The big tech bloodletting has been particularly dramatic over the past year

Number of layoffs and tech companies making redundancies, worldwide, 2022 and 2023 (in log scale)

J a n 2 0 2 2 M a r 2 0 2 2 M a y 2 0 2 2 J u l 2 0 2 2 S e p t 2 0 2 2 N o v 2 0 2 2 J a n 2 0 2 3 M a r 2 0 2 3 E m p l o y e e s l a i d o f f T e c h f i r m s m a k i n g r e d u n d a n c i e s

Employees laid off

Tech firms making redundancies

100,000

10,000

1,000

100

10

0

Jan

2022

Mar

2022

May

2022

Jul

2022

Sept

2022

Nov

2022

Jan

2023

Mar

2023

J a n 2 0 2 2 M a r 2 0 2 2 M a y 2 0 2 2 J u l 2 0 2 2 S e p t 2 0 2 2 N o v 2 0 2 2 J a n 2 0 2 3 M a r 2 0 2 3 E m p l o y e e s l a i d o f f T e c h f i r m s m a k i n g r e d u n d a n c i e s

Employees laid off

Tech firms making redundancies

100,000

10,000

1,000

100

10

0

Jan

2022

Mar

2022

May

2022

Jul

2022

Sept

2022

Nov

2022

Jan

2023

Mar

2023

J a n 2 0 2 2 F e b 2 0 2 2 M a r 2 0 2 2 A p r 2 0 2 2 M a y 2 0 2 2 J u n 2 0 2 2 J u l 2 0 2 2 Aug 2022 S e p t 2 0 2 2 O c t 2 0 2 2 N o v 2 0 2 2 Dec 2022 J a n 2 0 2 3 F e b 2 0 2 3 M a r 2 0 2 3 E m p l o y e e s l a i d o f f T e c h f i r m s m a k i n g r e d u n d a n c i e s

Employees laid off

Tech firms making redundancies

100,000

10,000

1,000

100

10

0

Jan

2022

Feb

2022

Mar

2022

Apr

2022

May

2022

Jun

2022

Jul

2022

Aug

2022

Sept

2022

Oct

2022

Nov

2022

Dec

2022

Jan

2023

Feb

2023

Mar

2023

J a n 2 0 2 2 F e b 2 0 2 2 M a r 2 0 2 2 A p r 2 0 2 2 M a y 2 0 2 2 J u n 2 0 2 2 J u l 2 0 2 2 Aug 2022 S e p t 2 0 2 2 O c t 2 0 2 2 N o v 2 0 2 2 Dec 2022 J a n 2 0 2 3 F e b 2 0 2 3 M a r 2 0 2 3 E m p l o y e e s l a i d o f f T e c h f i r m s m a k i n g r e d u n d a n c i e s

Employees laid off

Tech firms making redundancies

100,000

10,000

1,000

100

10

0

Jan

2022

Feb

2022

Mar

2022

Apr

2022

May

2022

Jun

2022

Jul

2022

Aug

2022

Sept

2022

Oct

2022

Nov

2022

Dec

2022

Jan

2023

Feb

2023

Mar

2023

Layoffs.fyi, 2023