Technology Layoffs Company List
Although the overall technology industry remains healthy, tech layoffs and job cuts continue — particularly within the hardware and traditional software markets. Here’s an ongoing list of technology industry layoffs and job cuts.
2017 Technology Industry Layoffs
- Cisco Systems confirmed plans for 1,100 layoffs in May 2017. That’s in addition to 5,500 job cuts announced in August 2016.
- Cognizant (CTSH) layoffs for March 2017 could involve 2,600 to 5,200 employee staff cuts, if annual norms hold true, according to reports.
- CompuCom will cut about 144 IT help desk and service desk positions by March 2017, according to a report.
- Ericsson layoffs may involve 25,000 employees, or 9 percent of workforce, according to August report.
- Hewlett Packard Enterprise (HPE) apparently plans to cut 5,000 positions, according to September 2017 report.
- HP Inc. in October 2016 confirmed plans to cut 3,000 to 4,000 positions from fiscal 2017 to 2019. The cuts will save the company about $200 million to $300 million starting in fiscal 2020. We don’t know how many of the 3,000 to 4,000 layoffs will actually occur in 2017. Updated February 8, 2017: Roughly 500 of the HP cuts will involve an inkjet cartridge plant in Ireland.
- IBM has had about two rounds of layoffs in 2017, though the company did not publicly disclose headcount figures impacted by the moves.
- Juniper layoff details.
- Lexmark in July 2017 confirmed plans t0 cut 700 employees, or 7 percent of the printer’s company workforce, over the next year.
- McAfee on Aug. 3 confirmed rumored layoffs. The July 2017 cuts involved fewer than 10 percent of employees.
- Microsoft in late January is expected to cut about 700 jobs. The staff cuts are part of a plan that the company disclosed in July 2016.
- Oracle in late January cut about 2,000 employees, according to multiple reports. The company reportedly trimmed its SPARC hardware and Solaris developer teams.
- Rackspace is cutting 6 percent of its U.S. staff and an undisclosed portion of its global staff, according to a company statement in early February 2017.
- Ricoh USA in April apparently began 5 percent layoffs.
- Rocket Fuel in January 2017 reorganized and cut 11 percent of its staff, or about 93 positions, to cut $20 million in operating expenses. Rocket Fuel promotes a predictive marketing platform.
- Seagate in January 2017 confirmed about 2,000 manufacturing job cuts in China. The cuts are part of a planned headcount reduction announced in 2016, the company said.
- Unisys in February 2017 confirmed plans for 178 staff cuts as part of a client services center relocation. The cuts will start in May 2017 and wrap up by December 2017, the company said.
2016 Technology Industry Layoffs
- Alphabet: The parent of Google is cutting 130 Google Fiber broadband employees, according to October 2016 reports.
- Angie’s List: The online marketplace in November 2016 hinted at layoffs and a potential company sale.
- AT&T: The telecom giant AT&T confirmed plans for “relatively modest” management staff cuts before the end of 2016.
- Apple: The company made some cuts to the Apple autonomous car project, according to reports.
- Automatic: The IoT company cut 28% of its staff in 2016.
- CenturyLink: The telecom giant CenturyLink confirmed plans to cut 8 percent of its workforce, or 3,500 employees, in September 2016.
- Cisco Systems: The networking giant Cisco Systems announced 5,500 job cuts and layoffs between July and September 2016 (which is Q1 fiscal 2017 for Cisco).
- Dell Technologies: After completing the EMC buyout in September 2016, the hardware giant cut 2,000 to 3,000 employees.
- EMC: The storage company made selected cuts ahead of Dell’s buyout of EMC, which was finalized in September 2016. Exact layoff figures weren’t disclosed.
- FairPoint Communications: Roughly 100 employees across Maine, New Hampshire and Vermont were cut in the last week of 2016.
- Google: See the Alphabet listing atop this page.
- HP Enterprise: The data center hardware provider HP Enterprise confirmed cuts in October as the company prepared to shift certain software assets to Micro Focus.
- HP Inc.: The PC and printer maker made about 3,000 job cuts in fiscal 2016. Then, the company announced plans for an additional 3,000 to 4,000 job cuts that will occur sometime between fiscal 2017 and 2019.
- IBM: Multiple rounds of IBM layoffs surfaced in 2016, but exact layoff figures weren’t disclosed.
- Infoblox Inc.: The security company Infoblox laid off 110 employees or about 12 percent of staff in June 2016.
- Intel: There were about 12,000 Intel job cuts and layoffs in 2016. Also, there are rumors of Intel Wearable Group Layoffs as of November 2016.
- Lenovo: The company’s Motorola Mobility business made cuts that impacted less than 2 percent of Lenovo’s overall worldwide headcount.
- Micro Technology: The memory chip maker Micron cut about 2,400 employees or about 7.5 percent of its staff in June 2016.
- NetApp: The storage provider NetApp had about 365 job cuts and layoffs in mid-2016, according to published reports.
- Quest Software: Dell’s sale of Quest Software to a private equity firm will likely be completed around November 2016. Rumors about Quest Software layoffs surfaced in October 2016.
- RigNet: The energy-focused MSP RigNet is cutting about 12 percent of its staff before the end of 2016.
- SevOne: The IT monitoring platform provider SevOne has had at least two rounds of layoffs this year, though actual figures were not disclosed.
- SpiceWorks: The IT monitoring company SpiceWorks cut about 12 percent of its staff in June 2016. That likely represented about 55 employee layoffs, ChannelE2E estimates.
- Symantec: The security provider Symantec had about 1,200 layoffs and job cuts in mid-2016, representing about 10 percent of staff.
- Twitter: Rumors about 300 Twitter staff cuts surfaced on Oct. 24, 2016.
- VeriFone: After VeriFone shocked Wall Street with a weak revenue forecast in June 2016, CEO Paul Galant confirmed layoffs and described SMB channel sales issues that the point-of-sale (PoS) device maker experienced in the retail vertical.
- Veritas: The storage provider Veritas made an undisclosed number of job cuts in mid-2016.
- VMware: The virtualization specialist VMware made about 800 job cuts in early 2016 amid the company’s shift toward network and storage virtualization.
- Zenefits: The unicorn cut 17 percent of its staff in February 2016 and then in June 2016 made 106 additional job cuts — which represented 9 percent of staff, according to multiple reports.
- Silicon Valley Startups: Some of them are making cuts, too.
2018 Technology Industry Layoffs
- HP Inc. in October 2016 confirmed plans to cut 3,000 to 4,000 positions from fiscal 2017 to 2019. The cuts will save the company about $200 million to $300 million starting in fiscal 2020. We don’t know how many of the 3,000 to 4,000 layoffs will actually occur in 2018.
2019 Technology Industry Layoffs
- HP Inc. in October 2016 confirmed plans to cut 3,000 to 4,000 positions from fiscal 2017 to 2019. The cuts will save the company about $200 million to $300 million starting in fiscal 2020. We don’t know how many of the 3,000 to 4,000 layoffs will actually occur in 2019.
Additional Layoffs and Job Cuts
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