The Cloud 100: Who hasn't had layoffs?
Half of the 2022 Forbes Cloud 100 top private company list have conducted layoffs
Half of the top 100 private cloud companies (Forbes Cloud 100) have had layoffs in the past year.
The Forbes Cloud 100 is an annual ranking of the top private cloud / SaaS companies in the world.
How have these top tech startups fared in the current wave of layoffs?
According to our analysis using data from WARN records and @Layoffs.fyi:
- 48 of the 2022 Cloud 100 companies have had layoffs since the beginning of 2022
- 52 have not.
Among the most notable companies that have not done layoffs as of the time of writing:
Databricks, with 4000+ employees, ranked #2 on the Cloud 100 list
Canva, with 3000+ employees, ranked #3 on the Cloud 100 list
Figma, with 750+ employees, ranked #5 on the Cloud 100 list
Geography
Another interesting slice of this data: how are companies across different metro areas affected by layoffs?
48% (22 out of 46) Bay Area companies have had layoffs
38% (5 out of 13) New York companies have had layoffs
100% (4 out of 4) Seattle companies have had layoffs
20% (1 out of 5) Remote companies have had layoffs
Data Sets
Check out the post on our website to explore the data yourself: https://www.warntracker.com/blog/cloud-100-layoffs