The Boston Tech Layoff Tracker

Xconomy Boston — 

For the longest time, it seemed that New England was showing some measure of immunity to the economic stagnation settling over the rest of the country. Last December we wrote about a staffing crunch so severe that the region’s tech companies were having to invent creative ways to recruit employees away from one another, and as recently as March, we published a story headlined “What Recession? Region’s IT Economy is Booming.”

Well, the party’s over. Starting with a trickle in July and August, and building to a constant flow in October, a tide of layoffs has begun to wet the ankles of the Bay State technology economy—and may be rising toward its knees. Here at Xconomy we’ve decided to start keeping track of the dis-employment news, using the spreadsheet below, which shows the most recent layoffs on top. (We’ve also set up layoff trackers for our other two home cities, San Diego and Seattle, and our national overview is here.) As of today (November 13), we count 1,363 layoffs at tech and life sciences companies in the New England region since June, including 187 just since November 1st. But that number, we fear, will keep growing—and as it does, you can follow the running total by scrolling to the bottom of the spreadsheet.

One note: To explore the “More Info” links in the table below, please right-click or command-click on the links, then select “Open Link in New Tab” or “Open Link in New Window.” Due to a quirk in Google Spreadsheets, clicking on these links directly will cause a new Web page to open inside the spreadsheet window.

We want to keep this list as complete and up-to-date as possible. So if you find out about tech layoffs that we haven’t listed yet, let us know at [email protected]

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12 responses to “The Boston Tech Layoff Tracker”

  1. D Brooks says:

    The scariest part is the “Sheet 1” tab … with room for lots and lots more tabs

  2. This is interesting/scary, but without context. There are regularly startups going out of business, so it would be helpful to see excatly how bad it is for workers if there was a comparison to, say, the layoffs in Oct/Nov of last year and the year before so we can see comparison numbers. Without the context it’s kind of sensationalist and it could be very informative.

    just a thought, would love to see it.

  3. I think the real question is: will clean tech save the day? Boston is one of the top 5 cities for the industry, which is the most likely to lift our economy out of this recession. Thoughts?

  4. There’s a lot of buzz around 8,000 cuts coming, but at this point nothing substantiates it. So far the WSJ is reporting that 500 jobs were cut last Friday.

    My theory is that Oracle’s layoffs will be moderate for now, and that the largest cut will come between April 29 and May 31… that’s the window after which Oracle’s severance package clause with former-BEA employees expires (guaranteeing them 3-12 months severance if laid off within the 1st 12 months after last year’s takeover) and before Oracle’s fiscal year ends on May 31st. Just a theory, so time will tell.

    I’ve posted an article separating the fact from the fiction, check it out if you’re so inclined:

  5. James Parson says:

    According to Telonu, Friday 16th Jan, 2009 was one of the worst day for US. Almost 43,000 people has been laid off this day… Check their tracker

  6. merc says:

    You can left-click the links.

  7. NameMedia Again says:

    NameMedia dropped a bunch of people on 4/3. Still working on finding out the numbers.

  8. Sue Miller says:

    What a valuable (if disconcerting) feature….

    However, your spreadsheet includes a column heading “Locations effected.”

    “Effected”?? Ugh! Did you guys lay off your copy editors?

  9. Thanks for the heads up Sue. That was a typo introduced during one of the all-too-frequent updates of the tracker. It’s fixed now.

  10. I bet NameMedia is headed for a bankruptcy to take advantage of the protections offered. They paid millions in salary every year to just the top execs. every one of them who leaves saves a quarter of a million dollars a year. Read their retracted IPO filing. They expected people like me to not be upset enough to take them to the mat. I pray that they do not file bankruptcy and hope they pay much more than ten million for violating my trademarks and copyright after they knew that I was distressed. They involved a lawyer first. esquire Erik Zilinek advised me that they considered their cybersquatting and would be allowed by a tribunal in spite of my common law TM. NameMedia has been cybersquatted on two of my domains since the first year after Esquire Zilinek passed the bar exam. Visit at the link above to see a bit about the case.
    I will post the reply as soon as they give it.