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September: Patreon 150, Twilio 850, Ericsson 400, DocuSign 650 October: Peloton 500, Intel "thousands", Oracle 200, Microsoft 1k, Zillow 300 November: Opendoo
by cableshaft 4y ago
September: Patreon 150, Twilio 850, Ericsson 400, DocuSign 650
October: Peloton 500, Intel "thousands", Oracle 200, Microsoft 1k, Zillow 300
November: Opendoor 550, Twitter 3700+ (probably 5000+ after the 'sign the hardcore decree or be terminated'), Zendesk 350, Salesforce '100s', Meta 11000, Amazon 10000, Cisco 4000, HP 4000-6000, Stripe 1000+, Lyft 683
Hasn't happened yet but reported to do so soon: Google 10000[1]
Notice it's accelerating, both in size of layoffs and and how many tech companies are laying people off. Granted part of it may be trying to squeeze it in before the end of the year for financial purposes.
Source: https://tech.co/news/tech-companies-layoffs https://tech.co/news/tech-companies-layoffs
EDIT: Crunchbase is saying 73,000 workers in the tech sector have been laid off in 2022, so far. Also has more companies on their list.
https://news.crunchbase.com/startups/tech-layoffs-2022/ https://news.crunchbase.com/startups/tech-layoffs-2022/
[1] https://www.kron4.com/news/bay-area/another-massive-tech-company-plans-to-cut-10k-jobs-reports/ https://www.kron4.com/news/bay-area/another-massive-tech-com...
- DeathArrow 4y agoThanks. Were most of those people in technical roles? I see you mostly mentioned big tech corporations. What is the situation for it roles at non tech corporations and at middle and small tech companies? Although those numbers you mentioned might sound bad, it is possible that those are the final numbers for lay offs for those companies and once they met the numbers they target and stabilize their financial situations, there won't be any more rounds of lay offs. They might even rehire some people if their economical status will improve.
- cableshaft 4y agoJust tech companies. I don't think there are any stories on specifically how many technical people are being laid off, just overall numbers. A couple of these stories I've seen suggested for some of these companies it's not all, or maybe even the majority, technical people (like it says 'layoffs were focused on X, Y, and Z departments', where it might have marketing or HR in there), but there's none I've found that has made it clear exactly how many people in technical roles.