Streaming giant Netflix laid off 150 employees in May, which represented less than 1.4% of its workforce of roughly 11,000 employees.
Fitness equipment manufacturer Peloton laid off more than 2,800 employees worldwide in February, representing about 20% of its corporate workforce.
Robinhood soared to prominence in 2020 during the pandemic on the back of its commission-free trading and intuitive, attractive brokerage user interface.
Real estate and mortgage company Zillow started 2022 out with a planned mass layoff of about 2,000 workers, or roughly 25% of its workforce.
Online car retailer Carvana laid off 2,500 workers in May, most of whom worked in the company's operations division.
Enterprise security technology company Latch laid off a total of 130 staff members in late May, or roughly 28% of its full-time employee roster.
The cuts primarily affected the company's head office workforce in San Jose, California, and mostly consisted of engineers, managers and directors.