The chart illustrates the significant impact of COVID-19 on startup layoffs, highlighting Uber as the most affected company with 6,700 layoffs, representing 25% of its total employment. Groupon follows with 2,800 layoffs, accounting for 44% of its workforce. Notably, Deliv and Eve experienced complete workforce reductions, laying off 100% of their employees. The data reveals a trend where companies in the travel and hospitality sectors, such as Airbnb and Tripadvisor, faced substantial layoffs due to decreased demand. Interestingly, companies like Magic Leap and Toast, which are not directly related to travel, also saw significant layoffs, indicating broader economic challenges. The chart's color-coded representation provides a clear visual of the varying degrees of layoffs across different startups, emphasizing the widespread economic disruption caused by the pandemic.
