A complete listing of 2024 tech layoffs


The tech layoff wave continues to be going robust in 2024. Following important workforce reductions in 2022 and 2023, this 12 months has already seen 60,000 job cuts throughout 254 corporations, based on unbiased layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have carried out sizable layoffs within the first months of 2024. Smaller-sized startups have additionally seen a good quantity of cuts, and in some circumstances, have shut down operations altogether.

By monitoring these layoffs, we’re in a position to perceive the affect on innovation throughout corporations giant and small. We’re additionally in a position to see the potential affect of companies embracing AI and automation for jobs that had beforehand been thought-about secure. It additionally serves as a reminder of the human affect of layoffs and what may very well be at stake with reference to elevated innovation.

Below you’ll discover a complete listing of all of the identified layoffs in tech which have occurred in 2024, to be up to date recurrently. If you’ve got a tip on a layoff, contact us right here. If you favor to stay nameless, you may contact us right here.

May 2024

Sprinklr

Has laid off about 3% of its workforce, impacting 116 individuals, the corporate confirmed to TechCrunch in an announcement. The cuts come over a 12 months after the corporate eradicated about 4% of its headcount.

Peloton

Is shedding 15% of its workforce, affecting about 400 individuals, as a part of a cost-cutting effort. The firm’s CEO Barry McCarthy can also be stepping down.

April 2024

Tesla

Has gutted its charging group in a brand new spherical of layoffs, CEO Elon Musk introduced in an in a single day e mail to executives.

Google

Has laid off workers throughout key groups like Flutter, Dart and Python. It is at present unclear what number of staff have been let go.

Fisker

Is shedding extra staff to “protect money,” based on an inside e mail considered by TechCrunch. The variety of cuts is at present unknown.

Getir

Is shutting down operations within the U.S., the U.Okay. and Europe, impacting a minimum of 6,000 jobs throughout the closing markets.

Ola

Is reducing about 180 jobs in a profitability push and has let go its chief government Hemant Bakshi, a supply acquainted with the matter advised TechCrunch.

True Anomaly

The house and protection startup laid off practically 30 individuals, accounting for about 25% of its workforce, resulting from “duplication of roles and features throughout the corporate,” TechCrunch completely reported.

Expedia

Is anticipated to chop staff in its Austin workplace for the second time this 12 months.

Nike

Plans to remove 740 staff at its Oregon headquarters this summer season, based on a WARN Act discover.

Stability AI

Is eliminating 10% of its workforce following the exit of former CEO Emad Mostaque.

Google

Is shedding staff as a part of continued price reducing measures. The variety of staff affected was on the time unknown.

Rivian

Is decreasing its whole workforce by 1%. It’s the second spherical of layoffs for the EV maker this 12 months.

Take-Two

Is shedding 5% of its workforce, affecting round 579 staff. The GTA 6 writer additionally introduced the elimination of “a number of tasks” in growth.

Tome

Is eliminating about 20% of its 59 staff in a restructuring effort.

Tesla

Is reducing “greater than 10%” of its international workforce, per an inside e mail despatched by CEO Elon Musk. That may affect greater than 14,000 staff worldwide, as Tesla prepares itself “for our subsequent section of development” amid a difficult EV market.

Criteo

Is decreasing its international workforce by practically 4%, impacting as much as 140 staff.

TikTok

Is shedding 250 staff primarily based in Ireland because it restructures its Training and Quality group.

Hinge Health

Cut roughly 10% of its workforce, TechCrunch completely discovered, as the corporate prepares for an IPO and goals to achieve profitability.

Checkr

Has laid off 382 staff, amounting to 32% of its whole workforce, TechCrunch completely discovered. The background-screening platform was final valued at $5 billion in April of 2022.

Bolt.Earth

Reportedly laid off a large a part of its workers in a restructuring effort. The variety of staff impacted is at present unknown, however sources advised Inc42 that it may very well be “within the vary of 70-100” staff.

Apple

Is shedding 614 staff in California after abandoning its electrical automotive undertaking, based on a WARN discover.

Agility Robotics

Has laid off a “small quantity” of staff as a part of a company-wide concentrate on commercialization efforts.

Ghost Autonomy

Shut down operations. The firm, which was backed by OpenAI, employed about 100 individuals.

