Layoffs in United States

Digital intelligence company Similarweb laid off over 60 employees, representing about 6% of its workforce, in May 2023. This followed a previous round of 130 layoffs in November 2022. The cuts were announced alongside first-quarter results that showed a 19% revenue increase to $52.8 million but a persistent GAAP operating loss of $13.1 million. The company, which provides web traffic analytics, cited ongoing efforts to improve its financial position and achieve positive cash flow, with most affected employees based outside Israel.

Stack Overflow, the prominent online platform for developers, has laid off approximately 58 employees, representing about 10% of its workforce. CEO Prashanth Chandrasekar announced the difficult decision, citing a strategic shift towards profitability amid macroeconomic pressures. The company is refocusing its efforts on its core Stack Overflow for Teams product and upcoming AI/ML offerings, aiming for greater agility. The layoffs occurred in April 2026, affecting employees across the tech industry, with the company providing severance and support services during the transition.

Marqeta, a financial technology company specializing in card issuing and payment processing, conducted a workforce reduction in early 2023 as part of a broader restructuring plan. The layoffs affected approximately 100 employees, which represented around 10% of its total workforce at the time. This decision was driven by a strategic shift to improve operational efficiency and reduce costs amid a challenging macroeconomic environment. The move, announced in the first quarter, aligns with the company's efforts to streamline operations and focus on core growth areas within the fintech industry.

Sonatype, a software supply chain management company, laid off approximately 100 employees, representing 14% of its global workforce, in May 2023. The cuts impacted teams across sales, marketing, engineering, customer success, and general administration worldwide. Company president Alex Berry framed the move as a restructuring to position Sonatype for future market success, not due to systemic business issues. However, the layoffs were reportedly handled poorly, with employees and even engineering managers caught by surprise after being assured their jobs were secure. Staff were abruptly let go and instructed not to speak to the press, contrasting with more transparent approaches seen at other tech firms. The layoffs reflect broader cost-cutting trends in the IT and software industry at the time.

LinkedIn is cutting 716 jobs as it phases out its InCareer app in China, citing fierce competition and a challenging macroeconomic climate. The company, which has 20,000 employees and is owned by Microsoft, plans to finish phasing out InCareer by August 9 while shifting its China strategy to focus on helping companies hire, market, and train abroad.

Mobile sports streaming startup Buzzer is laying off a significant portion of its workforce as it pivots from a consumer-facing app to a B2B technology provider. The company's headcount has shrunk from a peak of around 65 employees early last year to fewer than 30 as of May 2023, representing a reduction of over 50%. This strategic shift comes in response to changing market dynamics, including leagues and teams seeking more direct control over their digital streaming distribution. The company, which has raised $44 million from prominent sports investors, will now offer its proprietary technology and services under a "Powered by Buzzer" model to help rights holders build and enhance their own direct-to-consumer streaming platforms.

Akamai laid off 290 employees representing approximately 3% of its workforce on 2023-05-09.

LinkedIn laid off 716 employees representing approximately 4% of its workforce on 2023-05-08.

Twist Bioscience, a synthetic biology company, laid off approximately 270 employees, representing about 25% of its workforce, in a restructuring effort announced in early 2024. The move aims to reduce costs and extend the company's financial runway, focusing resources on core DNA synthesis and data storage businesses. This significant reduction reflects broader challenges and consolidation within the biotechnology and life sciences tools industry.

Eventus, a trade surveillance technology provider, has laid off approximately one-third of its global workforce, primarily from sales and business development, including senior leaders. The cuts, confirmed in early 2024, are a response to a challenging funding environment, as the company shifts from aggressive growth to a phase of optimizing for efficient, self-sustaining expansion without relying on external capital. While specific employee numbers were not disclosed, the significant reduction highlights the pressures in the fintech sector, with Eventus stating these difficult decisions were made to focus resources on client-serving areas yielding strong returns.

Scribe Media laid off 90 employees representing approximately 100% of its workforce on 2023-05-04.

Sabre, a major travel technology company, is laying off approximately 15 percent of its workforce, which translates to about 1,125 employees based on its reported total of nearly 7,500 at the end of 2022. The announcement was made by new CEO Kurt Ekert during an earnings call on Thursday, May 4, 2023. This restructuring is part of a broader effort to achieve $200 million in annual cost savings, reflecting the company's response to a permanently changed travel industry landscape following the pandemic and its need to realign for future financial and strategic goals.

