Blind Launches Layoff Tracker Amid US-Led Job Cut Wave

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By Kim Tae-ho
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Blind Layoff Tracker. Photo courtesy of Blind - Seoul Economic Daily Technology News from South Korea
Blind Layoff Tracker. Photo courtesy of Blind

Blind, a social platform for working professionals, launched a "Layoff Tracker" that allows users to monitor job cuts at companies worldwide in real time, the company said Wednesday.

The service aims to address the information gap and anxiety felt by employees as the wave of large-scale layoffs that began in Silicon Valley spreads globally. Blind's Layoff Tracker enables users to quickly check news on layoffs at tech companies around the world. Users can view layoffs at companies in 18 countries, including Korea, the United States and India, sorted by country, scale and timing. The tracker provides not only information confirmed by media reports and official announcements but also early warning signs shared by current employees on Blind, organized by stage.

According to Blind, since the large-scale Silicon Valley layoffs began in the fall of 2022, the number of Blind users at major tech companies including Microsoft, Oracle, Amazon and Google has surged up to threefold compared to normal levels. Before the layoffs, posts related to career success such as salary raises and promotions outnumbered posts about job insecurity by more than four to one. That ratio has since reversed, with job insecurity posts now exceeding success-related posts by 1.5 times.

"Blind in the U.S. has transformed from a space where individuals shared their career plans into a space where collective anxiety is shared," Blind CEO Sungwook Moon said. "Voices are pouring in asking how anyone can stay motivated at work when they might lose their job as soon as tomorrow."

Original reporting by Kim Tae-ho for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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