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PropTech hub

New York City layoffs, tracked in full.

New York City has seen 34K job cuts across 153 tracked rounds since January 2020 — roughly 4.0% of all layoffs in our global dataset. The last 12 months alone saw 689 layoffs.

Last updated
City snapshot
34K
people laid off since Jan 2020
Companies tracked
67
active + historical
Rounds
153
total events
Top industry
PropTech
26% of cuts
Global city rank
#5
by total headcount
Total since 2020
All time
34K
Across 153 roundsRank #5
Last 12 months
Recent
689
↓ 98% YoY
Companies tracked
Breadth
67
across 8 industriesPropTech leads
Global city rank
vs cities
#5
4.0% of global totalof 137 cities
By industry · New York City· Since 2020

Which industries cut deepest.

PropTech
20 ROUNDS
26% of New York City cuts
5,779
PEOPLE
Fitness
9 ROUNDS
24%
5,433
PEOPLE
Big Tech
3 ROUNDS
18%
3,900
PEOPLE
Auto Marketplace
5 ROUNDS
8%
1,802
PEOPLE
Mobility
2 ROUNDS
7%
1,500
PEOPLE
Crypto
14 ROUNDS
6%
1,363
PEOPLE
Enterprise SaaS
6 ROUNDS
6%
1,243
PEOPLE
MarTech
11 ROUNDS
5%
1,191
PEOPLE
Top companies · New York City

Where the cuts landed.

Top companies
#01
Peloton
FITNESS · 7 ROUNDS
4,495
#02
IBM
BIG TECH · 3 ROUNDS
3,900
#03
Better.com
PROPTECH · 6 ROUNDS
3,900
#04
Vroom
AUTO MARKETPLACE · 5 ROUNDS
1,802
#05
Compass
PROPTECH · 4 ROUNDS
1,096
#06
Revel
MOBILITY · 1 ROUNDS
1,000
#07
Butler Hospitality
FOOD & BEVERAGE · 1 ROUNDS
1,000
Recent events · New York City· Latest

The latest New York City layoffs.

View all events →
Severity
Event
Location · When
Headcount
Source
Severe
G
Gemini
Gemini Layoffs — 2026-03-20
New York City ·
—
bloomberg.com ↗
Severe
G
Glossier
Glossier Layoffs — 2026-02-11
New York City ·
50
businessoffashion.com ↗
High
P
Peloton
Peloton Layoffs — 2026-01-30
New York City ·
—
reuters.com ↗
Moderate
P
Payoneer
Payoneer Layoffs — 2025-12-08
New York City ·
60
calcalistech.com ↗
High
T
Teads
Teads Layoffs — 2025-12-04
New York City ·
180
calcalistech.com ↗
Low
V
Verbit
Verbit Layoffs — 2025-09-10
New York City ·
22
calcalistech.com ↗
High
K
Kaltura
Kaltura Layoffs — 2025-08-07
New York City ·
70
calcalistech.com ↗
Moderate
P
Peloton
Peloton Layoffs — 2025-08-07
New York City ·
—
reuters.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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