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Tech Layoffs: US Startups And Tech Companies With Job Cuts In 2022 – Crunchbase News

By Bray Charlie

January 12, 2023

The U.S. tech sector layoffs continue.More than 16,000 workers in U.S.-based tech companies have been laid off in mass job cuts so far in 2023, according to a Crunchbase News tally. Last year, more than 90,000 jobs were slashed from public and private tech companies as they were forced to confront rising inflation rates and a tumultuous stock market. The economy has come to reckon with a culture of overzealous hiring and soaring valuations, and startups are now forced to carry themselves through a frosty market as venture funding becomes barren. Grow your revenue with all-in-one prospecting solutions powered by the leader in private-company data.Tech companies as big as Amazon, Salesforce and Compass have slashed jobs this year, citing overhiring during periods of rapid growth. To keep tabs, we’ve compiled a list of U.S.-based tech companies that have laid off employees so far this year. Most recently updated: Jan. 6, 2022.We only cover U.S.-based companies or companies with a strong U.S. presence. We’ve included both startups and publicly traded tech-heavy companies. We’ve also included companies based elsewhere that have a sizable team in the United States, such as Klarna, even when it’s unclear how much of the U.S. workforce has been affected by layoffs.We source the layoffs from media reports, our own reporting, social media posts and layoffs.fyi, a crowdsourced database of tech layoffs. If an employee headcount could not be confirmed to our standards, we noted it as “unclear”.Our hope is that this database will be as comprehensive as possible, so if we’ve missed any companies or if your company goes through layoffs, please let us know by filling out this form.This layoff tracker will be updated at least weekly, if not more frequently.Illustration: Dom Guzman Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily. Venom Foundation and Iceberg Capital have partnered to launch a $1 billion venture fund called Venom Ventures Fund to invest in protocols and Web3…Parsing through the quarter-by-quarter numbers for active investors, it’s clear 2022 wasn’t entirely a clean-up-the-mess year.Asia could not buck the global trend of venture capital pullback in 2022, as total funding for the year dropped 39% compared to the record-setting…Current market conditions being what they are could make it a tough couple of years for startups seeking funding. What’s a founder to do? Ripple…Find the right companies, identify the right contacts, and connect with decision-makers with an all-in-one prospecting solution.Editorial Partners: Verizon Media TechAbout Crunchbase NewsCrunchbase News Data MethodologyPrivacy PolicyTerms of ServiceCompany CareersPartnersBlogContact UsCrunchbase ProCrunchbase EnterpriseCrunchbase for ApplicationsCustomer StoriesPricingFeatured Searches And ListsKnowledge CenterCreate A ProfileSales IntelligenceSales Prospecting GuideSales Prospecting Tools© 2023 Crunchbase Inc. All Rights Reserved.

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