Autograph, the NFT platform co-founded by Tom Brady, has laid off about a third of its workforce, affecting up to 30 employees out of a total of 107. This significant reduction, which occurred in early May 2023, follows a previous round of layoffs in December, as the company navigates a cooling NFT market where sales are projected to plummet 72% this year. The layoffs, impacting senior executives as well, reflect broader challenges in the technology and digital collectibles industry, with Autograph citing market conditions similar to other tech firms that have downsized. Despite the cuts, the Los Angeles-based startup, which raised $170 million in Series B funding in 2021, aims to focus on product development with its remaining team.

Brightline representing approximately 20% of its workforce on 2023-05-03.

Unity laid off 600 employees representing approximately 8% of its workforce on 2023-05-03.

Upwork laid off 137 employees representing approximately 15% of its workforce on 2023-05-03.

TheSkimm, a millennial-focused newsletter publisher, laid off approximately 22 employees, representing about 13% of its workforce, in early May 2023. This marked the company's second round of cuts this year, following a previous layoff of 17 people in January. The affected roles included top sales executives and creative leaders. The layoffs are attributed to a persistently challenging advertising market, with digital media facing significant revenue declines. Founded in 2012 and based in New York, TheSkimm expanded from its core newsletter into podcasts and other content but has struggled to diversify revenue and secure new funding amid slowing growth.

Brightcove laid off 70 employees representing approximately 10% of its workforce on 2023-05-03.

Cybersecurity firm Bishop Fox laid off approximately 50 employees, representing 13% of its workforce, on May 2, 2023. The company, which had around 400 employees prior to the cuts, cited the global economic situation and a need to improve business efficiency as reasons for the restructuring. This move came just days after the company hosted a party at the RSA cybersecurity conference, an event that had been planned months in advance. CEO Vinnie Liu stated that while demand for their solutions remains solid, the company is responding to market uncertainty and investment trends. Bishop Fox operates in the cybersecurity industry and continues to plan for future industry events.

Commercial real estate finance startup Lev has laid off 34 employees, as reported in May 2023. This follows a previous round of roughly 30 layoffs late last year. The company, which operates a platform using AI to connect property borrowers with lenders, has been impacted by a significant industry slump driven by rising interest rates, which has choked off commercial real estate lending and reduced transaction volumes. Founded in 2019, Lev had previously secured substantial venture capital, including a $70 million Series B round. The layoffs reflect broader challenges in the proptech and commercial real estate sectors amid economic tightening.

SAS laid off 250 employees on 2023-05-01.

Embark Vet laid off 28 employees on 2023-04-28.

Cue Health laid off 326 employees representing approximately 30% of its workforce on 2023-04-28.

Poparazzi, the photo-sharing app that briefly topped the App Store charts in 2021, is shutting down as of May 2023, effectively resulting in layoffs for its entire team. The company, which had grown to a team of 15 employees following a $15 million Series A funding round in 2022, cited declining user engagement and a pivot to an unsuccessful new app, "Made with Friends," as contributing factors. Operating in the competitive social media industry, the startup failed to sustain its initial hype despite its innovative concept of allowing users to only post photos of their friends. The closure was announced via a Medium post, with the app set to be discontinued and user data available for download until June 30, 2023.

Cork-based corporate communications software firm Poppulo announced in late April 2023 that it is cutting 21 roles in Ireland, along with 11 in the UK and 53 in the US, as part of a restructuring in response to the changing economic climate and a need to re-evaluate its cost base. The company, which serves over 4,500 global customers, expressed optimism for the future despite the layoffs, stating the move would position it more strongly to seize upcoming opportunities.

Clubhouse representing approximately 50% of its workforce on 2023-04-27.

Chief, a professional network for women leaders, laid off 43 employees, representing 14% of its staff, on April 27, 2023, as part of a restructuring effort in response to the challenging economic environment. The company, which operates in the professional networking and community industry, now has around 262 remaining employees. The layoffs primarily affected U.S. staff, sparing its smaller U.K. presence. In an email to employees, co-founders cited a focus on enhancing member experience through in-person opportunities, personalization, digital simplification, and embedding diversity and inclusion. This move follows recent scrutiny over the company's stance on social issues, as it continues to serve its 20,000-member base.

On April 28, 2023, Rebellion Defense, a company developing advanced software for national security, announced a reduction in its workforce. The layoffs were a difficult decision made by CEO Chris Lynch, aimed at evolving the organization's customer delivery approach, refocusing product investments for software-defined defense, and extending the company's financial runway amid a challenging macroeconomic environment. While the exact number of employees laid off and the total workforce size were not disclosed in the announcement, the move reflects a strategic shift to prioritize core capabilities and ensure long-term impact for its defense technology customers.

