![]() The startup has eliminated more than 10,000 positions in the past two years. Byju’sĪnnounced on September 26, the company plans to cut 5,000 jobs due to restructuring efforts. TalkdeskĪn impacted employee confirmed on September 27 that at least 140 people, if not more, were affected by Talkdesk’s third round of layoffs in less than 14 months. Epic GamesĪnnounced on September 28 that the Fortnite maker is laying off 16% of its workforce, amounting to 870 people. Is reportedly cutting at least 25 contract developers, two sources familiar with the situation told Kotaku. In a regulatory filing published September 29, the cybersecurity startup has ceased all business activities as it prepares for Chapter 7 bankruptcy and has laid off its remaining staff. ChainalysisĪnnounced October 2 that it is laying off around 15% of its workforce, affecting approximately 150 employees. Is reducing its full-time staff by 30%, amounting to 250 job cuts, the company announced October 3. QualtricsĪnnounced on October 4 that 780 roles are being eliminated and that “several hundred” roles are changing or moving locations in 2024. The layoffs came one week after the company was delisted from the New York Stock Exchange, and the exact number remains unknown. ![]() Issued a new round of layoffs after acquiring Spin, according to an email interim CEO Michael Washinushi sent to the company. Earlier in the year, Synapse laid off 18% of its employees after its growth slowed. SynapseĬonfirmed October 6 that it had laid off 86 people, about 40% of the a16z-backed fintech company. Will lay off 558 employees after the personal styling subscription service closes a distribution center in Dallas. Laid off 40 people October 10, including software engineers and program managers, according to The Information. According to a filing with the California Employment Development Department, the semiconductor company plans to make the reductions in December. Is cutting 1,258 jobs in two of its California offices. On October 13 began laying off 20% of its workers, about 600 people, as it prepares for restructuring and continues a cost-cutting campaign that began with rescinding offers and working to lease office space. September: 4,632 employees laid off - see all September 2023 Tech LayoffsĬonfirmed October 16 that it will cut 668 more jobs, bringing the total to nearly 1,400 this year, with the bulk of the most recent cuts impacting those with R&D roles.August: 9,545 employees laid off - see all August 2023 Tech Layoffs.July: 10,589 employees laid off - see all July 2023 Tech Layoffs.June: 10,958 employees laid off - see all June 2023 Tech Layoffs.May: 14,928 employees laid off - see all May 2023 Tech Layoffs.April: 20,014 employees laid off - see all April 2023 Tech Layoffs.March: 37,823 employees laid off - see all March 2023 Tech Layoffs.February: 40,021 employees laid off - see all February 2023 Tech Layoffs.January: 89,554 employees laid off - see all January 2023 Tech Layoffs.Tech layoffs conducted to date this year currently exceed the total number of tech layoffs in 2022, according to the data in the tracker. The running total of layoffs for 2023 based on full months to date is 224,503, according to Layoffs.fyi. If you prefer to remain anonymous, you can contact us here. If you have a tip on a layoff, contact us here. īelow you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2023, to be updated monthly. Unfortunately, it also serves as a reminder of the deeply human impact of layoffs and how risk profiles could evolve from here. 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. The reason for workforce reductions often follow a common script : the macroeconomic environment, cost-cutting plans and restructuring while on a tumultuous path to profitability. And while tech layoffs slowed down in the summer and fall, it appears that cuts are ramping up yet again. Startups across many sectors also announced cutbacks through the first half of the year. Earlier this year, mass workforce reductions were driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. 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. Last year’s techwide reckoning continues.
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