Whirlpool

Is shutting down Yummly, the recipe and cooking app it acquired in 2017.

AWS

Will minimize tons of of jobs throughout Sales, Marketing, Global Services and its Physical Stores Technology group.

Byju’s

Is shedding about 500 staff, accounting for 3% of its whole workforce, as a part of a restructuring effort.

March 2024

ChowNow

Has laid off 20% of its workers after buying point-of-sale platform Cuboh. The firm beforehand laid off 100 individuals in 2022.

Nintendo of America

Is restructuring its testing division, which is basically made up of contractors. A Nintendo spokesperson advised Kotaku the modifications will finish some assignments however will result in the creation of latest full-time positions.

Dell

Cut its international workforce by about 6,000 jobs, based on a 10-Okay SEC submitting. The submitting reveals the corporate minimize 13,000 jobs within the final 12 months.

Synctera

Has made cuts to its workers, the corporate confirmed to TechCrunch. A report in Fintech Business Weekly estimates that 17 individuals, or about 15% of the corporate, have been impacted. 

ShopBack

Is reducing 195 roles in an effort to develop into extra sustainable, CEO Henry Chan wrote in a weblog submit. The layoffs affect practically 1 / 4 of its workers.

Airmeet

Reportedly eradicated 20% of its whole workforce in its second restructuring effort previously 12 months.

Chipper Cash

Conducted one other spherical of layoffs impacting 20 staff, CEO Ham Serunjogi introduced in a weblog submit

Textio

Has reportedly minimize 16% of its workers in a strategic transfer to assist its Textio Lift product. 

Stash

Is reportedly shedding round 25% of its workforce. According to Axios, the cuts have an effect on roughly 80 individuals.

Phantom Auto

Is shutting down after failing to safe new funding, TechCrunch has discovered. The distant driving startup, which had minimize workers final 12 months, employed slightly greater than 100 individuals.

IBM

Is reportedly slashing its advertising and marketing and communications workers. The firm beforehand introduced a method to exchange upwards of 8,000 jobs with AI.

Inscribe.ai

Cut slightly below 40% of its workers, equating to dozens of staff, the corporate confirmed to TechCrunch.

Turnitin

Laid off round 15 individuals earlier this 12 months, following feedback from CEO Chris Caren that the corporate would have the ability to scale back 20% of its headcount due to AI.

Sorare

Laid off 13% of its workers primarily based in its New York workplace because the web3 fantasy sports activities platform focuses on its Paris headquarters, a supply acquainted with the matter advised TechCrunch.

Melio

Is eliminating roughly 7% of its workforce as a part of organizational restructuring. The fintech unicorn final carried out layoffs in August 2022.

ONE

Is reducing about 13% of its workforce, affecting 40 staff. It’s the second spherical of layoffs for the battery startup in latest months.

Project Ronin

Is shutting down, leading to a “everlasting mass layoff” impacting round 150 staff.

February 2024

Fisker

Plans to put off 15% of its workforce and says it probably doesn’t have sufficient money readily available to outlive the following 12 months.

EA

Cut 5% of its workforce, impacting 670 staff, because it strikes away from the “growth of future licensed IP.”

Bumble

Is letting go of about 350 staff, accounting for 30% of its workforce.

Apple

Is probably reducing tons of of staff who labored on the corporate’s autonomous electrical automotive undertaking now that the trouble has stopped, TechCrunch has discovered.

Sony

Is shedding 900 staff from its PlayStation unit, affecting 8% of the division’s workforce. Insomniac Games, Naughty Dog, Guerrilla and Firesprite studios may also be impacted.

Expedia

Will reportedly minimize 1,500 roles in 2024, primarily in its Product & Technology division, accounting for greater than 8% of the corporate’s workforce.

Finder

Eliminated roughly 60 staff, or 17% of its workforce. It’s the monetary startup’s third main layoff spherical previously 12 months.

Rivian

Is shedding 10% of its salaried workforce in a bid to chop prices in an more and more robust marketplace for EVs.

Meati Foods

Will lay off 13% of its workforce as it really works to “construct a financially sustainable enterprise,” CEO Phil Graves advised TechCrunch completely.

Cisco

Announced it can remove 5% of its staff, impacting greater than 4,000 individuals.

