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Wilnze10/Job-Layoffs-Analysis
William Nzewi
Data Analyst
DATASET
Data - Job layoff data comprising 2362 rows from 2020 to 2023. Data cleaning and analysis - Postgres Data Visualization - Microsoft Power BI
The following questions were answered using SQL
Total number of layoffs by company
Total layoffs
Number of companies
Average layoffs per company
Total number of layoffs by industry
Average percentage of layoffs by industry
Total number of layoffs by country
Total funds raised by companies that had the biggest layoffs. 9.Correlation between funds raised and layoffs
Layoffs trend.
Top 20 companies by percentage laid off.
Distribution of layoffs by company stage.
Top 5 locations by total layoffs
Most affected industries by country
10 Most affected industries by USA
Percentage of layoffs at various stages
INSIGHTS AND RECCOMMENDATION
The 383159 thousand layoffs across 1616 companies represents 20% of the total workforce. That's about 237 layoffs per company.
The year 2022 recorded the highest layoffs with 160661 people losing their jobs.
Consumer, retail transport and finance are among the worst hit industries.
3 of the 5 worst affected cities are in the United States: SF Bay Area, Seattle and New York City. The other two are Bengaluru and Amsterdam.
Majority of companies which laid off workers are established post-IPO firms.
The United States is by far the worst hit country accounting for a whopping 66.8% (256059) of the total layoffs.
There's no direct relationship between the number of job layoffs and funds raised.
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