Wondering which companies are laying off employees? The tech industry has been seeing a wave of layoffs, affecting well-known brands like Amazon, Meta, Microsoft, Netflix and Shopify. These layoffs are in response to worries about sluggish economic development, rising interest rates, and soaring inflation. So where should you not focus your recruiting efforts right now? We’ve compiled a list of companies who have initiated notable layoffs or have frozen hiring so you know where to channel your valuable job search energy.
To make things easy for you, we have classified employers into two categories:
- Hiring Freeze – Companies have initiated a hiring freeze
- Laying off – Companies are actively laying off
With more than 120,000 tech jobs lost this year, there is added competition for jobs openings. Be sure your resume is in tip-top shape and that you follow our non-sleazy networking plan.
Have information on the hiring status at more companies? Or have you experienced something different than our rating system signifies? Write us and let us know!
Note: This list refers to white-collar jobs, not frontline roles. We will continue to update this listing as more or different information becomes available. Bookmark this page and check back often!
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Which Companies Are Laying Off Employees:
|
Company |
Industry |
Hiring Status |
|
7-Eleven |
Retail |
Laying off |
|
Accenture UK |
Consulting |
Hiring freeze |
|
Alphabet |
E-commerce/Technology |
Laying off |
|
Amazon |
E-commerce/Technology |
Laying off Hiring freeze |
|
AMC Networks |
Media & Entertainment |
Laying off |
|
Better |
Real Estate |
Laying off |
|
Booking.com |
Travel & Leisure/Technology |
Laying off |
|
Carvana |
E-commerce |
Laying off |
|
Coinbase |
Technology/Crypto/FinTech |
Laying off |
|
Compass |
Technology/Real Estate |
Laying off |
|
Credit Suisse |
Finance |
Laying off |
|
Discovery |
Media & Entertainment |
Laying off |
|
DoorDash |
Technology |
Laying off |
|
Dow |
Manufacturing |
Laying off |
|
FedEx |
Transportation/E-Commerce |
Laying off |
|
Gannett |
Media |
Laying off |
|
Gap |
Retail |
Laying off |
|
GoHealth |
Healthcare |
Laying off |
|
Gopuff |
E-commerce |
Laying off |
|
Groupon |
E-commerce |
Laying off |
|
H&M |
Retail |
Laying off |
|
Hello Fresh |
Retail |
Laying off |
|
HP |
Manufacturing/Technology |
Laying off |
|
IBM |
E-commerce/Technology |
Laying off |
|
Invitae |
Healthcare/Technology |
Laying off |
|
JPMorgan |
Financial Services/Technology |
Laying off |
|
Lyft |
Technology |
Laying off |
|
Meta |
Technology |
Laying off |
|
Microsoft |
Technology |
Laying off |
|
Netflix |
Media & Entertainment |
Laying off |
|
Noom |
Technology |
Laying off |
|
OneTrust |
Cybersecurity |
Laying off |
|
Opendoor |
Technology/Real Estate |
Laying off |
|
Oracle |
Technology |
Laying off |
|
Peloton |
Manufacturing/Technology |
Laying off |
|
Redfin |
Technology/Real Estate |
Laying off |
|
Reef |
Technology |
Laying off |
|
ReMax |
Technology/Real Estate |
Laying off |
|
Rivian |
Auto |
Laying off |
|
Robinhood |
Technology/FinTech |
Laying off |
|
Salesforce |
Technology |
Laying off |
|
SAP |
Technology |
Laying off |
|
Shopify |
Technology |
Laying off |
|
Snap |
Technology |
Laying off |
|
Stripe |
Technology |
Laying off |
|
Thrasio |
Technology |
Laying off |
|
Twilio |
Technology |
Laying off |
|
|
Technology |
Laying off |
|
VF Corp |
Retail |
Laying off |
|
Vimeo |
Technology |
Laying off |
|
Vroom |
Auto, e-commerce |
Laying off |
|
Walmart |
Retail |
Laying off |
|
Walt Disney |
Media & Entertainment |
Laying off |
|
Warner Bros |
Media & Entertainment |
Laying off |
|
Wayfair |
Retail/Technology |
Laying off |
|
Wells Fargo |
Financial Services |
Laying off |
|
Zillow |
Real Estate/Technology |
Laying off |
You can see that there are a lot of companies right now pulling back hiring. Yet, past recessions have shown that consulting firms typically thrive during recessions. Why? Because enterprise companies are looking how to save money. How do find that out? They hire management consultants. Yet, it can mean that with fewer jobs, there is a larger candidate pool, which results in increased competition for those coveted consulting roles. Don’t delay in getting ready! Not sure where to start? Don’t worry, we’ve got you covered. Start here with our Free Case Interview Prep Guide.
Happy job hunting! If you have a question about your specific situation, contact us. We’re happy help!
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