How safe is your job at Elastic?

Your Engineering job at Elastic in India has a risk score of 35/100 stable. That's riskier than 65% of the 68 tech companies we track.

The most recent reported layoff trimmed about 7% of the workforce on June 24, 2026.

Employee sentiment looks relatively steady based on the latest news and layoff signals.

Check the detailed report below for the full breakdown.

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Elastic logo
Elastic
ESTCSearch & Observability
EngineeringIndiaStable

No Engineering- or India-specific signals for Elastic yet — showing the company-wide outlook.

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Current risk score

35−1.0 points over the last 7 days

0 = safer outlook, 100 = higher layoff risk. Small figure = 7-day change.

Latest confirmed layoff

Headcount undisclosed

Confirmed Jun 24, 2026 · ~7% of staff · layoffs.fyi

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90-day score trend
Daily movement for the company's baseline engineering / US West risk trend, with layoff, earnings and Vibe Check activity overlaid to show how the score reacts.
Layoff eventEarnings missEarnings beatUser-reported layoffVibe Check votes (😌 stable, 😰 nervous, 🚨 panic)
Signal breakdown
The signals contributing most to the current layoff risk view.
Confirmed layoff headcount

No confirmed layoff headcount in last 180 days

Lower risk11% of score
Stock price trend (30d)

+37.0% in last 30d

Lower risk6% of score
Community layoff discussions

No layoff chatter in community forums

Lower risk3% of score

Recent layoff events

Latest disclosed workforce actions affecting this company.

Jun 24, 2026Headcount undisclosed • 7% workforce
layoffs.fyi
Nov 30, 2022Headcount undisclosed • 13% workforce
layoffs.fyi
Quarterly Earnings
Mixed
Last 2 quarters for Elastic — impacts financial health score (18% weight)
Q2 2026May 28, 2026

EPS

$0.61+8.4%

Est: $0.56

Revenue

$451M
Q1 2026Feb 26, 2026

EPS

$0.73+13.0%

Est: $0.65

Revenue

$450M

How's the vibe in Elastic?

Elastic layoff risk analysis

A plain-language read of the numbers above, regenerated every time the score is recomputed.

Elastic risk trend over the last 90 days

Across the last 83 days of scoring, Elastic's layoff risk eased 1 point, moving from 36 on June 6, 2026 to 35 today. It peaked at 53 on June 29, 2026 and bottomed out at 35 on June 7, 2026, a 18-point spread over the period. That leaves Elastic in the low-risk band today, and the size of the swing means the current reading is worth re-checking weekly rather than treating as settled.

Elastic layoff history

PinkSlip has recorded 2 confirmed layoff events at Elastic, running from November 2022 to June 2026. None of those filings disclosed a headcount, so the events raise risk on their existence and recency alone rather than on scale. Source: layoffs.fyi. Recent events weigh more than older ones — each decays on a half-life instead of dropping out on a fixed date — so the most recent filing on June 24, 2026 carries the most weight in today's score.

How Elastic compares to other tech employers

Elastic (ESTC) is a Search & Observability company tracked as part of the NASDAQ-100 and currently scores 35 out of 100, where 0 is the safest reading and 100 the riskiest. That is riskier than 65% of the 68 tech employers PinkSlip tracks. Over the past week the score eased 1 point, and over the past month it eased 9 points.

What is driving the Elastic score

Elastic's score is driven mainly by the public record — confirmed layoff filings and the financial and news signals around them. No crowd reports have come in over the past 30 days, so nothing is currently corroborating or contradicting that record from the inside. Absence of reports is deliberately not treated as evidence of safety — a quiet company and an unobserved one look identical in public data, so the model never discounts risk for silence alone. At this level the signals do not suggest imminent action, though the score is recomputed every morning and a single filing or earnings miss can move it quickly.

Elastic layoff risk — frequently asked questions

Has Elastic had layoffs recently?

PinkSlip has tracked 2 layoff events at Elastic in the past year, the latest on June 24, 2026. Undisclosed headcounts are excluded from that total, so treat it as a floor rather than a full count.

How is the Elastic layoff risk score calculated?

PinkSlip blends 10+ public data sources — historical layoff events, quarterly earnings, hiring and news signals, and anonymous crowd reports — into a single 0–100 layoff risk score. Signals are weighted by how predictive they have been historically, and each one decays on a half-life as it ages rather than expiring on a fixed date — so a layoff announced last month weighs roughly twice as much as the same layoff two months earlier, and fades out gradually instead of disappearing overnight.

How often does the Elastic risk score update?

Every day. An automated job re-scrapes the public sources each morning and recomputes every tracked company's score, so the 7-day movement shown above always compares against freshly ingested data. Quarterly earnings refresh on each company's own reporting schedule.

Where does PinkSlip's Elastic layoff data come from?

The layoff events listed above are sourced from layoffs.fyi. Across all companies PinkSlip aggregates state WARN notices, layoffs.fyi, quarterly earnings filings, and layoff coverage from major business and tech outlets. Everything is public data — no employer submissions, and no paywalled sources.