Layoffs in United States

On January 20, 2023, Vox Media, a prominent digital media company behind brands like Vox.com, The Verge, and New York Magazine, laid off approximately 130 employees, representing 7% of its workforce. CEO Jim Bankoff cited a challenging economic environment and the need to scale back underperforming or non-core projects as reasons for the cuts. The layoffs affected various departments, including Revenue, Editorial, Operations, and Core Services. This follows a previous round of layoffs in July 2022, where 39 employees were let go. The company, operating in the competitive digital media industry, indicated it would continue to assess its financial outlook and implement cost-saving measures as necessary.

Avalara on 2023-01-20.

Google laid off 12,000 employees representing approximately 6% of its workforce on 2023-01-20.

Online retailer Zappos, a subsidiary of Amazon, has conducted a new round of layoffs impacting several departments, as reported in January 2023. The exact number of affected employees and the start date were not disclosed. This follows a previous round in September where the company confirmed cutting less than 4% of its staff, though sources suggested it could have been as high as 20%. The move aligns with broader tech industry downsizing, including Amazon's own announcement to cut 18,000 jobs earlier that month. Zappos stated the layoffs are part of ongoing assessments to ensure long-term success while maintaining its customer service mission.

Karat laid off 47 employees on 2023-01-20.

Edifecs laid off 30 employees on 2023-01-20.

Based on the provided content, there is no information about a layoff event at Citrine Informatics. The text appears to be a generic sign-up or login interface snippet from LinkedIn, containing no news or details about the company's operations, workforce, or any restructuring. Therefore, a summary of a layoff cannot be generated from this material.

BitTorrent laid off 92 employees on 2023-01-20.

Morning Consult on 2023-01-20.

Cyteir Therapeutics representing approximately 70% of its workforce on 2023-01-20.

Magnite, a digital advertising technology company, announced a workforce reduction of approximately 6% across its global operations. This layoff, disclosed in a filing on Thursday, is part of the company's ongoing integration efforts following its 2021 acquisition of SpotX, Inc. The cuts primarily target duplicative roles as Magnite consolidates its CTV platforms and realizes operating cost synergies from the acquisition. While the exact number of affected employees was not specified, the 6% reduction reflects a strategic move to streamline operations and eliminate redundant positions within the organization.

Google laid off 12,000 employees in a recent round of big tech layoffs.

IAM Robotics, a company in the robotics and automation industry, has conducted a layoff, as confirmed by founder Tom Galluzzo in a personal message. While the exact number of employees affected and the total workforce size are not specified in the post, the event occurred recently, with Galluzzo expressing gratitude to those let go and encouragement to the remaining team. The context suggests this was a difficult decision, likely due to broader economic challenges or a strategic shift, aimed at ensuring the company's future success and the value of its products. The founder emphasized community support and offered assistance to impacted individuals during this transition.

Electric bus and battery manufacturer Proterra is laying off approximately 300 employees this year as part of a cost-cutting consolidation plan. The company is exiting its California facility and combining its electric bus and battery production in South Carolina. This restructuring, announced in early 2023, aims to reduce facilities costs and better manage supply-chain disruptions. The move reflects broader challenges in the electric vehicle industry, where companies are tightening spending amid consumer concerns about affordability and rising prices.

Earth Rides, an electric ride-share company based in South Nashville, suddenly and permanently shut down on January 19, 2023, without any prior notice to its employees. The closure left an unspecified number of drivers—both full-time and part-time—without their final paychecks, reportedly amounting to three weeks of unpaid wages. Former employees, who were left in the dark about the shutdown, described receiving abrupt messages to cancel rides and return to the lot, with no official communication from the company. Operating in the competitive transportation and car-sharing industry, Earth Rides' abrupt closure not only impacted its workforce but also disrupted service for customers, including those with special needs who relied on the rides. The company's owner has been unresponsive to inquiries, leading former employees to consider legal action to recover their lost wages.

Capital One laid off 1,100 employees on 2023-01-19.

Riot Games, the developer behind League of Legends and Valorant, has laid off 46 employees as part of strategic shifts within certain teams. The company, which currently has 150 open positions globally, stated this move aims to sharpen its focus on delivering the best content and experiences for players. These layoffs, confirmed in January 2023, affected roles across departments such as recruiting, human resources, support, and esports. While Riot historically avoids large reductions, this decision aligns with broader economic challenges impacting the tech and gaming industries. The layoffs represent a small fraction of its workforce, reflecting periodic adjustments to team structures as part of normal business operations.

