A complete record of 2024 tech layoffs

The tech layoff wave continues to be going sturdy in 2024. Following important workforce reductions in 2022 and 2023, this 12 months has already seen 60,000 job cuts throughout 254 corporations, in response to impartial layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have performed sizable layoffs within the first months of 2024. Smaller-sized startups have additionally seen a good quantity of cuts, and in some instances, 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 of secure. It additionally serves as a reminder of the human affect of layoffs and what could possibly be at stake with regard to elevated innovation.

Below you’ll discover a complete record of all of the identified layoffs in tech which have occurred in 2024, to be up to date usually. 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.

September 2024

Nori 

Has shut down its operations citing a “powerful funding surroundings,” co-founder Alexsandra Guerra introduced on LinkedIn.

Bending Spoons

Will lay off 75% of WeSwitch’s employees. Bending Spoons acquired the file switch service in July for an undisclosed quantity.

Goop

Is shedding 18% of its 216-person employees as the corporate shifts its focus to its magnificence and meals manufacturers and deprioritize different areas like wellness and journey. 

Fly.io

Has reportedly laid off round 40 workers in what seems to be a restructuring effort for the corporate.

Motif FoodWorks

Is reportedly shutting down its operations following a prolonged litigation battle with competitor Impossible Foods.

August 2024

Character.AI

Reportedly lower no less than 5% of its employees in its advertising and marketing and recruiting departments.

Apple

Is reportedly chopping round 100 jobs in its digital providers group, doubtlessly impacting staff within the firm’s Books and News groups.

Brave

Has laid off 27 workers throughout the totally different departments, TechCrunch has discovered. The cuts affect roughly 14% of the online browser and search startup’s complete employees.

Scale AI

Reportedly terminated greater than 1,000 distant contract staff. The firm didn’t categorize the cuts as layoffs and says full-time workers haven’t been impacted.

Skip the Dishes

Is chopping 100 staff in Canada and 700 working for its mum or dad firm, Just Eat Takeaway.com, CEO Paul Burns introduced on LinkedIn.

GoPro

Will cut back its complete workforce by about 15% earlier than the tip of the 12 months as a part of a serious restructuring effort. The cuts will affect round 139 staff.

Retention.com

Laid off 40% of its employees, CEO Adam Robinson wrote on LinkedIn, impacting 15 workers.

Loop

Is conducting layoffs as the corporate goes by way of a “strategic shift” in priorities. The variety of workers affected is presently unknown.

Inuitive

Is chopping 20% of its workforce, affecting round 80 workers. Inuitive CEO Shlomo Gadot can be stepping down from the corporate.

Formlabs

Has laid off a “small quantity” of workers, the corporate solely confirmed to TechCrunch. The 3D printing agency says the cuts occurred over the previous two years and affect 40 workers out of its lower than 750-person employees.

Sonos

CEO Patrick Spence confirmed with TechCrunch the corporate lower 100 workers in a brand new layoff spherical, impacting 6% of Sonos’ workforce. Sonos beforehand lowered its headcount by 7% in 2023.

Cisco

Will reportedly get rid of hundreds of jobs in one other spherical of layoffs this 12 months. The firm beforehand laid off greater than 4,000 workers in February 2024.

Tally

Has shut down its operations “after exploring all choices” earlier than operating out of money. The fintech beforehand helped customers handle and repay their bank card debt; it had 183 workers and was final valued at $855 million. 

Branch.io

Has laid off greater than 100 workers. Nova Launcher, which was acquired by Branch in 2022, mentioned the cuts whittled down its group to at least one full-time developer.

READY Robotics

Has reportedly stopped its operations. The firm is now auctioning off gear by way of the Silicon Valley Disposition.

Eventbrite

Is chopping round 100 workers, accounting for 11% of its complete workforce. The on-line ticketing firm beforehand let go of 8% of its workers in February 2023.

LegalZoom

Announced it should cut back its world workforce by 15% and pause future hiring efforts in an effort to avoid wasting $25 million.

