Weekly Viz 2022-11-07

Notable 2022 U.S. Tech Layoffs

The tech job market has been rough recently. We’ve seen more and more layoffs in last few months, and almost daily last week. News like Twitter laid off 50% of its workforce is really crazy. According to layoffs.fyi, there have been 700+ layoffs this year, with over 104k employees laid off. This week, I found a list of notable US tech layoffs in 2022 on Crunchbase and made a visualization.

My Visualization

This visualization is a bubble chart, showing layoffs by industries over time. Sizes of the bubbles indicate the size of the layoff.

Please notice that all the visualizations are designed for desktop view, so it is recommended to view them on a desktop device.

Dashboard link

Insights

• We see more layoffs entering the second half of 2022;
• Top industries with most layoffs are fintech, healthcare, ecommerce, and proptech;
• There are more layoffs from private companies, but generally layoffs from public companies are of larger size.

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