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Tech startup layoffs worldwide 2020-2022, by industry

Published by
Justina Alexandra Sava,
Jul 1, 2022
As of end-June 2022, the number of employees who had been laid off by tech startups in the transportation sector amounted to more than 20,000. Startups that operate in the travel, food, and finance sectors have also seen high levels of layoffs since 2020. Moreover, startups in the transportation, finance, and food spaces have witnessed the highest numbers of layoffs in 2022, likely due to the easing of the COVID-19 cases worldwide and a return to business as usual.

Number of tech startup employees laid off worldwide from 2020 to 2022, by industry

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