A comprehensive list of 2023 tech layoffs

Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass workforce reductions were driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups across many sectors also announced cutbacks through the first half of the year. And while tech layoffs slowed down in the summer and fall, it appears that cuts are ramping up yet again.

Many economists have cautioned against fears of a recession, which would seem like a reason for optimism. But the momentum for a tech sector rebound has been slow to build, resulting in tech companies continuing to cut back on their workforces and pivot from a growth mindset to one based on efficiency in the face of stubborn market conditions.

But tracking these layoffs helps us to understand the impact on innovation, which companies are facing tough pressures and who is available to hire for the businesses lucky to be growing right now. Unfortunately, it also serves as a reminder of the deeply human impact of layoffs and how risk profiles could evolve from here

Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2023, to be updated monthly. If you have a tip on a layoff, contact us here. If you prefer to remain anonymous, you can contact us here.

The running total of layoffs for 2023 based on full months to date is 224,503, according to Layoffs.fyi. Tech layoffs conducted to date this year currently exceed the total number of tech layoffs in 2022, according to the data in the tracker.

  • January: 89,554 employees laid off — see all January 2023 Tech Layoffs
  • February: 40,021 employees laid off — see all February 2023 Tech Layoffs
  • March: 37,823 employees laid off — see all March 2023 Tech Layoffs
  • April: 20,014 employees laid off — see all April 2023 Tech Layoffs
  • May: 14,928 employees laid off — see all May 2023 Tech Layoffs
  • June: 10,958 employees laid off — see all June 2023 Tech Layoffs
  • July: 10,589 employees laid off — see all July 2023 Tech Layoffs
  • August: 9,545 employees laid off — see all August 2023 Tech Layoffs
  • September: 4,632 employees laid off — see all September 2023 Tech Layoffs
  • October: 7,331 employees laid off — see all October 2023 Tech Layoffs
  • November: 6,956 employees laid off — see all November 2023 Tech Layoffs
Data visualization by Miranda Halpern, created with Flourish

December 2023

Cruise

In an announcement obtained exclusively by Tecno, the embattled self-driving car company is cutting 900 employees, or 24% of its workforce, per a December 14 email from new president and CTO Mo Elshenawy.

Etsy

Is laying off 11% of its workforce. In a letter to employees December 13, CEO Josh Silverman cited a “very challenging macro and competitive environment.”

Chipper Cash

Has reportedly laid off 15 people across various departments. It would be the fintech unicorn’s fourth round of layoffs this year.

SmileDirectClub

Has shut down three months after filing for Chapter 11 bankruptcy, citing $900 million of debt. 

Sunfolding

Is reportedly winding down its operations. On its website, Y Combinator categorizes Sunfolding as an “inactive” company.

Zulily

Will lay off more than 500 employees after closing fulfillment centers in Ohio and Nevada in February 2024.

D2iQ

Is shutting down its operations and selling its assets to Nutanix.

Atmosphere

Has reportedly eliminated a large part of its workforce. The business-focused streaming TV service raised $100 million in 2022.

Tidal

Is laying off more than 10% of its staff, the company confirmed to Tecno December 7. 

ZestMoney

Is shutting down operations. The Goldman Sachs-backed “buy now, pay later” startup was once valued at $450 million. 

Navan

Is cutting about 145 roles as the travel startup previously known as TripActions plans to become public.

Incredibuild

Is laying off 20% of its workforce. The software development startup previously raised $35 million in a Series B funding in 2022.

Bill

Will cut around 15% of its workforce, the company announced December 5, and close its Sydney office to increase profitability.

CourseHero

Announced December 5 it eliminated 23 employees across engineering, operations and development. 

Pivo

Shut down operations December 5. The Nigerian fintech startup previously raised $2 million in a seed round.

Twilio

Announced hundreds of job cuts December 4, amounting to 5% of the company’s workforce.

Spotify

Is eliminating about 1,500 jobs, the company announced December 4. This marks Spotify’s third round of layoffs this year.

Bending Spoons

Has laid off the entire staff of Filmic, the team behind popular video and photo-editing apps that Bending Spoons acquired in July.

November 2023

Zepz

Cut 30 roles November 30 after the fintech unicorn eliminated 26% of its workforce earlier this year. 

Domo

Made reductions to 7% of staff, in addition to reductions in its contract workforce, CEO Joshua G. James announced in the company’s Q3 earnings call November 30.

Mojo

Is laying off 20% of its staff, the company announced to staff November 30. The A-Rod and Marc Lore-founded sports betting startup previously raised $100 million.

Loco

Is cutting its workforce by about 36%, co-founders Anirudh Pandita and Ashwin Suresh announced at a November 30 town hall.

Unity

Is laying off 265 workers November 29 after eliminating its Wētā Digital division, which it acquired in 2021.

Tier Mobility

Is cutting roughly 22% of its staff, CEO and co-founder Lawrence Leuschner announced November 28.

Dataminr

Is laying off about 20% of its staff starting November 28, citing “the recent rapid advancements of our AI platform,” according to a memo from founder and CEO Ted Bailey.

Multiverse

Will lay off nearly a third of their U.S. staff. It’s the second round of layoffs at the U.K.-based unicorn company in just over a month.

ONE

Is cutting its workforce by around 25% November 27, citing “market conditions” affecting the EV battery startup.

ByteDance

Started mass layoffs November 27 in its gaming department, Nuverse, after two years of tepid performance. The number of affected employees is unknown.

