120 people.
Intrinsic: 40 employees, around 20% of the headcount.
Greenlight: 104 employees, or over 21% of its total headcount.
Career Karma: 22 people across its global and domestic workforce.
DirectTV: Planned to lay off about 10% of its management staff.
Informatica: 7% of its workforce, or 450 staffers globally.
Carta: 10% of its staff, which could have impacted around 200 employees.
Citizen: Impacted 33 staff members.
Coinbase: 950 jobs, or about 20% of its workforce, and shut down “several” projects.
SuperRare: 30% of its staff.
Amazon: Over 18,000 positions.
Salesforce: 10% of its workforce, impacting more than 7,000 employees.
Vimeo: 11% of its workforce.
Twitter: Over 200 employees, including Esther Crawford, Haraldur Thorleifsson, and Leah Culver.
Poshmark: Fewer than 2% of its workforce.
Green Labs: 50% of its workforce.
Chipper Cash: About 100 employees.
Evernote: 129 employees.
Jumia: 20% of its staff, or more than 900 positions.
Convoy: Shutting its Atlanta office and laying off workers.
Sprinklr: 4% of its global workforce of more than 100 employees.
iRobot: 7% of its workforce or roughly 85 employees.
Twilio: 17% of its global workforce, about 1,400 people.
GitHub:10% of its staff, around 300 employees.
Yahoo: 20% of its staff, impacting 1,600 employees.
GitLab: 7% of its workforce, around 114 people.
Affirm: 19% of its staff or about 500 employees, and shutting down its crypto unit.
Zoom: 15% of its staff or 1,300 people.
VinFast: Nearly 35 roles.
Dell: 5% of its worldwide workforce, impacting 6,650 people.
Getaround: 10% of its staff or about 42 employees.
Pinterest: 150 employees impacted.
Rivian: 6% of its workforce for the second time in less than a year.
Netflix: A “handful of layoffs,” including two longtime executives.
Roku: About 200 employees, or 6% of its workforce.
Unacademy: Over 350 roles or 12% of its workforce.
Shift Technologies: 30% of its workforce in Q1 2023.
Lucid: 1,300 employees, or 18% of its workforce, end of Q2 2023.
GitHub: Over 100 employees in the South Asian market, its entire engineering team in India.
Disney: Announced three rounds of layoffs, almost 7,000 employees.
Accenture: Plans to cut 19,000 jobs or 2.5% of its workforce.
Indeed: Plans to lay off 2,200 employees, or 15% of its staff.
Roofstock: 27% of its staff, almost 100 employees.
Twitch: Will lay off 400 employees.
Amazon: 9,000 people are set to lose their jobs.
Livespace: 100 employees, about 2% of the workforce.
Course Hero: 15% of staff or 42 people.
Klaviyo: 140 of its staff across all teams.
Microsoft: 559 workers from its Bellevue and Redmond operations, including an entire team focused on ethical and sustainable AI innovation.
Meta: Will be cutting 10,000 employees, and 5,000 open roles that it had yet to fill.
Y Combinator: Will impact 20% of staff or 17 team members.
Atlassian: Plans to lay off about 500 employees, or 5% of its total workforce.
SiriusXM: 475 employees or 8% of its total workforce.
Alerzo: 15% of its full-time workforce.
Cerebral: Letting go of 15% of its workforce or 285 employees.
Waymo: Letting go of 8%, or 209 employees, of its workforce.
Thoughtworks: Approx. 4% of its global workforce.
Meta: 10,000 jobs.
Redfin: 201 employees.
Apple: Laying off some corporate retail positions.