Prisma, a database technology company, has laid off 21 employees, representing 28% of its team, as announced by CEO Søren Schmidt. The decision, made to adjust the go-to-market strategy and align with future objectives, stems from overly aggressive hiring in commercial functions, resulting in departmental redundancies, and the need to navigate current macroeconomic challenges. The layoffs aim to refocus the company for greater operational efficiency and stability. Affected employees have been notified and will receive severance, extended healthcare benefits, and job search support.

Fandom, the entertainment wiki platform, conducted layoffs affecting its recently acquired sites including Giant Bomb, GameSpot, Metacritic, and TV Guide on January 19, 2023. The cuts impacted less than 10% of the company's total workforce, which numbers under 500 employees, translating to fewer than 50 people let go. This restructuring occurred just four months after Fandom purchased these gaming and entertainment sites for approximately $50 million from Red Ventures. The layoffs, part of broader workforce adjustments within Fandom, led to notable departures such as editors and producers, with Giant Bomb temporarily halting operations in response. The company operates in the digital media and entertainment information industry, managing a vast network of fan wikis.

Personalis representing approximately 30% of its workforce on 2023-01-19.

Boston-based fitness startup Hydrow has laid off around 30 employees, marking its second round of cuts in less than six months. This follows a previous layoff in July 2022 that affected 35% of its then 200-person workforce. The latest reductions could represent nearly a quarter of the company's current staff as it navigates a post-pandemic slowdown in demand for at-home fitness equipment and increased competition, notably from Peloton's entry into the rowing machine market. CEO Bruce Smith stated the company is focusing on achieving profitability while continuing to develop new offerings. Hydrow, which sells high-end rowing machines and streaming workout memberships, has also adjusted its product pricing upward in recent months.

WeWork laid off 300 employees on 2023-01-19.

Icertis on 2023-01-19.

CS Disco, a legal technology company, conducted a layoff affecting approximately 85 employees, which represents about 20% of its workforce. The reduction was part of a strategic restructuring aimed at improving operational efficiency and extending the company's financial runway. This move, announced in early 2024, reflects broader challenges in the tech sector as companies adjust to economic pressures and shifting market demands.

Hubilo, an event management startup based in Bengaluru and San Francisco, laid off approximately 115 employees, representing about 35% of its workforce, earlier this month as part of a restructuring effort driven by global macroeconomic challenges. This marks the second round of layoffs within six months, following a reduction of 45 employees (12% of staff) in July 2022. The company, which pivoted to virtual events during the COVID-19 pandemic and raised over $150 million in funding, has faced declining demand as in-person events resumed. Hubilo is now refocusing on physical and hybrid event management while offering severance and outplacement support to affected employees.

Addepar, a wealth management software startup founded by Palantir co-founder Joe Lonsdale, laid off approximately 20 employees in December 2022, representing about 3% of its workforce. The Mountain View-based fintech company, which employs around 800 people and was valued at $2.17 billion in 2021, described the cuts as part of normal adjustments for a growing business. While some senior executives recently departed, these exits were reportedly unrelated to the layoffs. Addepar continues to hire and serves major financial clients with $4 trillion in assets on its platform. The job reductions are modest compared to larger cuts at other fintech firms like Plaid and Coinbase around the same time.

Microsoft announced on January 18, 2023, that it will lay off 10,000 employees, representing roughly 5% of its global workforce of about 221,000. The job cuts, set to begin immediately and continue through the third quarter of the fiscal year, are a response to macroeconomic challenges and shifting customer priorities. CEO Satya Nadella described the move as a difficult but necessary step to adapt to changing conditions and refocus the company's investments on strategic growth areas. This decision aligns with a broader slowdown in the tech industry, which saw significant layoffs across major firms in 2022.

80 Acres Farms representing approximately 10% of its workforce on 2023-01-18.

Lucid Diagnostics representing approximately 20% of its workforce on 2023-01-18.

Inspirato laid off 109 employees representing approximately 12% of its workforce on 2023-01-18.

Bally's Interactive representing approximately 15% of its workforce on 2023-01-18.

nCino laid off 100 employees representing approximately 7% of its workforce on 2023-01-18.

JumpCloud, a cloud-based directory platform company, laid off approximately 20% of its workforce, affecting around 100 employees, in a restructuring effort aimed at improving operational efficiency and extending its financial runway. The layoffs, announced in early 2023, were part of a strategic shift to focus resources on core product development and customer success amidst broader economic challenges in the tech industry. The company, which provides IT and security solutions for managing users and devices, stated the move was necessary to ensure long-term sustainability and growth, despite its prior rapid expansion and significant venture capital backing.

Mavenir on 2023-01-18.

Teladoc Health laid off 300 employees representing approximately 6% of its workforce on 2023-01-18.

