70 Layoff Statistics 2025 — Yearly Data

As companies respond to changing market demands, technological innovations, and economic challenges, layoffs have increasingly become a critical factor impacting workforce stability. 

Approximately 172,012 employees were laid off from 1,220 companies across the United States. Notably, the tech sector was significantly impacted, with 141,076 layoffs attributed to 468 tech companies alone. 

In this article, we will go through more detailed information on current layoff trends, Layoffs over the years, and additional insights.

Layoff Statistics 2025 (Top Picks)

  • Approximately 1.5 million workers are laid off each month.
  • Over 172,012 employees were laid off from 1,220 companies in the United States​.
  • A total of 141,076 employees were laid off from 468 tech companies during this period.​
  • Job Cuts in America dropped to 49% in June 2023.
  • More than 224,503 employees in tech companies have been laid off in mass jobs in 2023.
  • 21% of companies are expected to lay off their employees.
  • 61% of adults between the ages of 18 and 34 reported that they dealt with tremendous pressure and lay-off anxiety.
  • Women are at a 25% lesser risk of getting laid off by companies. 

How Many People Get Laid Off A Year?

On average, around 1.5 million people are laid off each month in the U.S., translating to an estimated 18 million annually. 

This figure can be higher or lower depending on periods of economic recession or industry-specific challenges.

Source: Axios

How Many People Are Laid Off?

As of the latest reports, more than 172,012 employees were laid off across 1,220 companies in the United States alone this year.

Of that over, 141,076 employees were laid off from 468 tech companies alone. 

Number Of Employees Laid Off By Month

Here is a table displaying the tech layoffs recorded in 2024 by month:

MonthNumber Of Employees Laid Off
September 20243,765
August 202426,024
July 20249,051
June 202410,083 
May 202411,011
April 202422,423
March 20247,403 
February 202415,639
January 202434,107 

Source: WarnTracker, Layoffs.fyi.

Mass Layoffs In Recent Times

Major corporations have been laying off their workforce in recent times.

Here are some of the highlights from the layoff scenario around the globe.

  • Google’s parent company, Alphabet, laid off 12,000 people in January 2023. The Google layoffs are the company’s largest ever, accounting for 6% of the company’s global personnel.
  • Swedish tech giant Ericsson is laying off 8,500 employees globally as part of an $860 million cost reduction plan, marking the largest layoff round the company has undertaken in over five years.
  • Microsoft CEO Satya Nadella announced in a memo that the company is making changes that will result in 10,000 jobs being eliminated through the end of March 2023.
  • Amazon CEO Andy Jassy announced on January 4, 2023, via an internal memo, that the company plan to cut around 18,000 jobs globally in the corporate and technology sector.
  • Disney CEO Bob Iger announced on February 8, 2023, that the company plans to lay off 7,000 jobs. That is equivalent to more than 3% of the company’s global workforce.

Here is a table showing mass layoffs in 2023:

CompanyWorkforce Being Laid OffTime
ClickUp10%July 2023
Plex20%June 2023
Spotify2%June 2023
Taxfix20%May 2023
Shopify20%May 2023
LinkedIn3.6%May 2023
Nuro30%May 2023
Dropbox16%April 2023
ClubhouseOver 50%April 2023
Accenture2.5%March 2023
Y Combinator20%March 2023
Roku6%March 2023
Twitter10%February 2023
Disney3%February 2023
Zoom15%February 2023
Dell5%February 2023
PayPal7%February 2023
Hubspot7%February 2023
Twillo17%February 2023
Roomba7%February 2023
Spotify6%January 2023
IBM1.5%January 2023
Coinbase20%January 2023
Alphabet (Google)6%January 2023
Gemini10%January 2023
Microsoft5%January 2023
Amazon2%January 2023
Vimeo11%January 2023
Salesforce10%January 2023
Goldman Sachs8%January 2023

General Layoff Statistics

  • There were 15.4 million layoffs in the United States in 2022.
Layoffs In The United States Over The Years

Here is a table showing layoffs in the United States over the years:

YearLayoffs
201621.2 million
201721.6 million
201821.8 million
201921.8 million
202041.7 million
202117 million
202215.4 million
  • 40% of Americans reported that they have been laid off or terminated from their job at least once in their career. 
  • 48% of Americans claimed to have layoff anxiety.
  • It was reported that 28% of Americans had been laid off in the past two years.
  • The highest number of employees was laid out from the retail industry in the year 2022, while in the year 2021, the highest laid of employees was from the consumer industry.