Techstars

Is shedding 17% of its employees and ending its $80 million J.P. Morgan-backed applications on the finish of this 12 months following a rocky interval for the corporate that has included monetary losses and management shakeups.

Mobius

Will fully shut down operations after dealing with monetary struggles. The Kenya-based SUV producer reportedly cited tax hikes as a driving pressure of the choice.

Infineon

Will lower 1,400 jobs globally, together with lots of of roles at its German plant. The firm mentioned it should additionally relocate a further 1,400 workers to international locations with decrease labor prices.

Jam City

Has eradicated round 85 workers, affecting 10% of the online game developer and writer’s complete workforce.

Dell

Will conduct layoffs as the corporate plans to get “leaner,” in response to an inner memo, and create a brand new gross sales unit targeted on AI services and products. The variety of workers impacted is presently unknown.

Intel

Intel kicked off the month with substantial layoffs, with 15,000 workers accounting for 15% of its complete employees affected by the corporate’s cutbacks. “Our revenues haven’t grown as anticipated — and we’ve but to totally profit from highly effective traits, like AI,” CEO Pat Gelsinger mentioned in a memo asserting the layoffs.

July 2024

Rad Power Bikes

The e-bike startup that has raised greater than $300 million from buyers has additionally performed 5 rounds of layoffs since April 2021, with TechCrunch solely studying that Red Power’s most up-to-date layoffs have been performed in July with an unknown variety of Rad Power’s roughly 394 workers impacted.

Match Group

Has discontinued livestreaming providers throughout its relationship apps, particularly Plenty of Fish and BLK, because it shifts its focus to generative AI. The transfer will lead to a 6% discount in its complete workforce.

Bungie

Will lower 220 workers, representing round 17% of the sport studio’s complete workforce. CEO Pete Parsons mentioned the modifications affect all ranges of the corporate, together with senior and government management.

Pocket FM

Has reportedly eradicated roles for practically 200 U.S. writers a month after the corporate partnered with ElevenLabs to rapidly convert scripts into audio content material utilizing AI.

ApproachCool Foods

Has reportedly laid off greater than 200 workers throughout a number of departments. It can be the agritech firm’s third substantial layoff spherical prior to now 12 months.

Webflow

Announced it should get rid of roughly 8% of its workforce as the corporate works towards its “subsequent part of progress.”

Cohere

Is reportedly shedding about 20 workers, accounting for practically 5% of its complete workforce. The cuts got here the day after the corporate introduced it raised $500 million at a $5 billion valuation.

Magic Leap

Reportedly eradicated round 75 of its staff. As a part of the cuts, the augmented actuality startup reportedly axed its gross sales and advertising and marketing departments fully.

Mercari

Is reportedly shedding practically half of its workers within the U.S. because the Japan-based firm struggles to compete with different e-commerce rivals like Temu.

Aqua

Is eliminating 50 workers, accounting for 10% of its complete workforce. Earlier this 12 months, the cybersecurity firm raised $60 million at a $1 billion valuation, making it a unicorn.

EverC

Is reportedly shedding 10% of its 165-person workforce. The firm develops cyber intelligence software program that helps stop on-line fraud.

Lex

Has laid off nearly all of its roughly eight-person employees because the LGBTQ+ social networking web site struggles to monetize its product. Last 12 months, the corporate’s third, Lex raised $5.6 million in seed funding and elevated co-founder Jennifer Lewis from COO to CEO.

Monarch Tractor

Cut “lower than” 15% of its 250- to 300-person workforce as a part of a essential reshuffling following a $133 million Series C funding spherical, TechCrunch has discovered.

Kaspersky

Will lay off dozens of workers and depart the U.S. market fully following a U.S. authorities order that banned the sale of the corporate’s software program attributable to safety dangers.

Salesforce

Eliminated about 300 workers in its workforce because it rolls out a broader effort to chop prices and streamline its operations.

Intuit

Will lower 1,800 workers, impacting 10% of its workforce. The firm says greater than half have been lower attributable to low efficiency and goals to rent roughly the identical variety of workers as an alternative of chopping prices.