Toast

Will lay off about 550 staff in a transfer designed to advertise “working expense effectivity.”

Instacart

Announced in an SEC submitting that it’ll lay off roughly 250 staff as a part of a restructuring effort.

Mozilla

Is scaling again its funding in quite a few merchandise, TechCrunch has discovered, leading to layoffs that can have an effect on roughly 60 staff.

Grammarly

Is shedding 230 staff worldwide as a part of the corporate’s efforts to advance its concentrate on “the AI-enabled office of the longer term.”

Getaround

Is reducing 30% of its North American workforce as a part of a restructuring.

Amazon

Is reportedly reducing jobs in its healthcare companies One Medical and Amazon Pharmacy. The variety of impacted roles is at present unknown.

DocuSign

Announced plans to remove 6% of its workforce, largely impacting the corporate’s gross sales and advertising and marketing divisions.

Snap

Announced plans to chop 10% of its workforce, impacting roughly 500-plus staff, in an effort to “scale back hierarchy.”

Polygon Labs

Has laid off 60 staff, or about 19% of its workers, CEO Marc Boiron introduced in a weblog submit.

Okta

Is shedding roughly 400 staff. The layoffs come nearly precisely a 12 months to the day after Okta introduced plans to chop about 300 staff.

January 2024

Thinx

Will lay off 95 staff in New York City, based on a submitting with the New York Department of Labor.

Proofpoint

Is shedding about 6% of its international workforce, or 280 staff, the corporate confirmed to TechCrunch.

Wattpad

Conducted one other spherical of layoffs earlier this month, amounting to roughly 15% of its workforce, a supply acquainted with the scenario advised TechCrunch. 

Block

Is reportedly shedding round 1,000 individuals within the Cash App, foundational and Square arms of Block.

PayPal

Has reportedly begun company-wide layoffs. While it’s unclear how many individuals shall be affected, one supply advised TechCrunch it was anticipated to be within the “1000’s.”

Aurora Solar

Has laid off 20% of its workers of about 1,000 individuals, TechCrunch completely discovered. The cuts to the software program startup come regardless of document development within the photo voltaic business final 12 months.

iRobot

Is shedding 350 individuals, or one-third of its headcount, after Amazon’s bid to accumulate the Roomba-maker shuttered. Longtime CEO Colin Angle has additionally stepped down.

Salesforce

Is reportedly shedding 700 staff, or round 1% of its workers. This comes after the corporate had a major discount of 10% of its workforce in 2023.

Flexport

Is reportedly planning to chop round 20% of its workers within the subsequent few weeks. The firm introduced related cuts in October, when founder Ryan Petersen returned as CEO and slashed its workforce by 20%.

Microsoft

Is shedding 1,900 staff throughout its gaming divisions following its acquisition of Activision Blizzard. Blizzard president Mike Ybarra introduced he may also be stepping down.

Swiggy

Is reducing about 400 jobs, 7% of its workforce, because the meals supply startup seeks to carry additional enhancements to its funds forward of a deliberate IPO later this 12 months.

Aurora

Laid off dozens of staff, based on sources acquainted with the choice. The autonomous car know-how firm has since confirmed that about 3% of its workforce has been laid off.

eBay

Will lay off 9% of the corporate’s workforce, affecting about 1,000 full-time staff. In a weblog submit, the corporate additionally plans to chop contract roles within the coming months.

SAP

Announced it intends to supply voluntary buyouts or job modifications to eight,000 staff amid restructuring.

Brex

Laid off 20% of its workers, affecting 282 staff. In a weblog submit, Co-CEO Pedro Franceschi stated that the corporate is prioritizing “long-term considering and possession over short-term positive factors in our comp construction.”

TikTok

Eliminated round 60 jobs throughout the U.S. in Los Angeles, New York, and Austin along with layoffs in worldwide markets. The affected roles, based on NPR’s preliminary reporting, are largely in gross sales and promoting.

Vroom

Is reducing 90% of its staff because it shuts down its on-line used automotive market and shifts assets into two enterprise items: one centered on auto financing and the opposite on AI-powered analytics.

Riot Games

Is shedding 11% of its workforce, affecting about 530 staff, as the corporate focuses on “fewer, high-impact tasks.” The League of Legends maker can also be sunsetting its five-year-old publishing group, Riot Forge.

