Definition of Mass Layoff - Who is affected in 2022

By Wong Kon How

Definition of “Mass Layoff” -

When at least 50 employees are laid off within 30-days or less resulting in the laid-off employees equaling more than 1/3 of the company’s workforce

Workforce laid off in 2022:

• Twitter: 50% Nov 22

• Amazon: 1% Nov22

• Meta: 13% Nov 22

• Virgin Hyperloop: 50% Feb 22

• Candy Digital: 33% Nov 22

• Cameo: 25% May 22

• Bird: 23% Jun 22

• Superhuman: 22% Jun 22

• Snapchat: 20% Sep 22

• Opensea: 20% Jul 22

• …

Above source from mondo

I have included the links from the source, enjoy the read:

https://mondo.com/insights/mass-layoffs-in-2022-whats-next-for-employees/#:~:text=Companies%20with%20layoffs%20in%202022,laid%20off%20(November%2C%202022)

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