Layoffs in the tech sector are accelerating. It took exactly three weeks for tech layoffs to surge to 300,000, according to our Layoff Tracker. Since late January, when the tracker hit 200,000 layoffs, another 100,000 job eliminations have been announced or completed. In contrast, it took five weeks for layoffs in the tech industry to hit the 200,000 mark, and four months for layoffs to hit 100,000 last December. The total number of layoffs since we began tracking since the financial crisis began in late August is 300,093.
The past few weeks have particularly brutal for the technology space, with substantial layoffs announced by Pioneer (10,000), Cisco (3,000), Panasonic (15,000), NEC (20,000), Electronic Arts (1100) and AOL (700). Even Bloomberg and The Wall Street Journal, who both managed to avoid layoffs in the past few months, were forced to make cuts to their workforces. And Google, who was immune to layoffs until late January, continued giving pink-slips in the past three weeks with the company’s exit from radio. Sadly, a few start-ups weren’t able to weather the storm, with eBaum’s World cutting all of its workforce.
Obviously the tech industry is not immune to the current economic climate, and if the past three weeks are any indication, things could still get worse for the tech space before they get better. Maybe that economic stimulus plan will help turn the tide.
If you know of any layoffs at a tech company, please submit a tip with the name of the company and number of layoffs. If it’s been covered, also send a link to the blog post or news article. (For who is hiring, check out our job board).
Below is a list of late January and February layoffs from our tracker:
| Company | Date | Location | # | % | Source |
| Sapient | February 14, 2009 | BANGALORE | 300 | 8% | THE TIMES OF INDIA |
| Google (Audio Ads) | February 12, 2009 | Mountain View, CA | 40 | Google Blog |
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| Pioneer | February 12, 2009 | worldwide | 10,000 | 25% | Reuters |
| Nokia | February 12, 2009 | Finland | 625 | Business-Standard |
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| AMCC | February 12, 2009 | 100 | 17% | Yahoo |
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| NetApp | February 9, 2009 | USA | 480 | 6% | U. K. Register |
| Cisco | February 5, 2009 | San Jose, CA | 3,000 | 4% | BusinessWeek |
| Wall Street Journal, News Corp. | February 5, 2009 | New York, NY | 14 | 2% | PaidContent.org |
| LA Times, The Tribune Co. | February 5, 2009 | Los Angeles, CA | 300 | LA Times |
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| About.com | February 5, 2009 | New York, NY | 19 | 10% | Rueters |
| Panasonic | February 4, 2009 | Tokyo, Japan | 15,000 | 5% | Bloomberg |
| THQ | February 4, 2009 | Agoura Hills, CA | 600 | 24% | SIlicon Alley Insider |
| Electronic Arts | February 3, 2009 | Redwood City, CA | 1,100 | 11% | TechTrader Daily |
| Bloomberg | February 3, 2009 | New York, NY | 100 | Reuters |
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| The Walt Disney Co. | January 31, 2009 | New York, NY | 200 | 5% | LA Times |
| eBaum’s World | January 31, 2009 | San Francisco, CA | 13 | NewTeeVee |
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| Broadcom | January 30, 2009 | Worldwide | 200 | 3% | scoalTECH |
| NEC | January 30, 2009 | Wordwide | 20,000 | 7% | NYT |
| Zazzle | January 30, 2009 | Redwood City, CA | 40 | 15% | TechCrunch |
| Freescale | January 30, 2009 | Worldwide | 2,400 | 10% | Austin American Statesman |
| Hitachi | January 30, 2009 | Worldwide | 7,000 | BBC |
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| Sierra Wireless | January 29, 2009 | Vancouver, BC | 56 | 10% | Fierce Wireless |
| Teradyne | January 29, 2009 | North Reading, MA | 532 | 14% | Boston.com |
| Toshiba | January 29, 2009 | Tokyo, Japan | 4,500 | EETimes |
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| Nexon Games | January 28, 2009 | Vancouver, BC, Canada | 90 | 100% | Gamasutra |
| AOL | January 28, 2009 | New York, NY | 700 | 10% | TechCrunch |
| Citrix | January 28, 2009 | 10% | Reuters |
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| SAP | January 28, 2009 | Walldorf, Germany | 3,000 | 6% | SAP |
| Parametric Technology Corp (PTC) | January 28, 2009 | 250 | 5% | Reuters.com |
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| Skyworks | January 28, 2009 | Woburn, MA | 150 | 4% | StreetInsider.com |
| Wilson Sonsini Goodrich & Rosati | January 27, 2009 | Palo Alto, CA | 113 | 8% | LAw.com |
| STMicroelectronics | January 27, 2009 | 4,500 | EETimes |
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| IBM | January 26, 2009 | Armonk, NY | 2,850 | 1% | WSJ |
| Texas Instrument | January 26, 2009 | Dallas | 3,400 | 12% | EETimes |
| Sprint Nextel | January 26, 2009 | Overland Park, Kansas | 8,000 | 14% | Bloomberg |
| Philips | January 26, 2009 | Amsterdam, Netherlands | 6,000 | 5% | AP |
| Fox Interactive Media | January 26, 2009 | Los Angeles, CA | 100 | 5% | TechCrunch |
| Unisys | January 26, 2009 | Global | 1,300 | 4% | Computing.co.uk |
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