Tracking 2023’s Layoffs in Tech, Media, Retail and More (Updated March)

Layoffs are spreading from tech to more industries.

Zoom founder Eric Yuan
Zoom founder Eric Yuan. The video conferencing software maker announced this week it will eliminate 1,300 jobs. Kena Betancur/Getty Images

From big tech companies to media to online retailers, layoffs are continuing in 2023 with new job cuts announced almost every week. Business large and small are slashing costs in preparation for a possible recession and the impact has spread from advertising-dependent internet and media companies to e-commerce, software and even carmakers.

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In recent weeks, Zoom, Dell (DELL), IBM and PayPal follow the steps of Amazon (AMZN), Meta (META) and Google (GOOGL) in laying off thousands of salaried workers. E-commerce companies whose business was booming during and before the pandemic, such as Wayfair, Stitch Fix and Impossible Foods, also announced job cuts on grim outlooks of the near future.

Here are all the major layoffs announced in the hardest-hit industries this year so far with the number of jobs cut and the percentage of their workforce:

March 2023: Software

  • Meta: 10,000 (13%)
  • Amazon: 9,000 (3%)
  • Disney: 7,000 (3%)
  • Waymo: 209 (8%)
  • Airbnb: 30 (0.4%)
  • CNET: 12 (10%)
  • Embark Trucks 230 (70%)

February 2023: Software, Media

January 2023: Big Tech, Software, Crypto, Retail

Before 2023: Big Tech, Gig Economy, Software

 

Tracking 2023’s Layoffs in Tech, Media, Retail and More (Updated March)