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The number of startup employees laid off in 2022 has now crossed 100k people
- the_shivers 4y agoSeems a bit bold to call Twitter a startup. I'm sure there's older companies on the list as well.
- qazxcvbnmlp 4y agoStartup is more of a term to describe companies that (may)receive Vc funding with the primary intent of getting bigger.
- liveoneggs 4y agoWasn't twitter a public company a few days ago?
- animitronix 4y agoYeah they just track tech layoffs at this point
- umeshunni 4y agoIt's weird that this tracker is global with no meaningful filtering by country or region. 100k people laid off out of 3-4 billion working age people seems irrelevant.
- gamblor956 4y agoAt least 15 of the companies on this list are not startups, and in fact are (or were) publicly traded companies with actual revenue-generating business models (Twitter, Stripe, Netflix, Lyft, Twilio, Docusign, Zillow, Salesforce, Impossible Foods, Beyond Meat, Peloton, Spotify, Groupon, Zendesk, Rivian, Shopify). A number of them even had profits before the recent downturn. Some of these companies have been publicly traded for years and are among the biggest companies in the world (ahem...Salesforce...) or at least are the biggest in their market (Spotify, Netflix, Stripe, Mindgeek). If they're still considered startups, then the term "startup" no longer has meaning.
- FrontierPsych 4y agoThis is horrible. Now all those awesome employees hired by the best companies are going to have to move downhill and take the "less good" jobs. They will push the "less good" people who can only get the "less good" jobs to a lower level of "ok jobs". The current "ok jobs" people are going have to then move down the "crap" job level and push out the "crap" employees who are already there from those "crap" employers. That is where I am. There's no lower level for me and other "crap" employees to go. What do we do?
- alephxyz 4y agoI'm curious as to why you label yourself a "crap" employee
- FrontierPsych 4y agotongue-in-cheek.
- parkingrift 4y agoStartup? There are dozens of public companies on the list. You cease to be a startup when you IPO, direct list, or SPAC. At a glance I saw Twitter, Lyft, Affirm, OpenDoor, and Zillow. Probably numerous others. This site really loses its value by including public company layoffs alongside actual tech startups.