UiPath

Plans to chop 420 jobs, 10% of its complete workforce, as the corporate undergoes a big restructuring effort.

UKG

Cut an estimated 2,200 workers, amounting to just about 14% of its workforce, because the software program firm makes an attempt to redirect its assets into “key areas of product innovation.”

OpenText​​

Plans to chop roughly 1,200 jobs, amounting to virtually 2% of its complete workforce, as the data administration firm plans to considerably cut back its bills by 2025.

Unacademy

Is shedding about 250 workers within the newest in a collection of job cuts after colleges reopened throughout India following pandemic lockdowns.

Koo

Is ceasing its operations after its last-resort acquisition talks with Dailyhunt collapsed.

Upside Foods

Has lower its workforce by 26 individuals, CEO Uma Valeti wrote in an e-mail to employees, because the lab-grown meat business sees a decline in VC funding.

Sightful

Is eliminating 20 workers, amounting to a 3rd of its complete workforce, as the corporate shifts its focus to software program improvement.

June 2024

RealPage

Will lower roughly 4% of its workforce as a part of a plan to spice up progress, although the corporate can be one in all many inside its subject dealing with a consolidated lawsuit alleging they engaged in worth fixing.

Planet

Intends to put off roughly 180 workers, amounting to 17% of its workforce, in response to an SEC submitting that quantities to its second current spherical of layoffs.

Moxion Power

Is shedding greater than 100 workers, in response to a WARN submitting. The information of the cuts comes after the corporate launched a big workplace growth in Richmond, California.

eBay

Is reportedly conducting layoffs in Israel because it goes by way of a world restructuring.

BeReal

Is reportedly chopping a lot of its employees after being acquired by French gaming firm Voodoo.

Flutterwave

Has laid off about 30 individuals, accounting for 3% of its workforce, because it refocuses its enterprise to enterprise.

Ginkgo Bioworks

Terminated 158 workers, with one other batch of layoffs anticipated to come back as the corporate goals to scale back its workforce by 25%.

Moovit

Is making cuts to 10% of its workforce, impacting round 20 to 25 workers.

Wex

Is shedding 375 workers, accounting for five% of its complete workforce.

PayPal

Will get rid of as much as 85 workers primarily based in Ireland, the corporate introduced.

Rapyd

Is reportedly shedding round 30 workers in Israel and can transfer positions to different areas to chop prices.

C2FO

Cut 16 workers in its provider useful resource administration division because it focuses on automation.

Chegg

Is lowering its world headcount by 23% in a serious restructuring effort as the net studying platform goals to turn into a “leaner” operation.

StackPath

Is closing up store and liquidating its belongings. The variety of workers affected is presently unknown.

Unit

Is lowering its headcount by 15% as the corporate makes an attempt to “suppose in longer time frames,” the corporate introduced in a weblog put up.

Loop

Is making extra cuts, co-CEO Carey Anne Nadeau introduced on LinkedIn. The variety of workers impacted is presently unknown.

Care/of

Will lay off its 143 workers by July 3 attributable to a “funding loss,” and can not be accepting new orders. The firm has not shut down totally although, telling TechCrunch: “We are actively exploring choices for the model however should not have something definitive to speak at the moment.”

Running Tide

Shut down its operations and laid off its remaining workers after elevating greater than $50 million since its 2017 begin.

Satellogic

Is shedding 70 workers, about 30% of its workforce, three weeks after an earlier spherical of cuts impacted 34 workers.

ByteDance

Is slashing round 450 jobs at its Indonesian e-commerce division, accounting for 9% of the unit. 

VRChat

Has eradicated round 30% of its complete workforce, CEO Graham Gaylor confirmed in a press release.

Paytm

Is reportedly conducting giant cuts throughout the corporate. The complete variety of workers impacted is presently unknown.

Kissflow

Has lower round 45 jobs as a part of a restructuring effort.

Copia Global

Has laid off no less than 1,060 workers two weeks after the startup filed for administration.

Revel

Is shedding its 1,000+ employees drivers because it embraces a gig employee mannequin much like that of Lyft and Uber.

