There have been a lot of layoffs in tech in 2023. Major layoffs at Google, Amazon, and Microsoft, as well as smaller fintech startups and apps, are in the spotlight.
The tech industry’s ongoing reckoning from last year continues in 2023, resulting in tens of thousands of tech workers losing their jobs. This time, major tech giants such as Google, Amazon, Microsoft, Yahoo, Meta, and Zoom have been responsible for these workforce reductions. Additionally, startups in various sectors, including crypto and enterprise SaaS, have also announced job cuts.
Tech Layoffs in 2023
These workforce reductions share a common explanation, pointing to the macroeconomic conditions and the necessity to maintain discipline amid a challenging journey towards profitability. Monitoring these layoffs aids in grasping their influence on innovation, identifying companies under significant pressures, and identifying available talent for businesses fortunate enough to be expanding. Regrettably, it also underscores the human toll of layoffs and how risk profiles might evolve moving forward.
Here’s a complete list of tech layoffs that have taken place in 2023, and we’ll update it monthly. If you have information about a layoff, you can reach out to us using this contact link. If you wish to stay anonymous, you can contact us here.
A Complete List of Tech Layoffs in 2023
So far this year, there have been 224,503 layoffs in tech, as reported by Layoffs.fyi. This figure surpasses the total number of tech layoffs in 2022, based on the data in the tracker.
- January: 89,554 employees laid off
- February: 40,021 employees laid off
- March: 37,823 employees laid off
- April: 20,014 employees laid off
- May: 14,928 employees laid off
- June: 10,958 employees laid off
- July: 10,589 employees laid off
- August: 9,545 employees laid off
October 2023 Updates
Bird
After acquiring Spin, the company’s interim CEO, Michael Washinushi, sent an email announcing a new round of layoffs. These layoffs occurred one week after the company’s delisting from the New York Stock Exchange, and the exact number of job cuts remains undisclosed.
Qualtrics
On October 4, Qualtrics announced the elimination of 780 roles, along with plans for “several hundred” roles to change or relocate in 2024.
Hopper
The company made an announcement on October 3 that it is reducing its full-time staff by 30%, resulting in 250 job cuts.
Chainalysis
On October 2, the company announced layoffs affecting around 15% of its workforce, which amounts to approximately 150 employees.
September 2023
IronNet
In a regulatory filing released on September 29, the cybersecurity startup disclosed the cessation of all business operations as it readies for Chapter 7 bankruptcy. Additionally, the company has laid off its remaining staff.
Naughty Dog
According to two sources familiar with the situation who spoke to Kotaku, the company is reducing its contract developer count by at least 25.
Epic Games
On September 28, the maker of Fortnite, Epic Games, announced the layoff of 870 employees, which constitutes 16% of its workforce.
Talkdesk
An employee affected by the situation confirmed on September 27 that Talkdesk initiated its third round of layoffs in less than 14 months, impacting at least 140 people, if not more.
Byju’s
On September 26, the company announced its intention to reduce its workforce by 5,000 jobs as part of restructuring efforts. Over the past two years, the startup has already removed more than 10,000 positions.
Roblox
Confirmed to TechCrunch on September 21, Roblox carried out layoffs affecting 30 employees within its talent acquisition organization, with no impact on other teams.
Divvy Homes
On September 11, the company made an announcement about laying off 94 employees.
Sensor Tower
On September 8, the company revealed that it had laid off about 40 individuals out of its workforce, which consists of over 270 employees, including C-suite executives.
Roku
On September 6, Roku announced its intentions to reduce its workforce by approximately 10%, which amounts to over 300 employees.
