The tech industry is continuing to see significant job losses in 2023, with more than 240,000 job cuts already this year, which is 50% higher than last year. Major companies like Google, Amazon, Microsoft, Yahoo, Meta, and Zoom have all implemented mass layoffs, and startups across various sectors have also announced cutbacks in the first half of the year. While layoffs slowed down in the summer and fall, they appear to be ramping up again.

Economists are cautioning against fears of a recession in the tech industry, but companies are still cutting back on their workforces and shifting to a more efficient mindset due to stubborn market conditions. Tracking these layoffs helps to understand their impact on innovation, the pressures companies are facing, and who is available for hire.

As of now, the total number of layoffs in 2023 is 224,503, which exceeds the total number of tech layoffs in 2022. Layoffs occurred each month, with January seeing the highest number of laid-off employees at 89,554.

In November, several companies, including ByteDance, Veev, and Tulip, have announced layoffs. Other companies like Amazon, FreshBooks, and Sega have also reported job cuts. The impact of these layoffs is being felt across the industry, with the total number continuing to rise. This data is visualized by Miranda Halpern and will be updated monthly. If you have any tips on layoffs, you can contact them anonymously.

By admin