Simpl

Has lower 30 workers a month after the Bengaluru-based startup laid off 160 individuals.

Oda

Has confirmed layoffs of 150 jobs because it drastically scales again its growth ambitions to deal with its markets in Norway and Sweden.

Pagaya

Is shedding 100 staff, or 20% of its employees, in one other spherical of cuts.

MoonPay

Is reportedly shedding 10% of its workforce, amounting to round 30 individuals.

Microsoft

Is reportedly chopping lots of of workers working in its Azure cloud enterprise, although the precise variety of workers impacted is presently unknown.

OrCam

Is shedding 100 workers months after lowering its headcount by 50 staff.

Google

Is reportedly making giant cuts globally throughout a number of of its Cloud groups, together with groups targeted on sustainability, consulting and accomplice engineering.

Tropic

Is eliminating 40 workers as a part of a restructuring effort, CEO David Campbell wrote in a put up on LinkedIn. 

May 2024

Gro Intelligence

Is shutting down its operations after shedding 60% of its employees in March in an try to remain afloat.

Jasper Health

Has laid off a considerable a part of its workforce, TechCrunch discovered. Engineering and product design departments have been most impacted by the cuts on the most cancers care platform startup.

Cirium

Is shedding 37 tech staff at FlightStats, the flight monitoring startup it acquired in 2016, because it plans to consolidate its operations in India and the U.Okay.

Walnut

Is chopping 15 workers in a spherical of layoffs, impacting 20% of the Israeli startup’s complete workforce.

Fisker

Has laid off lots of of workers in a bid to maintain the EV startup alive. One present and one laid off worker informed TechCrunch solely that an estimated 150 individuals stay on the firm.

Cue Health

Is shutting down its operations and shedding the remainder of its employees. The COVID-19 take a look at firm laid off half of its workforce earlier this month to chop prices.

Foursquare

Has let go of 105 workers as the corporate seeks to “streamline” its operations, in response to an e-mail to staffers from present CEO Gary Little.

Lucid Motors

Is shedding about 400 workers, roughly 6% of its workforce, as a part of a restructuring forward of the launch of its first electrical SUV later this 12 months.

TikTok

Will reportedly make giant cuts to its world operations and advertising and marketing groups. The quantity of workers impacted is presently unknown.

Pixar

Will reportedly lower 14% of its employees, impacting 175 workers, as the corporate shifts its focus from unique Disney+ programming again to movies.

Replit

Let go of 20% of its employees because the coding startup shifts its focus to enterprise gross sales.

SeekOut

Cut about 30% of its complete workforce. The recruiting startup that makes use of AI to seek out candidates was final valued at over $1.2 billion in January 2022.

Gopuff

Eliminated 6% of its employees in one other spherical of layoffs because the fast-delivery startup makes an attempt to turn into cash-flow constructive by the tip of 2024.

Atmosphere

Plans to put off 106 workers, in response to a WARN discover filed in Texas. 

Mainvest

Has shut down its operations. The variety of workers affected is presently unknown.

Indeed

Is chopping roughly 1,000 jobs, impacting 8% of the corporate’s headcount, CEO Chris Hyams wrote in a letter to employees.

Motional

Cut round 40% of its workforce, impacting about 550 workers, sources informed TechCrunch. The firm’s chief working officer, Abe Ghabra, has additionally left the corporate.

Google

Will get rid of 57 positions in San Francisco, in response to a WARN discover filed in California.

Vacasa

Is eliminating 800 workers, accounting for 13% of its workforce, as a part of a restructuring effort.

Brilliant

Told The Verge it has laid off most of its employees and is not promoting its good house controllers and lightweight switches because it appears for a purchaser.

Enovix

Laid off roughly 170 staff, impacting a 3rd of its complete headcount, in an effort to chop again on annual working prices. 

Microsoft

Closed Arkane Austin, Tango Gameworks, and extra recreation studios as a part of cuts at Bethesda. It’s presently unclear what number of workers shall be impacted.

