US Startups And Tech Companies With Job Cuts In 2022

The U.S. tech sector layoffs proceed.

Extra than 21,000 employees in U.S.-based tech corporations have been laid off in mass position cuts so far in 2023, according to a Crunchbase News tally. 

Last 12 months, around 107,000 positions have been slashed from community and private tech businesses as they had been compelled to confront rising inflation costs and a tumultuous stock market place. The financial system has arrive to reckon with a lifestyle of overzealous choosing and soaring valuations, and startups are now pressured to carry on their own by means of a frosty market as venture funding gets barren.

Tech firms as major as Qualtrics, Carta and Verily have slashed jobs this 12 months, citing overhiring during intervals of immediate growth. To retain tabs, we’ve compiled a record of U.S.-primarily based tech companies that have laid off staff members so far this year. 

Most not too long ago up to date: Jan. 13, 2022.

Methodology

We only cover U.S.-dependent corporations or companies with a potent U.S. presence. We have provided both startups and publicly traded tech-weighty corporations. We’ve also incorporated firms based somewhere else that have a sizable staff in the United States, this sort of as Klarna, even when it’s unclear how considerably of the U.S. workforce has been impacted by layoffs.

We resource the layoffs from media stories, our own reporting, social media posts and layoffs.fyi, a crowdsourced database of tech layoffs. 

If an employee headcount could not be confirmed to our requirements, we mentioned it as “unclear”.

Are we lacking something?

Our hope is that this database will be as thorough as possible, so if we’ve missed any providers or if your firm goes by way of layoffs, make sure you enable us know by filling out this form.

This layoff tracker will be current at the very least weekly, if not extra often.

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Illustration: Dom Guzman

US Startups And Tech Companies With Job Cuts In 2022

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