Startup Layoffs 2022

Layoffs in startups are spiking again. In spite of a good jobs report this week, layoffs are climbing again. So far in Q2, 4,720 startup employees have lost their jobs in layoffs at 25 companies.  Roger Lee maintains layoffs.fyi, which does a good job of chronicling startup layoff events.

In this article, we will discuss:

  • New Startup Layoffs Since COVID-19
  • Cumulative Startup Layoffs Since Start of COID-19
  • Startup Layoffs by Industry Since COVID-19
  • Startup Layoffs by Location Since COVID-19
  • Biggest Layoffs Since COVID-19
  • Ten Most Recent Startup Layoffs

New Startup Layoffs Since COVID-19

Startup Layoffs since COVID-19

layoffs.fyi 

Cumulative Startup Layoffs Since Start of COVID-19

Startup Layoffs since COVID-19

layoffs.fyi 

Startup Layoffs by Industry Since COVID-19

Startup Layoffs since COVID-19 by Industry

layoffs.fyi 

Startup Layoffs by Location Since COVID-19

Startup Layoffs since COVID-19 by location

layoffs.fyi 

Biggest Layoffs Since COVID-19

Biggest Layoffs Since COVID-19

layoffs.fyi 

Ten Most Recent Startup Layoffs

Ten Most Recent Startup Layoffs

layoffs.fyi

Summary

The median value of SaaS companies dropped 24% in Q1. On Thursday, May 5th, the NASDAQ alone shed 5%. As Q1 earnings season gets into full swing in the next few weeks expect to see more downsizing as companies prepare for a rocky 2022.


Also published on Medium.

By John Mecke

John is a 25 year veteran of the enterprise technology market. He has led six global product management organizations for three public companies and three private equity-backed firms. He played a key role in delivering a $115 million dividend for his private equity backers – a 2.8x return in less than three years. He has led five acquisitions for a total consideration of over $175 million. He has led eight divestitures for a total consideration of $24.5 million in cash. John regularly blogs about product management and mergers/acquisitions.