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Tech · Layoffs2 min read

More tech workers lose jobs just before the holidays

Amazon, Angi, Block, Canva and Squarespace have cut jobs just ahead of the holidays, and more companies could follow. Here is what to know.

By the Dashline deskSource: Fast Company
More tech workers lose jobs just before the holidays
Photo: מקף־עברי, CC0

Workers at several well-known tech companies are losing their jobs right before the holidays. Fast Company's November layoff update names Amazon, Angi, Block, Canva and Squarespace among the latest to make cuts. The timing is rough. Losing a paycheck is stressful at any point in the year, and the holiday season adds pressure.

What changed

Fast Company tracks tech layoffs in a monthly roundup, and the November edition lists these five companies. The outlet notes that layoffs are hard in any season but can feel heavier when they arrive just before the holidays, when many people hope for some peace and stability.

Who it affects

The most direct impact is on the workers who lost their jobs. The companies are a mix of well-known names, so the news may also matter to people who use their products or work with them. If you work in tech, the headlines may raise fair questions about your own job security.

What is not known yet

The material available does not say how many jobs were cut at each company, which teams were hit, or when the cuts take effect. It also does not explain why each company made its decision. Because the roundup is monthly, more companies may be added in later updates.

What to do

  • Check your savings and see how many months of expenses they cover.
  • Update your resume and professional profiles now, before you need them.
  • Stay in touch with colleagues and contacts in your field.
The takeaway

If you work in tech or rely on these firms, check your savings and refresh your resume now, while there is no rush.

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