Cue Health

Is eliminating 230 workers, about 49% of its workforce, in a value chopping measure specified by paperwork filed with the U.S. SEC.

Luminar

Is slashing its workforce by 20%. The cuts will have an effect on round 140 workers, and the corporate can be chopping ties with “the bulk” of its contract staff.

Sprinklr

Has laid off about 3% of its workforce, impacting 116 individuals, the corporate confirmed to TechCrunch in a press release. 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 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 employees throughout key groups like Flutter, Dart and Python. It is presently unclear what number of workers have been let go.

Fisker

Is shedding extra workers to “protect money,” in response to an inner e-mail considered by TechCrunch. The variety of cuts is presently unknown.

Getir

Is shutting down operations within the U.S., the U.Okay. and Europe, impacting no less than 6,000 jobs throughout the closing markets.

Ola

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

True Anomaly

The house and protection startup laid off practically 30 individuals, accounting for about 25% of its workforce, attributable to “duplication of roles and capabilities throughout the corporate,” TechCrunch solely reported.

Expedia

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

Nike

Plans to get rid of 740 workers at its Oregon headquarters this summer time, in response to 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 value chopping measures. The variety of workers affected was on the time unknown.

Rivian

Is lowering its complete 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 workers. The GTA 6 writer additionally introduced the elimination of “a number of tasks” in improvement.

Tome

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

Tesla

Is chopping “greater than 10%” of its world workforce, per an inner e-mail despatched by CEO Elon Musk. That might affect greater than 14,000 staff worldwide, as Tesla prepares itself “for our subsequent part of progress” amid a difficult EV market.

Criteo

Is lowering its world workforce by practically 4%, impacting as much as 140 workers.

TikTok

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

Hinge Health

Cut roughly 10% of its workforce, TechCrunch solely discovered, as the corporate prepares for an Initial Public Offering and goals to succeed in profitability.

Checkr

Has laid off 382 workers, amounting to 32% of its complete workforce, TechCrunch solely 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 employees in a restructuring effort. The variety of workers impacted is presently unknown, however sources informed Inc42 that it could possibly be “within the vary of 70-100” staff.

Apple

Is shedding 614 workers in California after abandoning its electrical automobile challenge, in response to a WARN discover.

Agility Robotics

Has laid off a “small quantity” of workers as a part of a company-wide deal with 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 lower lots of of jobs throughout Sales, Marketing, Global Services and its Physical Stores Technology group.

Byju’s

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

March 2024

Reliance

Reliance, largest conglomerate in India, took its time in asserting it had laid off greater than 42,000 individuals in its fiscal 12 months, which led to March. That important quantity accounted for 11% of its workforce, and one other 143,000 workers took “voluntary separations” in the identical time.

ChowNow

Has laid off 20% of its employees 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 essentially made up of contractors. A Nintendo spokesperson informed Kotaku the modifications will finish some assignments however will result in the creation of latest full-time positions.

Dell

Cut its world workforce by about 6,000 jobs, in response to a 10-Okay SEC submitting. The submitting reveals the corporate lower 13,000 jobs within the final 12 months.

Synctera

Has made cuts to its employees, 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 chopping 195 roles in an effort to turn into extra sustainable, CEO Henry Chan wrote in a weblog put up. The layoffs affect practically 1 / 4 of its employees.

Airmeet

Reportedly eradicated 20% of its complete workforce in its second restructuring effort prior to now 12 months.

Chipper Cash

Conducted one other spherical of layoffs impacting 20 workers, CEO Ham Serunjogi introduced in a weblog put up. 

Textio

Has reportedly lower 16% of its employees 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 lower employees final 12 months, employed slightly greater than 100 individuals.

IBM

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

Inscribe.ai

Cut slightly below 40% of its employees, equating to dozens of workers, 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 be capable of cut back 20% of its headcount because of AI.

Sorare

Laid off 13% of its employees 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 informed TechCrunch.

Melio

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

ONE

Is chopping about 13% of its workforce, affecting 40 workers. It’s the second spherical of layoffs for the battery startup in current months.