Wayfair

Is eliminating 13% of its international workforce, affecting 1,650 staff, in a restructuring effort geared toward reducing layers of administration.

YouTube

Will remove 100 staff, a spokesperson confirmed to TechCrunch, as a part of a restructuring effort in its creator administration and operations groups.

Google

Is shedding “tons of” of staff in its promoting gross sales group, based on a leaked memo. The cuts come per week after the corporate did sweeping layoffs throughout its {hardware} groups. And extra layoffs will come all year long, as CEO Sundar Pichai advised the corporate in a memo obtained by the Verge.

Lost Boys Interactive

Reportedly laid off a “sizable” variety of staff January 12. The recreation developer studio was acquired by Borderlands maker Gearbox in 2022.

Pixar

Is going to put off staff in 2024, TechCrunch completely discovered, with the full impacted staff probably reaching as excessive as 20% of the animation studio’s 1,300 particular person workforce. The cutbacks come as Disney appears to be like to scale back the studio’s output because it struggles to realize profitability in streaming.

Audible

Is shedding 5% of its workforce, citing an “more and more difficult panorama,” based on a leaked memo obtained by Business Insider.

Discord

Is shedding 17% of its workers, impacting 170 individuals. In an inside memo obtained by the Verge, Discord CEO Jason Citron blamed the cuts on the corporate rising too rapidly.

Google

Laid off tons of of staff throughout its Google Assistant division and the group that manages Pixel, Nest and Fitbit {hardware}. The firm confirmed to TechCrunch that Fitbit co-founders James Park and Eric Friedman are additionally exiting.

Amazon

Is shedding “a number of tons of” of staff at Prime Video and MGM Studios, based on a memo obtained by TechCrunch. The cuts come days after the 500 layoffs at Amazon’s Twitch.

Twitch

Is reportedly shedding 500 staff, 35% of its present workers, amid a continued battle to realize profitability within the face of rising prices and neighborhood backlash. The pending layoffs come after tons of extra staff have been laid off in 2023.

Treasure Financial

Confirmed to TechCunch that layoffs, carried out in December, had impacted 14 staff, accounting for 60% to 70% of the corporate, based on a number of sources.

Duolingo

Confirmed it minimize 10% of its contractor workforce on the finish of 2023 because it turns to AI to streamline content material manufacturing and translations beforehand dealt with by people.

Rent the Runway

Will minimize about 10% of company roles because it goes by way of a restructuring plan following Anushka Salinas’ deliberate resignation as working chief and president on the finish of January.

Unity

Is decreasing its workforce by about 25%, or 1,800 individuals. The online game engine maker went by way of three rounds of layoffs in 2023.

Pitch

Laid off two-thirds of its staff because the German startup, which constructed collaborative presentation software program, appears to be like to pursue a “utterly completely different path.” CEO and co-founder Christian Reber additionally stepped down.

BenchSci

The AI and biomedical startup reportedly minimize 17% of its workforce January 8, citing “shifts within the financial atmosphere,” in a LinkedIn submit asserting the layoffs. 

Flexe

Eliminated 38% of its workers January 8 as the net retail logistics firm follows up after conducting layoffs in September 2023.

NuScale

Announced January 8 it’s shedding 28% of its workers, or 154 staff, because the small modular nuclear reactor firm shifts its focus to “key strategic areas.”

Trigo

Is reportedly shedding 15% of its workforce centered on laptop imaginative and prescient for retailers.

InImaginative and prescient

Is shutting down on the finish of 2024 after a 12 12 months run. The design collaboration startup was as soon as valued at practically $2B.

VideoAmp

Is shedding practically 20% of its workforce because it tries to take care of its battle with Nielsen over media measurement. CEO Ross McCray stepped down from the corporate.

Orca Security

Is shedding roughly 15% of its workers, totaling 60 staff. The Israel-based unicorn reportedly plans to maneuver some impacted staff into different positions on the firm.

Frontdesk

Laid off its complete 200-person workforce January 2 after makes an attempt to lift extra capital failed, TechCrunch completely discovered. The mass layoff comes simply seven months after the startup acquired rival Zencity





Source hyperlink

Leave a Reply

Your email address will not be published. Required fields are marked *