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Data Point

Headcount Tracker: Despite Deep Cuts at Tech Firms, Many Keep Hiring

By
Nick Wingfield
[email protected]Profile and archive

There has been plenty of grim news about jobs in the technology industry over the past few months, from headline-grabbing staff cutbacks at startups to an overall employment dip in the sector. But an analysis by The Information of two dozen publicly traded tech companies shows that many companies have actually expanded their workforces since the pandemic hit. 

The vast majority of the companies in The Information’s analysis—a list that includes giants Microsoft and Alphabet, with more than 100,000 workers each, and minnows such as Fastly, with a little over 700 employees—fall into that bucket, as the chart above shows. We limited our analysis to tech companies that are either public or have filed to go public and that also provide recent enough data through regulatory filings to show how their staffing levels have fared during the downturn.

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