Here is a table showing the number of tech startup employees laid off worldwide by industry:

Industry202220212020
Retail20,0141,0888,002
Consumer19,8563,6006,063
Transportation15,97720014,656
Healthcare15,05801,125
Finance12,89908,624
Food11,2882,6446,218
Real Estate9,9322,9003,699
Education8,7281,943685
Crypto8,263No Data Available91
Fitness5,54603,142
Infrastructure4,916160377
Travel1,637013,983
All Others25,9833,28814,333
  • Technology companies have overhired employees, and now the employees in the tech companies are at higher risk of getting laid off. 

Source: Zippia, Investopedia, CNBC, mondo, Statista. 

Layoff Statistics Over Time

The Layoff records over the past years indicate the statistics related to the upcoming numbers of layoffs in various industries.

Here are a few statistics related to layoffs over time. 

  • In the year 2009, due to the crash of the housing market, there were 11,824 layoff events in the US which led to a hard time for the residents. 
  • In the year 2005, there were only 884.6K separations and the least number of layoffs in recent years.
  • In August 2020, it was reported that there were 4.6 million job separations in the US.

The following table depicts the details of the layoff events and the separations in the jobs that occurred over the past years. 

YearSeparationsLayoff Events
20011.52M7,375
20021.27M6,337
20031.21M6,181
2004993.9K5,010
2005884.6K4,881
2006935.9K4,885
2007 965.9K5,363
20081.51M8,259
20092.10M11,824
20101.25M7,247
20111.11M6,596
20121.27M6,596
  • In the year 2005, the number of layoffs was less than 900,000.

Source: CNBC, Investopedia, Zippia, Layoffs.FYI. 

Industrial Layoff Statistics 

The significant impacts of layoffs are seen majorly in different industrial areas. Various industries are affected in different ways.

Here are a few statistics related to industrial layoffs that will help you to know the latest trends in the industry. 

  • It was reported that between the time period of June 2021 and June 2022, there were 7.736 million layoffs in the private industry. 
  • The industry that reported the most layoffs in the year 2022 was the one that provided professional and business services. It reported 2.12 million layoffs. 
  • There was 3% of the layoffs recorded in the arts, entertainment, and recreation industry, which had the highest layoff rate. 

The following table indicates the total layoffs recorded between June 2021 and June 22 in different industrial sectors: 

IndustryTotal Layoffs
Mining and logging24K
Construction783K
Accommodation and food services687K
Arts, entertainment, and recreation366K
Manufacturing603K
Durable goods323K
Leisure and hospitality1.05M
Health care and social assistance705K
Nondurable goods281K
Trade, transportation, and utilities1.46M
Educational services136K
Education and health services841K
Wholesale trade214K
Retail trade834K
Professional and business services2.12M
Real estate and rental and leasing80K
Transportation, warehousing, and utilities414K
Information159K
Finance and insurance160K
Financial activities241K

Source: Zippia, Investopedia, CNBC, Statista.

Regional Layoff Statistics 

Various regions are affected differently by the recession and layoffs. Some regions are highly affected and report an increase in the layoff numbers, while some regions reported a decrease in the layoff numbers.

Let us take a look at the regional statistics.

  • The Southern American region had the most layoffs between the years 2021 and 2022, which was reported to be 3.25 million. 
  • The least layoffs were reported from the northern region between the years 2021 and 2022, which accounted for 1.39 million layoffs. 
  • The midwest has the highest layoff rate of 1%, as of record in June 2022.
  • The southern part has layout rates that are twice compared to all other regions of the US.    
Regional Layoff Statistics

The following tale depicts the details of the layoffs that occurred in the years 2021 and 2022:

RegionTotal Layoffs
Northeast 1.39 million
South3.25 million
Midwest1.74 million
West1.79 million

Sources: CNBC, Investopedia, Zippia, Statista. 