Rad Power Bikes, a prominent U.S. direct-to-consumer e-bike brand, has conducted its fourth round of layoffs within a year as of April 2023, though the exact number of employees affected this time was not disclosed. This follows previous reductions of 100 employees in April 2022, 63 in July, and another undisclosed round in December. The company, which had positioned itself as the world's best-funded e-bike brand after raising $329 million by late 2021, cited ongoing economic challenges and market realities as reasons for the cuts. These measures aim to steer the company toward sustainability amid a downturn, despite its past rapid growth. Leadership changes also preceded this, with founder Mike Radenbaugh stepping down as CEO in November 2022 to focus on advocacy, succeeded by Phil Molyneux.

Alteryx, a big-data analytics company with around 2,900 employees, announced in late April 2023 that it would lay off approximately 11% of its workforce, affecting about 320 staff primarily in sales, marketing, and administrative roles. The decision came alongside mixed first-quarter earnings, where revenue grew but missed expectations, and a weak second-quarter outlook. The layoffs are part of a cost-reduction plan aimed at improving operating margins and accelerating profitability, despite an expected charge of $11-13 million. The company operates in the enterprise software and ETL tools industry, serving large customers with data analytics platforms.

Vroom, an online used car retailer, laid off approximately 800 employees, which represents about 90% of its workforce, as part of a significant restructuring effort. This drastic reduction, announced in early 2024, comes as the company shifts its focus away from its e-commerce operations and used vehicle transactions to concentrate on its automotive financing and services businesses. The move reflects ongoing challenges in the digital used car sales industry, where Vroom, once a notable player, has struggled with profitability and market conditions.

Greenhouse, a leading HR technology company in the talent acquisition software industry, announced a difficult layoff on February 24, 2026, affecting nearly 100 employees in the U.S., which represents about 12% of its workforce. The decision was driven by deteriorating market conditions and a more severe economic downturn than initially expected, despite the company's strong growth history, approaching $200 million in revenue and serving over 7,000 customers. To ensure business stability, Greenhouse is reducing costs, particularly in sales and marketing, while focusing on preserving core functions like customer success and product development. The company is providing support to departing colleagues, including severance and benefits assistance.

Dropbox, a cloud storage and collaboration company, announced a significant workforce reduction in April 2023, laying off approximately 500 employees, which represents about 16% of its global workforce. CEO Drew Houston cited a combination of slowing growth due to economic headwinds and the urgent need to pivot resources toward the AI era as primary reasons. The company aims to reallocate investments from less sustainable areas to skill sets focused on AI and early-stage product development, acknowledging both market pressures and internal performance challenges. This restructuring reflects Dropbox's strategic shift to compete in the rapidly evolving tech landscape while maintaining profitability.

Teampay laid off 30 employees representing approximately 33% of its workforce on 2023-04-26.

Rapid, formerly known as RapidAPI, a San Francisco-based API marketplace startup valued at $1 billion last year, has laid off approximately 115 employees, representing 50% of its workforce. The cuts, announced in late April 2023, are part of a significant restructuring under new CEO Marc Friend, who stated the company had grown too large and tried to compete on too many fronts, sacrificing agility. The layoffs affected teams across sales, talent acquisition, engineering, product, and marketing in offices spanning Europe, Tel Aviv, and San Francisco. This move aims to right-size the company, refocus its product strategy, and prioritize customer success in the competitive tech industry.

BigPanda, an Israeli AIOps unicorn, laid off approximately 40 employees, representing 13% of its workforce, in late April 2023. The company, which provides AI-driven event correlation and automation for IT operations, cited the need to streamline and restructure due to the challenging macroeconomic environment. This move aims to reduce the annual burn rate and ensure long-term financial strength, despite having raised $207 million recently and achieving a $1.2 billion valuation. The layoffs are part of a restructuring that also included new executive appointments, with the company reaffirming its commitment to its core product strategy and mission in the enterprise AIOps market.

Red Hat, a Raleigh-based software giant, announced layoffs affecting hundreds of employees on April 24, 2023. The cuts represent 4% of its global workforce, which totals around 19,000 employees, translating to approximately 760 jobs lost. This move is part of a broader trend of workforce reductions within the technology sector, as companies adjust to changing market conditions. The announcement highlights ongoing shifts in the industry, with Red Hat joining other tech firms in streamlining operations amid economic uncertainties.

