Tech companies have cut nearly 150,000 jobs since November. Here’s the latest data on layoffs across the industry
In the past year, tech companies across the spectrum — from startups to giants such as Amazon, Google, Meta and Salesforce — have announced mass layoffs as they seek to cut costs in an increasingly challenging economy.
TL;DR
- LinkedIn has laid off hundreds of workers this fall.
- Tech companies like Amazon, Google, Meta, and Salesforce have announced mass layoffs.
- Layoffs are happening as companies seek to cut costs in a challenging economy.
- Bay Area companies, including LinkedIn, Splunk, and Informatica, are part of this trend.
- Thousands of Bay Area-based workers have been affected by these layoffs.
- Data on layoffs is being tracked using information from Layoffs.fyi, the California Employment Development Department, and news reporting.
- Some companies have not disclosed the exact number of employees being laid off.
- Amazon recently slashed 'several hundred' jobs in its third round of cuts.
- Cruise laid off workers days after recalling its entire robotaxi fleet.