Project Ronin

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

February 2024

Fisker

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

EA

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

Bumble

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

Apple

Is possible chopping lots of of workers who labored on the corporate’s autonomous electrical automobile challenge now that the hassle has stopped, TechCrunch has discovered.

Sony

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

Expedia

Will reportedly lower 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 workers, or 17% of its workforce. It’s the monetary startup’s third main layoff spherical prior to now 12 months.

Rivian

Is shedding 10% of its salaried workforce in a bid to chop prices in an more and more powerful 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 informed TechCrunch solely.

Cisco

Announced it should get rid of 5% of its workers, 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’s going to lay off roughly 250 workers as a part of a restructuring effort.

Mozilla

Is scaling again its funding in plenty of merchandise, TechCrunch has discovered, leading to layoffs that can have an effect on roughly 60 workers.

Grammarly

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

Getaround

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

Amazon

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

DocuSign

Announced plans to get rid of 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 workers, in an effort to “cut back hierarchy.”

Polygon Labs

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

Okta

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

January 2024

Thinx

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

Proofpoint

Is shedding about 6% of its world workforce, or 280 workers, 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 informed 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 informed TechCrunch it was anticipated to be within the “hundreds.”

Aurora Solar

Has laid off 20% of its employees of about 1,000 individuals, TechCrunch solely discovered. The cuts to the software program startup come regardless of document progress 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 employees. This comes after the corporate had a big discount of 10% of its workforce in 2023.

Flexport

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

Microsoft

Is shedding 1,900 workers throughout its gaming divisions following its acquisition of Activision Blizzard. Blizzard president Mike Ybarra introduced he can even be stepping down.

Swiggy

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

Aurora

Laid off dozens of staff, in response to sources acquainted with the choice. The autonomous automobile expertise 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 workers. In a weblog put up, 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 workers amid restructuring.

Brex

Laid off 20% of its employees, affecting 282 staff. In a weblog put up, Co-CEO Pedro Franceschi mentioned that the corporate is prioritizing “long-term considering and possession over short-term positive aspects 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, in response to NPR’s preliminary reporting, are largely in gross sales and promoting.

Vroom

Is chopping 90% of its workers because it shuts down its on-line used automobile market and shifts assets into two enterprise models: one targeted on auto financing and the opposite on AI-powered analytics.

Riot Games

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

Wayfair

Is eliminating 13% of its world workforce, affecting 1,650 workers, in a restructuring effort geared toward chopping layers of administration.

YouTube

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

Google

Is shedding “lots of” of workers in its promoting gross sales group, in response to 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 informed the corporate in a memo obtained by the Verge.

Lost Boys Interactive

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

Pixar

Is going to put off workers in 2024, TechCrunch solely discovered, with the entire impacted workers doubtlessly reaching as excessive as 20% of the animation studio’s 1,300 individual workforce. The cutbacks come as Disney appears to scale back the studio’s output because it struggles to attain profitability in streaming.

Audible

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

Discord

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

Google

Laid off lots of of workers 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 lots of” of workers at Prime Video and MGM Studios, in response to a memo obtained by TechCrunch. The cuts come days after the five hundred layoffs at Amazon’s Twitch.

Twitch

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

Treasure Financial

Confirmed to TechCunch that layoffs, performed in December, had impacted 14 workers, accounting for 60% to 70% of the corporate, in response to a number of sources.

Duolingo

Confirmed it lower 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 lower 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 lowering 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 workers because the German startup, which constructed collaborative presentation software program, appears to pursue a “fully totally different path.” CEO and co-founder Christian Reber additionally stepped down.

BenchSci

The AI and biomedical startup reportedly lower 17% of its workforce January 8, citing “shifts within the financial surroundings,” in a LinkedIn put up asserting the layoffs. 

Flexe

Eliminated 38% of its employees 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 employees, 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 targeted on laptop imaginative and prescient for retailers.

InForethought

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 employees, totaling 60 workers. The Israel-based unicorn reportedly plans to maneuver some impacted workers into different positions on the firm.

Frontdesk

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