5 min read
Starting off the new year with layoffs: Our full list of Tech Layoffs in January 2023. Don’t miss out on the latest updates as the tech industry continues to undergo significant changes. From startups to big names, find out which companies are being impacted and what this means for the future of the tech job market.
| Company | Date | Details |
| Vimeo | January 4th | Announced on January 4, cutting 11% of its workforce. |
| Salesforce | January 4th | Announced on January 4 that it’s cutting 10% of its workforce, impacting more than 7,000 employees. A month later, some Salesforce employees had just found out they were also a part of the 10% layoff announcement. |
| Amazon | January 5th | Announced on January 5, eliminating more than 18,000 roles. This announcement extends a previously announced round of layoffs on November 22nd. On January 19, the company announced it would end AmazonSmile. |
| SuperRare | January 6th | The NFT marketplace is cutting 30% of its staff, announced on January 6. |
| Coinbase | January 10th | To cut 950 jobs, or about 20% of its workforce, and shut down “several” projects, announced on January 10. This is the second round of layoffs for the crypto exchange, which eliminated 18% of its workforce, or nearly 1,100 jobs last June. |
| Citizen | January 11th | Impacting 33 staff members on January 11. |
| Carta | January 11th | Announced on January 11, the equity management platform cut 10% of its staff. Judging by LinkedIn data, the layoff could have impacted around 200 employees. |
| Informatica | January 11th | Reported on January 11 that it will lay off 7% of its workforce, or 450 staffers globally. |
| DirectTV | January 12th | Announced on January 12 plans to lay off about 10% of its management staff on January 20. |
| Career Karma | January 12th | Learning navigation platform Career Karma laid off another 22 people on January 12 across its global and domestic workforce. |
| Greenlight | January 12th | The fintech startup offering debit cards to kids laid off 104 employees on January 12, or over 21% of its total headcount of 485 employees. |
| Instrisic | January 12th | Alphabet’s robot software firm, Intrinsic, is laying off 40 employees TechCrunch confirmed on January 12. Amounting to around 20% of the headcount. |
| SmartNews | January 12th | Announced on January 12 a 40% reduction of its U.S. and China workforce, or around 120 people. |
| Sharechat | January 15th | Announced on January 15, ShareChat laid off 20% of its workforce — or over 400 employees — just a month after eliminating more than 100 roles. |
| Clearco | January 17th | Announced on January 17, impacting 30% of staff across all teams. |
| GoMechanic | January 18th | Laid off 70% of its workforce on January 18. |
| Microsft | January 18th | As announced on January 18, 10,000 employees will be impacted. |
| Sophos | January 18th | Announced on January 18, 10% of its global workforce, about 450 people were let go. |
| Swiggy | January 20th | Announced plans to lay off 380 jobs on January 20 and shut down its meat marketplace. |
| Fandom | January 20th | The entertainment company announced an unspecified number of employees impacted across multiple properties on January 20. According to a report by Variety, the company employs around 500 people, and the layoffs have affected roughly 10% of its staff across different sites. |
| Alphabet | January 21st | Google’s parent company announced laying off 6% of its global workforce on January 21, equating to 12,000 employees. These cuts impact divisions such as Area 100, the Google in-house incubator, and Alphabet’s robotics division, Intrinsic. |
| Spotify | January 23rd | Announced on January 23, impacting around 6% of its global workforce — around 600 employees. |
| Waymo | January 24th | The self-driving technology unit under Alphabet quietly laid off workers on January 24, according to The Information and several posts on LinkedIn and Blind. It’s not yet clear how many of Waymo’s staff will be affected. |
| Arrival | January 30th | Announced on January 30, with a newly appointed CEO, slashing 50% of its workforce — 800 employees globally. |
| PayPal | January 30th | As announced on January 30, about 2,000 full-time employees, or 7% of its workforce, were affected. |
| Impossible Foods | Reportedly affecting 20% of its staff, over 100 employees, Bloomberg reported first. | |
| Groupon | January 31st | Impacting another 500 employees announced on January 31. The company said this new set of layoffs will be spread across the first two quarters of 2023. |
| NetApp | January 31st | Announced on January 31, impacting 8% of its staff — about 960 people. |
| SoFi Technologies | January 31st | Announced on January 31, cutting 65 jobs, or about 5% of its 1,300-person workforce. First reported by The Wall Street Journal. |
The tech industry is once again facing the difficult reality of job cuts as companies adjust to changing market conditions and economic uncertainty. Our list of tech layoffs in January 2023 highlights the companies that are being impacted and the reasons behind the cuts. While the news may be unsettling, it’s important to remember that the tech industry has always been dynamic and ever-evolving. As employees, we can take steps to protect ourselves by staying informed, developing new skills, and building a strong network of professional contacts. Ultimately, the industry will continue to evolve, and while layoffs are undoubtedly difficult, they are also an opportunity for new beginnings and growth.
