Visualizing Layoffs At Prominent Startups Triggered By COVID-19

Layoffs at Prominent Startups Triggered by COVID-19

As the pandemic reverberates through almost every industry imaginable, tech startups are also feeling the pain.

Since mid-March, countless startups and unicorns have undergone layoffs.

Today’s infographic pulls data from Layoffs.fyi and navigates the cascading layoffs across 30 of the most recognizable startups in America. Each of the companies have slashed over 250 employees between March 11 and May 26, 2020—capturing a snapshot of the continuing fallout of COVID-19.

Silicon Valley Takes a Hit

Unsurprisingly, many of the hardest-hit startups are related to the travel and mobility industry.

Closing 45 offices, Uber has laid off 6,700 employees since mid-March. Uber CEO Dara Khosrowshahi, who was granted a $45M earnings package in 2018, announced he will also waive his $1M base salary for the remainder of the year.

Company # Layoffs % of Employees Industry
Uber 6,700 25% Transportation
Lyft 982 17% Transportation
Bird 406 30% Transportation
Airbnb 1,900 25% Travel
TripAdvisor 900 25% Travel
Sonder 400 33% Travel
TripActions 300 25% Travel
Magic Leap 1,000 50% Consumer
Yelp 1,000 17% Consumer
Juul 900 30% Consumer
Groupon 2,800 44% Retail
Deliv 669 100% Retail
B8ta 250 50% Retail
Toast 1,300 50% Food
ezCater 400 44% Food
Flywheel Sports 784 98% Fitness
MindBody 700 35% Fitness
Opendoor 600 35% Real Estate
WeWork 550 N/A Real Estate
Compass 375 15% Real Estate
ZipRecruiter 400 39% Recruiting
Glassdoor 300 30% Recruiting
Cvent 400 10% Marketing
Sojern 300 50% Marketing
KeepTruckin 349 18% Logistics
Samsara 300 18% Logistics
Eventbrite 500 45% Entertainment
Lending Club 460 30% Finance
Sage Therapeutics 340 53% Healthcare
Automation Anywhere 260 10% Other
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