Tech Layoffs Looming? Analyst Predicts Over 330k Workforce Cuts in Technology Sector

A young Black woman leads her team in a project meeting

By

INTOO Staff Writer

Categories

Tech Layoffs Looming

Just a year ago, the tech world was dominated by unicorns — VC-backed startups that skyrocketed to $1B+ valuations. Today, amidst rumors of more tech layoffs, Silicon Valley is a place where “there is definitely an era of reckoning,” and “reality is setting in.”

Those words were spoken by prominent tech investor, Chris Sacca, on the gloomy turn of events within just the past year for the tech industry, and he’s not the only one describing the scenery.  January’s tech headlines and analyst predictions all point to a likely outcome–more layoffs. And they’re getting specific: Tech Layoffs 2015 2014 Related: Intoo Webinar | 3 Keys to Protecting Your Brand in a Downsize – Lessons from the Tech Industry As this week’s USA Today write-up points out, 2015 turned out quite differently from how it had started. Referencing a recent study by PWC and the National VC Association, the article argues 2015 was a year of stark contrast: Although 2015 was a banner year in tech investing–the second largest year in tech investments in the past two decades–the end of 2015 marked one of the smallest investment quarters since Q3 of 2014. We’ve been on Bubble Watch since late last year, keeping an eye on devaluations and tech layoffs from companies of all sizes, as well as the rhetoric passed back and forth by popular tech figures weighing in on the existence and potential magnitude of a tech bubble burst. Bubble or not, we can all agree that the recent closures, the shakeups in executive leadership, and the belt-tightening around VC funds are all cause for concern. What can tech companies do now to prepare for a potential reduction in force? Here are a few resources to get started:
INTOO Staff Writer

INTOO staff writers come from diverse backgrounds and have extensive experience writing about topics that matter to the HR and business communities, including outplacement, layoffs, career development, internal mobility, candidate experience, succession planning, talent acquisition, and more.

Learn how to effectively build and transition your workforce.

Latest Posts

How to Influence Change in the Workplace
How to Influence Change in the Workplace

Influencing change is an essential skill in today’s evolving workplaces. Whether you want to introduce new ideas, improve processes, or shift company culture, knowing how to gain support and navigate obstacles can make all the difference. This article explores why...

Peak Performance Masterclass Awarded Gold Globee®
Peak Performance Masterclass Awarded Gold Globee®

INTOO is proud to announce that it has been named a winner of a Gold Award at the 10th Annual Globee® Awards for Achievement, a distinguished program honoring outstanding achievements in business by companies based in the United States. The Peak Performance...

How to Utilize Career Mapping Effectively 
How to Utilize Career Mapping Effectively 

Career mapping is gaining traction for a reason—it’s a powerful strategy for building an agile, motivated, and future-ready workforce. By providing employees with clearly defined paths for advancement and skill development, organizations can foster a culture of...

How to Achieve Organizational Goals in 2025
How to Achieve Organizational Goals in 2025

Reaching company goals takes more than just writing them down. It requires a thoughtful, strategic approach that connects these goals to every part of the business—operations, culture, and leadership. It’s not just about what you want to achieve, but why it matters...

How to Make a Successful Career Pivot
How to Make a Successful Career Pivot

In today’s fast-changing world of work, the idea of staying in one role or industry for an entire career is becoming less common. Many professionals are choosing—or being forced—to shift directions in search of greater fulfillment, new challenges, or more sustainable...

What Are Gray-Collar Jobs? 
What Are Gray-Collar Jobs? 

You’ve heard of white-collar jobs and blue-collar jobs. But what about gray-collar jobs? It’s the job category no one talked about a few years ago—and now, it’s dominating the U.S. workforce. According to the Bureau of Labor Statistics, the fastest-growing occupations...

INTOO’s Peak Performance Masterclass Wins Best New B2B Service
INTOO’s Peak Performance Masterclass Wins Best New B2B Service

INTOO was named the winner of a Bronze Stevie® Award in the New Product & Service - Business-to-Business Services category in The 23rd Annual American Business Awards® on Thursday. More than 3,600 nominations from organizations of all sizes and in virtually every...

Human Capital Management in 2025
Human Capital Management in 2025

As we move further into 2025, human capital management (HCM) continues to evolve in response to technological advancements, shifting workforce expectations, and an increased focus on employee well-being.  Organizations are rethinking how they attract, develop, and...

Managing Company Downsizing in 2025 
Managing Company Downsizing in 2025 

Company downsizing is one of the most challenging decisions businesses face, yet it has become increasingly common in today’s volatile economic and technological landscape. As organizations navigate the complexities of 2025—economic fluctuations, trade tariffs,...

Subscribe to our newsletter!

Learn about career solutions and trends that matter to the HR community.