Layoffs.fyi is a platform that tracks layoffs in the tech startup sector and compiles lists of affected employees to enhance their visibility to potential employers. By connecting laid-off workers with hiring companies, the platform facilitates faster re-employment opportunities in a challenging job market.
Funding
Funding not disclosed
Founders
Product
Problem
The tech industry experiences frequent layoffs, leaving many talented employees suddenly unemployed and struggling to find new opportunities. It is difficult for both laid-off employees and potential employers to efficiently connect and navigate the job market during these periods of uncertainty.
Solution
Layoffs.fyi is a layoff tracking platform that aggregates and disseminates information about layoffs occurring in the tech sector. The platform provides a comprehensive layoff tracker, layoff charts, and lists of laid-off employees. This curated data aims to increase the visibility of displaced tech workers, making it easier for them to be discovered and hired by companies that are actively recruiting. By centralizing layoff data, Layoffs.fyi strives to streamline the job search process for affected individuals and provide valuable insights into the current employment landscape for recruiters and industry observers.
Target Audience
The primary audience includes laid-off tech employees seeking new job opportunities, recruiters and hiring managers looking to source talent, and industry analysts tracking employment trends in the tech sector.
Features
- Real-time tracking of tech company layoffs.
- Aggregated layoff data presented in charts and lists.
- Lists of laid-off employees for recruiting purposes.
- Newsletter providing monthly updates on tech layoffs.
- Data sourced from public media reports and company announcements.
- Tracks salary data and job posts across 5,000 tech companies.