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Home/Cities/Shenzhen
CN
China
Enterprise SaaS hub

Shenzhen layoffs, tracked in full.

Shenzhen has seen 3K job cuts across 5 tracked rounds since January 2020 — roughly 0.3% of all layoffs in our global dataset. The last 12 months alone saw 0 layoffs.

Last updated
City snapshot
3K
people laid off since Jan 2020
Companies tracked
4
active + historical
Rounds
5
total events
Top industry
Enterprise SaaS
56% of cuts
Global city rank
#40
by total headcount
Total since 2020
All time
3K
Across 5 roundsRank #40
Last 12 months
Recent
0
↓ 100% YoY
Companies tracked
Breadth
4
across 3 industriesEnterprise SaaS leads
Global city rank
vs cities
#40
0.3% of global totalof 137 cities
By industry · Shenzhen· Since 2020

Which industries cut deepest.

Enterprise SaaS
1 ROUNDS
56% of Shenzhen cuts
1,500
PEOPLE
Hardware
1 ROUNDS
33%
900
PEOPLE
Consumer Apps
2 ROUNDS
11%
300
PEOPLE
Top companies · Shenzhen

Where the cuts landed.

Top companies
#01
PuduTech
ENTERPRISE SAAS · 1 ROUNDS
1,500
#02
Black Shark
HARDWARE · 1 ROUNDS
900
#03
Tencent
CONSUMER APPS · 2 ROUNDS
300
#04
WeWork
COWORKING · 1 ROUNDS
—
Recent events · Shenzhen· Latest

The latest Shenzhen layoffs.

View all events →
Severity
Event
Location · When
Headcount
Source
Moderate
T
Tencent
Tencent Layoffs — 2023-02-17
Shenzhen ·
300
indiatimes.com ↗
Moderate
BS
Black Shark
Black Shark Layoffs — 2023-01-13
Shenzhen ·
900
scmp.com ↗
Low
T
Tencent
Tencent Layoffs — 2022-11-15
Shenzhen ·
—
reuters.com ↗
High
P
PuduTech
PuduTech Layoffs — 2022-07-08
Shenzhen ·
1,500
therobotreport.com ↗
Low
W
WeWork
WeWork Layoffs — 2020-09-23
Shenzhen ·
—
techcrunch.com ↗
Continue reading

Other cities tracked.

View all →
United States
SF Bay Area layoffs
204 companies tracked since 2020.
204 COMPANIES · 286K CUT →
United States
Seattle layoffs
22 companies tracked since 2020.
22 COMPANIES · 101K CUT →
United States
Austin layoffs
11 companies tracked since 2020.
11 COMPANIES · 45K CUT →
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