Weekly Viz 2023-11-20
Tech Layoffs 2022-2023
Tech industry hasn’t been good since last year with layoffs everywhere. This week, I am revisiting layoffs.fyi for layoff numbers and trend.
My Visualization
The visualization has three bar charts – # employees laid off, # companies with layoffs, and avg layoff size from top to the bottom.
Please notice that all the visualizations are designed for desktop view, so it is recommended to view them on a desktop device.
Insights
- Layoffs have been declining since 2023, however, it is still higher than the early 2022 level;
- The average layoff size is ~100 employees and has been stable in the past six months.
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