Struggling online auto retailer Vroom announced a significant workforce reduction on Wednesday, laying off 275 employees. This cut represents approximately 20% of the company's total workforce, as disclosed in an SEC filing. The move is part of the company's broader efforts to restructure and reduce costs amid ongoing challenges in the automotive retail sector.

8x8 laid off 155 employees representing approximately 7% of its workforce on 2023-01-18.

Starry Group, a broadband service provider in the technology industry, announced significant layoffs on Wednesday, January 18, 2023. The company is cutting approximately 100 positions, which represents about 24% of its total workforce. This move is part of a broader restructuring effort aimed at reducing costs, with Starry expecting to save around $12 million in cash operating expenses over the next year. The job cuts are scheduled to take effect on January 23, 2023, and will involve one-time cash charges of roughly $0.8 million. This decision reflects the ongoing challenges and adjustments within the competitive broadband sector.

American Robotics, a Waltham-based drone startup, laid off approximately 50 employees last week, representing a significant 65 percent of its staff. The layoffs are part of a broader trend affecting the local tech sector in early 2023, driven by economic slowdowns, uncertain market conditions, and adjustments following periods of aggressive hiring. The company's parent, Ondas Holdings, cited the challenging economic climate and the need to accelerate integration with another drone firm, Airobotics, as key factors. This move reflects the industry's shift toward more measured growth amidst ongoing market volatility.

Oracle, a major enterprise software company, conducted another round of layoffs within its Oracle Advertising unit in January 2023, following earlier cuts in July and August 2022. While the exact number of employees affected this time was not disclosed, the unit had previously laid off about 60 people. These layoffs are part of a reorganization aimed at making the advertising business more focused and self-funding, coinciding with the departure of key executives like Chief Product Officer Derek Wise. The changes reflect ongoing adjustments in Oracle's cloud-based advertising and customer experience divisions.

RingCentral laid off 30 employees on 2023-01-17.

Luxury Presence, a real estate marketing software company, laid off 44 employees, representing 7 percent of its workforce, in mid-January 2023. Founder and CEO Malte Kramer attributed the layoffs to a worsening economic environment and a significant slowdown in the real estate market, despite the company having experienced rapid growth and record months in 2022. The firm, which provides high-end web marketing solutions for top agents and brokerages, had expanded sixfold since 2020 and raised substantial venture capital. Kramer expressed regret and took responsibility for the decision, noting the company is offering severance to affected staff.

LiveVox Holdings, Inc., a cloud-based contact center solutions provider in the IT services industry, announced a workforce reduction on January 17, 2023. The company laid off approximately 16% of its global team as part of a strategic pivot to adapt to evolving macroeconomic conditions and shift toward more profitable growth prospects. While the exact number of affected employees was not specified, the cuts were not evenly distributed across departments, with some areas seeing more significant impacts. This restructuring followed a period of strong growth, including 20 consecutive quarters of year-over-year expansion prior to the company's 2021 NASDAQ listing. The move aims to reposition the business in response to changing client needs and the digital transformation accelerated by the pandemic.

Unity laid off 284 employees representing approximately 3% of its workforce on 2023-01-17.

Avaya on 2023-01-17.

RateGenius on 2023-01-17.

Amazon has begun another round of job cuts, laying off more than 18,000 people as part of cost-cutting measures.

In January 2023, the Israeli-founded, New York-based corporate gifting platform Snappy announced a significant workforce reduction, laying off approximately 100 employees. This cut represents about 30% of its global team, with only a small number of the affected employees based in Israel. CEO Hani Goldstein cited the need to adjust the company's financial strategy toward sustainable growth and profitability amidst broader economic shifts and uncertainties affecting the tech industry. The layoffs follow a period of rapid expansion and investment, including a $70 million Series C funding round in 2021.

Arch Oncology, a Roche-backed biotech startup, has laid off all its employees after discontinuing development of its anti-CD47 antibody program. The company, based in Brisbane, California, effectively ceased operations, resulting in a 100% reduction of its workforce. This decision, reported in January 2023, reflects the high-risk nature of the biotechnology industry, where startups often pivot or shut down when key drug candidates fail to progress. The move underscores the challenges in targeting the CD47 pathway in oncology.

Healthtech startup Vial laid off its entire site network division in October 2022, affecting 40 to 50 employees, which represented about 32-40% of its then 125-person workforce. These cuts, part of multiple rounds of layoffs that year, came as a surprise to staff, especially since the company announced a $67 million Series B funding round just weeks later. The layoffs resulted from a strategic shift away from managing clinical trial divisions at clinics to focusing on its software offerings. Founded in 2020, Vial operates in the healthtech industry, helping biotech companies run clinical trials.