List: The 57 Biggest Tech Layoffs in 2022 including Amazon, Facebook, Apple, Google, and DoorDash

From seemingly never-ending supply change issues, lower spending, high gas prices, and a cratering stock market 2022 has been a horrible year for the global economy. Despite the U.S. Dollar being the strongest it’s been in a very long time, the United States hasn’t been impervious to economic issues.

Companies seeing their stock ticker symbols sink while profits shrink are doing their best to cut costs in preparation for uncertain times ahead. They can only restrict travel, freeze hiring, cut benefits, and break leases so much until they have to look at their headcounts to see where they can stay above water.

Tech Layoffs 2022

In particular, the tech industry has suffered as consumer spending and remote work has changed the landscape. From Facebook/Instagram to Peloton to Shopify to Amazon, some of the biggest technology companies have announced layoffs. Here’s a list of the 37 biggest layoffs (by number of people laid off) that have been announced this year. All numbers are approximate based on reported layoffs from available announcements or filings.

Biggest Tech Layoffs 2022
Company Layoff Month
Meta 11,000 Nov
Amazon 10,000 Nov*
Better.com 5,000 Several
Peloton 4,100 Feb
Carvana 4,000 Nov
Cisco 4,000 Nov
Twitter 3,700 Nov
Cazoo 3,500 Jun
GoPuff 2,200 Oct
Crypto.com 2,000 Oct
Microsoft 1,800 Jul
Redfin 1,310 Nov
Snapchat 1,280 Aug
DoorDash 1,250 Nov
Ola 1,200 Sept
Robinhood 1,120 Aug
Lacework 1,100 May
Coinbase 1,100 Jun
Noom 1,095 April
Stripe 1,050 Nov
Salesforce 1,000 Nov
Shopify 1,000 Jul
OneTrust 950 Jun
Wayfair 870 Aug
Rivian 840 Jul
GoHealth 800 Aug
Twilio 800 Sep
Lyft 760 Nov
Reef 750 May
Klarna 700 Sept
DocuSign 671 Sept
Vroom 670 Aug
HelloFresh 611 Oct
Gannett 600 Dec
Opendoor 550 Nov
GroupOn 500 Aug
Noom 500 Oct
Netflix 450 May
Hootsuite 400 Aug
Cerebral 400 Oct
MindBody 400 Oct
Juul 400 Nov
Zendesk 350 Nov
UnAcademy 350 Nov
Zillow 300 Oct
Nuro 300 Nov
Booking.com 225 Nov
Unity 200 Jun
Beyond Meat 200 Oct
Roku 200 Nov
PolicyGenius 170 Jun
Chime 160 Nov
Asana 144 Nov
Upstart 140 Nov
Dapper Labs 135 Nov
StockX 120 Jun
MasterClass 120 Jun
TikTok 100 July
Patreon 80 Sept

Companies started to tighten their belts earlier in the year as restructurings and workforce reductions but really accelerated the second half of the year as straight layoffs. Tthe vast majority of the major layoffs from the bigger-name recognizable companies occurring in August and September, but really peaked (so far) in October and November especially with Meta laying off 11,000 of their members and Salesforce – San Francisco’s biggest employer – going through a rare wave of layoffs.

In October and a week into November, Meta, Salesforce, Stripe, GoPuff and Twitter announced layoffs that totaled nearly 20,000 tech employees alone. With continued uncertainty about how the economy will recover this may not be the worst of the layoffs.

What About Google, Amazon and Apple?

The remaining big (HUGE) tech companies like Google, Amazon, and Apple haven’t announced any large workforce reductions. Google recently released earnings that showed weakness in their business and their CEO is looking to cut costs by 20% that could include layoffs in the future.

* Despite reports of layoffs from Amazon, they’re not confirmed. This may be due to a comment made during their earnings call, the big tech company mentioned that it’s adding jobs at the slowest rate in years. Amazon was relying on natural attrition to shrink its staff across all levels The Mercury News reported that Amazon now has about 100,000 fewer employees than in the previous quarter.

The e-commerce giant’s bottom line is most directly connected to consumer spending, so if the populace is being laid off and anxious about their money, it’s a matter of time before Amazon has to respond to ensure their viability and profits. Update: Amazon announces biggest layoffs.

Apple seems to be the best positioned to make it out of this mostly intact though Apple can certainly expect to see fewer people upgrading their $1000 iPhones in a recession.

If all the different economic factors continue trending downward, we wouldn’t be surprised to hear these larger companies announcing layoffs.

Thanks to Protocol and Layoffs.FYI for the all the great research they’ve done chronicling (and doing the math) on the tech layoffs this year. Highly recommend checking out their comprehensive coverage.

Tagged : / / / / / / /

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.