Economy Job market Layoffs Public Markets Startups

Tech Layoffs: U.S. Companies That Have Cut Jobs In 2022 and 2023

Illustration of scissors cutting a paper people chain.

The U.S. tech sector layoffs continue. Tech giants Samsung and Meta were just a couple of the companies that announced sweeping layoffs this week. 

More than 106,000 workers in U.S.-based tech companies (or tech companies with a large U.S. workforce) have been laid off in mass job cuts so far in 2023, according to a Crunchbase News tally. That number includes Meta’s 10,000-person cut and SiriusXM‘s 475-person workforce cut. 

Last year, more than 140,000 jobs were slashed from public and private tech companies as they were forced to confront rising inflation and a tumultuous stock market. The economy has come to reckon with a culture of overzealous hiring and soaring valuations, and startups are now forced to carry themselves through a frosty market as venture funding becomes barren.

Tech companies as big as Qualtrics, Carta and Verily have slashed jobs this year, citing overhiring during periods of rapid growth. To keep tabs, we’ve compiled a list of recent layoffs announcements from U.S.-based tech companies.

Most recently updated: March 17, 2023.

Tech layoffs methodology

We recently updated our layoffs tracker to reflect the most recent round of layoffs each company conducted. This has allowed us to quickly and more accurately track layoff trends, which is why you might notice some changes in our most recent numbers.

We only cover U.S.-based companies or companies with a strong U.S. presence. We’ve included both startups and publicly traded tech-heavy companies. We’ve also included companies based elsewhere that have a sizable team in the United States, such as Klarna, even when it’s unclear how much of the U.S. workforce has been affected by layoffs.

We source the layoffs from media reports, our own reporting, social media posts and, a crowdsourced database of tech layoffs. 

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

Are we missing something?

Our hope is that this database will be as comprehensive as possible, so if we’ve missed any companies or if your company goes through layoffs, please let us know by filling out this form.

This layoff tracker will be updated at least weekly, if not more frequently.

Related reading:

Illustration: Dom Guzman

Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily.

Copy link