December 2022. While layoffs have been plaguing both US and International markets for some time now. The most recent layoffs hit workers across the globe as we approached the holiday season. And while there is never a good time to be laid off from a job it's always unpopular during the end of the year with the New Year, ōmisoka, Christmas, Hanukkah, Kwanzaa, and many other international holidays being celebrated, it makes it extremely difficult to enjoy the holidays.
But why are these layoffs happening? There are a number of reasons that have been cited by companies such as overhiring following the pandemic, failure to secure funding, and a downturn in the economy.
Currently, I'm tracking 55 companies with layoffs in December of 2022 and while the number of affected employees is well over 5000 (just from what I'm tracking).
Companies with layoffs in December 2020
- Lendis - On Dec 21, 2022 50% of employees were laid off
- TuSimple - On Dec 21, 2022, 350 employees were laid off
- Briz - On Dec 20, 2022, 26 employees were laid off
- Zhihu - On Dec 20, 2022 10% of employees were laid off
- Health IQ - On Dec 19, 2022, 700 employees were laid off
- Xiaomi - On Dec 19, 2022 an undisclosed number of employees were laid off
- Autograph - On Dec 16, 2022 an undisclosed number of employees were laid off
- SonderMind - On Dec 16, 2022 15% of employees were laid off
- BigCommerce - On Dec 15, 2022 13% of employees were laid off
- Apollo - On Dec 15, 2022 15% of employees were laid off
- Freshworks - On Dec 15, 2022, 90 employees were laid off
- ChowNow - On Dec 14, 2022, 140 employees were laid off
- Headspace Health - On Dec 14, 2022, 50 employees were laid off
- Quanergy Systems - On Dec 14, 2022, 72 employees were laid off
- Komodo Health - On Dec 13, 2022, 78 employees were laid off
- Edgio - On Dec 13, 2022, 95 employees were laid off
- Pluralsight - On Dec 12, 2022, 400 employees were laid off
- Freshly - On Dec 12, 2022, 329 employees were laid off
- Balto - On Dec 12, 2022, 35 employees were laid off
- Convene - On Dec 10, 2022, 50 employees were laid off
- Autobooks - On Dec 10, 2022, 40 employees were laid off
- Outschool - On Dec 10, 2022, 74 employees were laid off
- C2FO - On Dec 09, 2022, 20 employees were laid off
- ZenLedger - On Dec 09, 2022 10% of employees were laid off
- Bsquare - On Dec 08, 2022 20% of employees were laid off
- TechTarget - On Dec 08, 2022, 60 employees were laid off
- CyCognito - On Dec 08, 2022, 30 employees were laid off
- BlackLine - On Dec 08, 2022, 95 employees were laid off
- Armis Security - On Dec 08, 2022, 25 employees were laid off
- Blue Apron - On Dec 08, 2022 10% of employees were laid off
- Baakt - On Dec 08, 2022 15% of employees were laid off
- Airtable - On Dec 08, 2022, 254 employees were laid off
- Zywave - On Dec 07, 2022 an undisclosed number of employees were laid off
- Plaid - On Dec 07, 2022, 260 employees were laid off
- Lithic - On Dec 07, 2022, 27 employees were laid off
- Integral Ad Science - On Dec 07, 2022, 120 employees were laid off
- Relativity - On Dec 07, 2022, 150 employees were laid off
- CircleCI - On Dec 07, 2022 17% of employees were laid off
- Motive - On Dec 07, 2022, 237 employees were laid off
- Doma - On Dec 06, 2022, 515 employees were laid off
- BuzzFeed - On Dec 06, 2022, 180 employees were laid off
- Chipper Cash - On Dec 06, 2022, 50 employees were laid off
- Weedmaps - On Dec 06, 2022, 175 employees were laid off
- Nextiva - On Dec 06, 2022 17% of employees were laid off
- Zuora - On Dec 06, 2022 11% of employees were laid off
- OneStudyTeam - On Dec 06, 2022 25% of employees were laid off
- Stash Financial - On Dec 06, 2022, 32 employees were laid off
- Adobe - On Dec 06, 2022, 100 employees were laid off
- Aqua Security - On Dec 05, 2022, 65 employees were laid off
- Route - On Dec 05, 2022 an undisclosed number of employees were laid off
- Elemy - On Dec 05, 2022 an undisclosed number of employees were laid off
- Polly - On Dec 02, 2022, 47 employees were laid off
- Lora DiCarlo Inc. - On Dec 02, 2022 100% of employees were laid off
- BloomTech - On Dec 01, 2022, 88 employees were laid off
- Bizzabo - On Dec 01, 2022, 220 employees were laid off