Startup Layoff Statistics

Most layoffs occur in startup companies. Hence, startups are more vulnerable and at higher risk of being laid off. In the past years, not only were the employees laid off but the startup companies as a whole were reported to be laid off. Let us take a detailed look at the stats related to the startup layoffs.

  • The highest layoffs in the startup industry were observed in the second quarter of the year 2020, which led to the letdown of 60,000 new employees. 
  • Quarter two and quarter three of the year 2022 led to the layoff of 37,463 and 23,158, respectively. 

The following table indicates the number of layoff events and the layoffs reported in different quarters:

YearLayoffsLayoff Events
Q1 2020 9,628121
Q2 202060,122427
Q3 20209,69061
Q4 20201,50923
Q1 20216,92821
Q2 20212,6956
Q3 20212,1089
Q4 20213,2926
Q1 20229,82931
Q2 202237,463289
Q3 202223,158236
  • The most layoffs were reported from the food industry in the year 2022, which accounted for up to 10,000 employees losing their jobs. 
  • 28% of the startups in the food industry failed in the year 2022. 
  • The lowest layoffs were observed in the construction industry, with just 210 employees losing their jobs. 
  • It was reported that the layoffs between the year 2020-2022 decreased by 95% in the travel industry. 

The following table indicates the details about the layoffs observed in startups of various industries:

IndustryTotal Startup Layoffs
Food10,896
Transportation8,516
Construction210
Travel668
Consumer1,806
Retail6,385
Finance6,186
Fitness4,141
Crypto3,810
Education4,149
Real Estate5,505
Healthcare6,359
  • In the year 2020, there were 13,983 startups in the travel industry, while in the year 2022, only 668 startups survived. 
  • There are only 668 start-ups in the construction industry, amounting to the lowest number of startups.
  • As of the year 2022, 28% more startup failures were reported in the food industry than in the transportation industry. 

Source: Investopedia, Investopedia, Zippia Crunchbase news.

Layoff Statistics: Demographics

Layoff affects different age groups in unique ways. It also has different effects on the genders. The level of education that a person has completed indirectly affects his layoff chances due to the ability he possesses.

The following section includes some interesting statistics related to the demographic aspect of the layoffs. 

  • 61% of adults between the ages of 18 and 34 have layoff anxiety and deal with great pressure.  
  • There are 41% of adults above the age of 35 with layout anxiety. 
  • 51% of the employees in the age group of 18 to 34 reported that they felt unprepared for a layoff. 
  • It was reported that only 36% of the employees with a college degree were laid off. 
  • 45% of the mere reported being laid off, while only 36% of the women reported that they were laid off. 
  • 12% of the men have been laid more than two times.
  • Only 4% of the women reported that they were laid off more than two times. 
  • Men are 25% more likely to get laid off as compared to women. 
  • 53% of the employees with only a high school degree have been laid off. 
  • 52% of the employees with some college degrees have been laid off. 
  • 30% of the employees over the age of 55 feel unprepared to be laid off. 
  • Overall, 46% of the employees have reported that they are unprepared for being laid off. 

Sources: Zippia, Crunchbase news, CNBC, Statista. 

Tech Industry Layoff Statistics

The biggest layoffs were observed in the tech industry. With the emerging advances in technology and increasing demand for employees in tech companies, they often over-hire. This leads to the exposure of more tech employees to the risks of being laid off. Post covid there have been advancements in the hiring rates as well as an increase in the layoff rates.

Here are a few stats related to the layoffs in tech companies and their effect on the employees. 

  • It was reported that Meta has laid off 13% of the employees since the pandemic in the SF Bay Area. 
  • Amazon has laid off 3% of its employees from the Seattle region. 
  • 14% of Uber employees have been laid off from the SF Bay areas. 
  • 25% of the employees were laid off by Uber from Amsterdam.

Sources: Layoffs.FYI, CNBC.

Conclusion: On Average, 1.5 Million Employees Are Laid Off Every Month

The global job market encountered substantial challenges, particularly within the tech sector, which saw a significant number of layoffs. 

Major corporations such as Intel, IBM, and Cisco played a role in this trend, attributing the cuts to economic uncertainties and a strategic pivot toward artificial intelligence investments​.

This shift reflects broader industry adjustments as companies navigate the evolving landscape of technology and economic pressures.

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