RecruitingUS

Stack Overflow Layoffs

October 2023

Stack Overflow announced a layoff affecting 28 employees (28% of its workforce) in October 2023. The company operates in the Recruiting sector.

People Affected

Percentage

28%

Announced Date

Oct 17, 2023

About

Stack Overflow has laid off 28% of its staff, announced on Monday, as part of efforts to achieve profitability amid macroeconomic pressures. The company, which had over 500 employees last year, did not specify the exact number of laid-off employees, but more than 100 people are likely impacted. The layoffs come as the company faces traffic declines due to the popularity of generative AI and shifts in customer budgets.