Career

Biggest Layoffs in 2023

Great Learning Team

June 26, 2022

Netflix laid off around 300 employees in the 2nd round of layoffs in 2022. During the first round, around 150 employees were laid off, mainly in the U.S across departments.

Netflix

Source: India Today

Microsoft had 1800 job cuts in 2022 which affected various groups including consulting and customer and partner solutions and were dispersed across geographies.

Microsoft

Source: Business Standard

Popular ed-tech company Vedantu, which has a total of 5900 employees, has laid off around 424 employees in 2022 which is around 7% of its worforce.

Vedantu.

Source: India Today

In 2022, Unacademy laid off nearly 600 employees(about 10 per cent of its 6,000-strong workforce) as part of performance improvement programme (PIP).

Unacademy

Source: India.com

Cars24, a marketplace for used cars, has laid off about 600 people just months after closing a $400 million financing round in an attempt to steer through the gloomy market conditions.

Cars24

Source: ET

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