Veev

Is closing up shop, according to multiple reports, after reaching unicorn status in 2022.

Tulip

Laid off 25 employees, CEO Ali Asaria announced November 24.

Anar

Is shutting down operations and returning capital to investors, CEO Nishank Jain announced November 23.

Alerzo

Cut 100 workers November 21, reportedly due to increases in automation. The recent layoffs come after Alzero cut 15% of its workforce earlier this year and 5% in 2022.

C3.ai

Reportedly cut jobs across departments November 20, citing a need to reduce costs. People familiar with the matter told Bloomberg that several impacted employees received just one month of severance.

Jodo

Reportedly cut around 100 roles across engineering, customer success, data and sales November 20.

Amazon

Is reportedly laying off “several hundred” employees in their Alexa division and its freshly launched Artificial General Intelligence team.

FreshBooks

Laid off 6% of their workforce November 17 as the company shuts down operations in Raleigh, North Carolina. President Mark Girvan and CEO Don Epperson are also leaving the company.

Beamery 

Is reportedly cutting 25% of its workforce amid a larger restructuring and cost-cutting effort.

Paystack

Laid off 33 employees in Europe and Dubai November 16 as the company cuts down on operations outside of Africa.

Sega

Is reportedly planning to “phase out” 80 temporary workers by 2024. The company is now facing an unfair labor practice complaint, with workers alleging the layoffs are retaliation for unionizing.

Chewy

Laid off more than 200 employees November 14. The cuts impact roles in HR, recruiting, data, business intelligence, plus directors and higher managers.

Amazon

Is cutting “just over 180” roles in its gaming division, VP Christoph Hartmann wrote in an email to employees November 13.

Carta

Is reportedly cutting more of its workforce. The number of positions affected are unknown, but it would be the unicorn startup’s third layoff round this year.

Pico

Is cutting a “few hundred” roles, a person familiar with the matter told Tecno November 9. ByteDance’s Oculus challenger held an internal meeting announcing it is halting its expansion this week.

Cruise

Started laying off contingent workers who supported driverless operations November 9. Those layoffs came after the company recalled 950 robotaxis and lost key commercial permits to operate in California.

Snap

Laid off fewer than 20 project managers November 8. CNBC reported that Snap’s vice president of engineering, ​​Nima Khajehnouri, will also be leaving.

Amazon

Started cutting workers in its music streaming division in Latin America, North America and Europe, the company confirmed November 8.

Google

Confirmed November 8 it eliminated “a small number of roles” in its consumer support staff, Google Users & Products.

Virgin Galactic

Said in a memo to staff November 8 it is cutting costs and reducing staff. The number of employees impacted is currently unknown.

Ubisoft Montreal

Confirmed November 7 it will cut 98 roles in business administration and IT. Ubisoft said 124 positions will be eliminated overall across Canada, including reductions in its global IT team and its VFX studio, Hybride.

Nextdoor

Revealed in its Q3 earnings that it is reducing its workforce by 25%.

Beyond Meat

Announced cuts November 6 affecting around 19% of its non-production employees. The plant-based meat company says it will also review its entire global operations for cost-cutting opportunities. 

Ava Labs

Is cutting 12% of its workforce, CEO Emin Gün Sirer confirmed November 6.

OpenSea

Laid off about 50% of its staff, the company confirmed November 3. CEO Devin Finzer posted a statement on X saying the NFT marketplace is now focused on “OpenSea 2.0.”

Starz

Is laying off more than 10% of its staff ahead of the company spinning out from Lionsgate, CEO Jeffrey Hirsch announced November 3. The network and streaming app will also exit Australia and the U.K.

Faire 

Laid off about 250 people November 3 as part of restructuring. The wholesale marketplace raised a $416 million extension at a $12.6 billion valuation last year.

Niu

Confirmed to Tecno November 3 that it is issuing a round of layoffs affecting about 10% of their workforce, citing “fierce competition.”

100 Thieves

Is reducing its workforce by 20%, CEO John Robinson announced November 2. The esports brand is spinning out its game studio as well as its energy drink brand, Juvee.

OpenSpace

Conducted a round of layoffs, CEO Jeevan Kalanithi announced November 2. The number of employees impacted by the layoffs has yet to be reported.

Informatica

Is laying off 10% of its global workforce, the cloud data management company announced in its Q3 results November 1.

Splunk

Is set to cut around 500 employees CEO Gary Steele said in a message to employees November 1 ahead of its planned acquisition by Cisco.

October 2023

Bungie

Is laying off about 100 employees, CEO Pete Parsons announced 10/30. The Sony-owned game studio is also delaying two of its upcoming titles as a result.

Karat

Reportedly cut an estimated 10% of its workforce October 27 after the financial startup for creators raised a $70 million Series B round earlier this year.

Hippo

Plans to eliminate 120 roles, the company said in an SEC filing October 30.

Liberty Mutual

Plans to cut 850 members of its staff, the insurance company confirmed October 27.

Salsify

Cut 110 jobs and are moving some roles abroad, CEO and co-founder Jason Purcell announced October 25.

Slync

Is shutting down, months after its former CEO Chris Kirchner was arrested on fraud charges and sued the company to pay for his legal bills.

Shipt

Announced October 24 in a company…

Continuar leyendo: A comprehensive list of 2023 tech layoffs

Salir de la versión móvil