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Reading: Tracking the Tech Industry’s Employment Turbulence
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Tracking the Tech Industry’s Employment Turbulence

Highlights

  • Monitors U.S. tech layoffs, updated weekly.

  • Sources include reports, social media, layoffs.fyi.

  • Recent updates may change layoff figures.

NEWSLINKER
Last updated: 21 February, 2024 - 10:54 am 10:54 am
NEWSLINKER 2 years ago
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The Tech Layoffs Tracker monitors job cuts across American-based or strongly connected businesses, updating at least on a weekly basis. It encompasses a mix of startups and large tech firms, as well as companies from outside the U.S. with substantial American teams, like Klarna, taking into account situations where the impact on U.S. employees is not clearly stated.

Contents
Compiling the Layoff DataReflection of Recent ChangesMethodology

Compiling the Layoff Data

Estimates of workforce reductions are derived from various sources, including media coverage, original journalism, social media, and layoffs.fyi, a community-generated database documenting the tech industry’s layoffs.

Reflection of Recent Changes

The layoff tracker has been recently revised to better represent the latest set of layoffs at each company, aiding in a more prompt and precise analysis of layoff patterns. These updates may lead to noticeable shifts in the reported figures.

Companies with unverified employee numbers, not meeting the required verification standards, are marked as “unclear” to maintain data integrity. The approach ensures that the tracker provides the most reliable information available concerning job cuts in the tech sector.

Methodology

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