The true number of tech layoffs since 2022 is likely over 1 million—double what’s officially reported.

In this post I will show how the total number of layoffs in the tech industry should be well over 1M and are consistently under-reported on [layoffs.fyi](http://layoffs.fyi) and media. * If you add up the sum of counted layoffs since 2022 til now, in the tech industry alone, you have 592,436 that were A) tracked on this website and B) had a specific # of employees laid off in the # laid off column. * If you look at the way the table is set up, companies with a laid off percentage but no specific number of employees laid off, that entry does not count towards the total. **For example, if 100% of a company is laid off, the total at the top doesn't change.** * 50% of the layoffs have no # of employees laid off, only a percentage. This number is never added to the total. * Companies that aren't tracked on this website are not added obviously. * Downsizing by return to office resignations, lowered hiring, offshoring to much lower cost countries, or using contract or freelance labor is not counted. * Ending contractor work, not renewing contracts, and not creating new contracts, are not counted. Only full time employees formally "laid off" and announced are counted towards the sum at the top. Given all these factors, I would logically deduce that the actual total sum of laid off people could be well over 1M in the tech sector alone. Counting the downsizing in total number of people needed in contract roles and full time roles total, the number should be even greater. And when you consider that during the last 4 years countless new graduates have entered the job market as well, this further pushes down the demand for labor as the supply has increased. I asked the creator of [layoffs.fyi](http://layoffs.fyi) why they count the columns that have no quantity of employees laid off, only a percentage, and he never responded. But from watching this site update from day to day with new entries, I noticed the total quantity at the top only updates when there is a specific number of employees laid off. Regarding media reporting on this topic: So far, I've noticed that every media outlet under-reports the number of layoffs by omitting one of the above listed factors. The downplaying is so persistent and consistent that it makes me wonder why they've all agreed to downplay what happened to tech. Because if it was random inaccuracies or journalistic laziness, then it would be randomly distributed between inaccurately lower reports, accurate reports, and inaccurate over reports. But it's consistently inaccurately under reporting the number of layoffs.