Utah-based tech company Pluralsight conducted another round of layoffs this week, following a previous reduction of about 400 employees in December. The exact number of workers affected in this latest round has not been disclosed by the company. Pluralsight, a high-tech "unicorn" from Utah's "Silicon Slopes," is known for its online education platform and had previously moved some jobs to India. The layoffs are part of ongoing restructuring efforts within the tech industry.

Benchling laid off 74 employees representing approximately 9% of its workforce on 2023-04-21.

Ride-hailing company Lyft is laying off 1,072 employees, which represents about 26% of its corporate workforce, as part of a broader restructuring effort. The cuts, confirmed in an SEC filing in late April 2023, follow a previous 13% reduction in November 2022. New CEO David Risher, who began his tenure earlier that month, stated the move aims to streamline operations and refocus on better serving riders and drivers. With approximately 4,000 total employees, this significant reduction reflects ongoing pressures in the tech industry, where many companies are prioritizing efficiency amid economic challenges. Lyft's stock has struggled since its IPO, and the layoffs coincide with the company not filling an additional 250 open positions.

Lenovo on 2023-04-20.

Israeli AI-powered talent marketplace startup Gloat has laid off approximately 35 employees, representing 12% of its total workforce of around 300 people. The company, which operates in Israel, the U.S., India, and Singapore, announced the cuts in April 2023, citing challenging market and economic conditions over the past year. Gloat, which had raised $90 million in a Series D round in June 2022, stated the move was a responsible action taken out of commitment to its mission and customers. The company provides a workforce agility platform used by major global enterprises.

BuzzFeed is shutting down its BuzzFeed News division and laying off approximately 180 employees, representing 15% of its workforce, as announced by CEO Jonah Peretti in April 2023. The decision stems from the division's inability to achieve profitability, with Peretti citing overinvestment in a model dependent on social media platforms that failed to provide sufficient financial support. The digital media company will now consolidate its news efforts into HuffPost, which it acquired in 2020 and describes as profitable and less reliant on social platforms. While layoffs affect nearly all divisions, BuzzFeed.com will continue operating, and the company plans to focus on innovation involving creators and AI, though it states no jobs are being replaced by AI.

Insider, the digital media company, announced layoffs affecting 10 percent of its staff in April 2023, a move driven by challenging economic conditions and a significant decline in advertising revenue. The decision, communicated by company leadership, reflects broader struggles in the media industry as it adapts to an erratic economy. While the exact number of employees impacted wasn't specified, the cuts were part of an effort to keep the company healthy and competitive. Affected U.S.-based employees received severance packages, and the company noted that its international teams were not affected by this round of layoffs.

F5 laid off 623 employees representing approximately 9% of its workforce on 2023-04-19.

WalkMe, a digital adoption platform company, conducted its second round of layoffs in 2023, cutting 112 employees, which represents approximately 10% of its workforce. This follows an earlier layoff of 43 employees in January. CEO Dan Adika cited macroeconomic challenges and the need to build a leaner, more efficient organization to achieve profitability and long-term growth. The company, which went public on Nasdaq with a $2.5 billion valuation, is focusing its efforts on larger organizations with over 500 employees, moving away from small and medium-sized businesses. These difficult decisions aim to align the company with current economic realities and ensure sustainable success in the competitive tech industry.

Opendoor, a major iBuying company in the real estate technology industry, announced on April 18, 2023, that it is laying off 560 employees, representing 22% of its workforce of approximately 2,545. This reduction, primarily affecting operations roles, is a response to a sharp downturn in the housing market, driven by rising mortgage rates that have led to a significant decline in new listings. The company, which previously cut 550 jobs in November, is making these cuts to align operational costs with the current market reality while continuing to invest in technology for long-term growth.

TRM Labs laid off 16 employees representing approximately 9% of its workforce on 2023-04-18.

Clearcover laid off 81 employees representing approximately 15% of its workforce on 2023-04-17.

In November 2022, trade financing fintech startup Drip Capital laid off approximately 20% of its workforce, affecting over 75 employees out of a total of 400. The company, which operates in India, the U.S., and Mexico and provides digital financing solutions to small and medium businesses, described the move as part of a restructuring exercise. The layoffs, which primarily impacted tech, engineering, and sales teams, left employees surprised as they had been told just two months prior that the business was performing well. This restructuring occurred about a year after Drip Capital secured $175 million in funding in October 2021. The layoffs reflect broader trends in the startup sector, where many companies, including Drip Capital, have taken steps to reduce costs amid challenging funding conditions.