9 Biggest Layoffs in 2023

[{"selector":"#anim-98008e13-551c-4577-807d-aaf40bd48e44","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c8337fa-eeff-4414-9a31-24175a4ffe06","keyframes":{"transform":["translate3d(-94.61884%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Image Credits: Google

1. Meta:

[{"selector":"#anim-18f6c347-36a7-439d-8948-c6233398c84b","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e424079b-576a-4949-a89c-635eebe34816","keyframes":{"transform":["translate3d(-94.61884%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be1c0bf5-8878-4392-9f43-ec27cfd9b94e","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c2b9a1f-9726-46e3-9596-5f630ca38d4b","keyframes":{"transform":["translate3d(0px, 527.40726%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a458fd8-be94-455b-8b97-ae214ed69986","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f2bef3e-3b79-41f7-908d-8097a55062c3","keyframes":{"transform":["translate3d(0px, 180.59471%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Meta, the parent company of Facebook, announced in January 2023 that it would be laying off 10,000 employees. This represented about 3% of the company's global workforce. Image Credits: Google

2. Lyft:

[{"selector":"#anim-d149acb8-cad4-4bbd-831a-5911cdd3bcd7","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dd6514d0-ec53-49c3-b2f7-b59c04606ae7","keyframes":{"transform":["translate3d(-94.61884%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-907b35b7-0910-446d-8191-29f05b7e095a","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba495518-b803-4def-b2c7-c087a17d86a9","keyframes":{"transform":["translate3d(0px, 527.40726%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-93b0de10-1a00-46f1-b7b2-58eb2863fcfa","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d0441be1-13ac-46ae-be4e-5618366a36b9","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Lyft, the ride-sharing company, announced in May 2023 that it would be laying off 1,000 employees. This represented about 12% of the company's workforce. Image Credits: Google

3. Coinbase:

[{"selector":"#anim-39fe48be-8e72-450e-afe2-9c84c68cddf0","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c87c5d0-26d3-4b83-8bfc-89ec020f147c","keyframes":{"transform":["translate3d(-94.61884%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f77d0dd5-6ee5-4de2-8479-83b7aa34db25","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e21bf189-90a2-4f55-9ae9-42671626eb5c","keyframes":{"transform":["translate3d(0px, 527.40726%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-364c4705-6e1f-42ec-a16f-bd92962b9b77","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6edf297d-2e3e-4dea-a193-801ef509c3dd","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Coinbase, the cryptocurrency exchange, announced in June 2023 that it would be laying off 1,100 employees. This represented about 18% of the company's workforce. Image Credits: Google

4. SAP:

[{"selector":"#anim-c438762c-f7cc-4183-89cf-1b9636fa1dc0","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a9d5eda4-9f73-4c55-a28f-9b22edf0e68e","keyframes":{"transform":["translate3d(-94.61884%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24e9d674-e0e4-47f7-9257-b822a0dbd1cd","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8d91ce5d-58bb-4d92-8e60-b68c99181913","keyframes":{"transform":["translate3d(0px, 527.40726%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5ab570a6-6da0-4dce-8ac4-07080304920a","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d481fd89-78ab-478a-b128-ee5497871de7","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] SAP, the software company, announced in January 2023 that it would be laying off 3,000 employees. This represented about 2.5% of the company's global workforce. Image Credits: Google

5. PayPal:

[{"selector":"#anim-9c6b187f-a718-4fc9-a7f9-0054130694d2","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8079cf6b-d320-4a67-bb78-faf7c9140213","keyframes":{"transform":["translate3d(-94.61884%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d9eef49d-3dd0-4c2a-9515-22a36d8d9b55","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a10ab93-74e1-4f4d-94b4-8cbf98931612","keyframes":{"transform":["translate3d(0px, 527.40726%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5017445-e52f-4008-a83f-4834a2489b04","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94f35499-8f9d-42e6-bd8d-35c6fddc2bc5","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] PayPal, the payments company, announced in January 2023 that it would be laying off 2,000 employees. This represented about 7% of the company's workforce. Image Credits: Google

6. Wayfair:

[{"selector":"#anim-b72d5827-5827-4545-bad4-0cbcbe3d4959","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e9d50f0-836a-4f81-90ef-84474d1bea02","keyframes":{"transform":["translate3d(-95.96413%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-80663858-5518-4d9d-a56a-969deb333276","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-655a4db4-9cb9-402c-b039-8ee173bb64c7","keyframes":{"transform":["translate3d(0px, 534.07404%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb2a3bc8-a812-4936-9fdd-91fc5382d36f","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f89cce3c-3a04-445c-915c-7fd62bcbb197","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Wayfair, the online furniture retailer, announced in January 2023 that it would be laying off 1,750 employees. This represented about 10% of the company's workforce. Image Credits: Google

7. Niantic:

[{"selector":"#anim-d6308a81-c2f2-4249-a8af-1d5ab2b3f838","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5ab18a1b-e0e9-4214-86ca-f6cb1ca3f3ba","keyframes":{"transform":["translate3d(-95.96413%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1cc15085-ba12-457c-9277-6f351049485a","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a832a6c-9591-48da-9d9f-38277ff3fe79","keyframes":{"transform":["translate3d(0px, 534.07404%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b77ea3c1-d63f-4d55-bc52-e07bacf4a338","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e0677fa-8833-46f6-9523-b6b5f537b328","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Niantic, the developer of the Pokémon Go mobile game, announced in July 2023 that it would be laying off 8% of its workforce. This represented about 85 employees. Image Credits: Google

8. FibroGen:

[{"selector":"#anim-6992c4ba-1f48-4ec4-b883-c2c220a9c40e","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd782a5c-6fbc-4b8d-8807-9d29011e1af1","keyframes":{"transform":["translate3d(-95.96413%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-38b78da7-34e9-4104-baa3-f0729647877d","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c32b86aa-9553-4c61-8cd5-fb90ff47866f","keyframes":{"transform":["translate3d(0px, 534.07404%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5ee73a8f-131c-48cd-a55e-4a681b5d66cf","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26f6be7d-e765-48a4-a8f4-250710a6dd24","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] FibroGen, a biotechnology company, announced in July 2023 that it would be laying off 32% of its workforce. This represented about 300 employees. Image Credits: Google

9. Allina Health:

[{"selector":"#anim-59c2e219-aef1-4da8-a800-629d259e0459","keyframes":{"opacity":[0,1]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-366e4b05-751a-48f2-916e-3d8e0261baac","keyframes":{"transform":["translate3d(-95.96413%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f37aab0e-895f-4caf-b43f-13c8a0175741","keyframes":{"opacity":[0,1]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c237ffa0-e5ec-4c4a-98ab-f04f7ea1fe1d","keyframes":{"transform":["translate3d(0px, 534.07404%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-867500f3-792c-489d-bd8c-2999219d439c","keyframes":{"opacity":[0,1]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fdbe22bd-86fe-450d-a005-3a02dd7d8e05","keyframes":{"transform":["translate3d(0px, 183.41166%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Allina Health, a healthcare company, announced in July 2023 that it would be laying off 1% of its workforce. This represented about 350 employees. Image Credits: Google

Tap to Read

World’s 10 Most Horrifying Young Serial Killers 10 Nations With Highest Literacy Among Elementary Students