How many tech startup layoff events will be recorded in July 2022?

Started Jun 23, 2022 04:00PM UTC
Closed Jul 27, 2022 12:59PM UTC

Topics

Science & Technology

Seasons

2022 Season

Amidst fears of a recession, rising interest rates, and a declining stock market, May 2022 saw the number of tech startup layoffs rise to levels not seen since May 2020, according to layoffs.fyi (Quartz, TechCrunch, Fortune). Layoffs.fyi is a crowdsourced data aggregator tracking tech startup layoffs since the beginning of the COVID-19 pandemic. Thus far, layoffs.fyi has recorded the following numbers of "New Layoff Events" in 2022:

Jan: 4
Feb: 9
Mar: 17
Apr: 26
May: 75
June: 118 (in progress)

This question will resolve on 1 August 2022 at 9:00 AM EDT using the total number of new layoff events in the month of July on layoffs.fyi. The list of layoff events in July can be seen on the "Companies w/ Layoffs" tab:

Select the "filter" button
Click "+ Add condition" and set the following: "Date" "is on or after" "exact date" "7/1/2022"
Click "+ Add condition" and set the following: "Date" "is on or before" "exact date" "7/31/2022"
Ensure that the "Exclude public companies" box is unchecked
The number of layoffs is the number of unique records listed at the bottom of the "Company" column.

Historical numbers of layoff events in each month can be seen by selecting the "Layoff Charts" tab and hovering your cursor over the relevant blue bar in the chart "New startup layoffs since COVID-19 (by month)".