More

    A complete listing of 2024 tech layoffs


    The tech layoff wave continues to be going robust in 2024. Following vital workforce reductions in 2022 and 2023, this yr has greater than 130,000 job cuts throughout 457 firms, in keeping with impartial 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 instances, have shut down operations altogether.

    By monitoring these layoffs, we’re capable of perceive the impression on innovation throughout firms massive and small. We’re additionally capable of see the potential impression of companies embracing AI and automation for jobs that had beforehand been thought-about secure. It additionally serves as a reminder of the human impression of layoffs and what may very well be at stake with regard 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 often. If you have got a tip on a layoff, contact us right here. If you favor to stay nameless, you may contact us right here.

    • November 2024: 5,925 workers laid off — see all November 2024 Tech Layoffs
    • October 2024: 3,659 workers laid  off — see all October 2024 Tech Layoffs
    • September 2024: 3,765 workers laid off — see all September 2024 Tech Layoffs
    • August 2024: 26,024 workers laid off — see all August 2024 Tech Layoffs
    • July 2024: 9,051 workers laid off — see all July 2024 Tech Layoffs
    • June 2024: 10,083 workers laid off — see all June 2024 Tech Layoffs
    • May 2024: 11,011 workers laid off — see all May 2024 Tech Layoffs
    • April 2024: 22,423 workers laid off — see all April 2024 Tech Layoffs
    • March 2024: 7,403 workers laid off — see all March 2024 Tech Layoffs
    • February 2024: 15,639 workers laid off — see all February 2024 Tech Layoffs
    • January 2024: 34,107 workers laid off — see all January 2024 Tech Layoffs

    December 2024

    Boston Dynamics

    Has laid off 45 workers, accounting for five% of its whole workforce. A spokesperson advised The Boston Globe the cuts impacted “practically each perform all through the enterprise.”

    OfferUp

    Is chopping 22% of its workforce because it makes an attempt to increase into new product strains. The whole variety of employees impacted will not be at present identified.

    Canoo

    Is present process one other layoff spherical two months after the EV startup relocated workers to Texas to keep away from chapter. More than 20 workers have been included within the cuts.

    Foundry

    Eliminated 27% of its workforce. The cuts embrace 16% of its U.S.-based workers, in addition to a “small group in India,” affecting a complete of 74 employees.

    Calendly

    Laid off 70 workers, roughly 13% of its workforce. The cuts impacted groups in engineering, buyer expertise, advertising and marketing, and billing.

    Yahoo

    Laid off round 25% of its cybersecurity group — generally known as The Paranoids — during the last yr, TechCrunch has realized. The cuts impacted 40 to 50 workers out of a complete employees of 200.

    Bluevine

    Is chopping 100 workers, impacting its international workforce by roughly 18%. It’s the fintech firm’s second layoff spherical in six months.

    EasyKnock

    Has abruptly shut down. The information follows a number of lawsuits filed towards the proptech firm and an FTC client alert about controversial sale-leaseback fashions.

    Carousell

    Is eliminating 76 roles in a reorganization effort. The cuts account for about 7% of the Singapore-based firm’s whole headcount. 

    Mixtroz

    Is shutting down its operations, co-founders Kerry Schrader and Ashlee Ammons Halpin introduced.

    Stash

    Reportedly laid off 40% of its roughly 220-person workforce in a significant restructuring effort following the departure of CEO Liza Landsman in September.

    Booking Holdings

    Has laid off 60 workers in one in all its B2B models as the corporate shifts its focus to AI.

    Lightspeed Commerce

    Will lay off roughly 200 workers as a part of a “strategic evaluation” of its enterprise whereas exploring a possible sale. The firm lower 280 employees in April as a part of a restructuring effort.

    November 2024

    AlphaSense

    Laid off 150 workers, impacting 8% of its workforce, in a brand new restructuring effort following its July 2024 acquisition of Tegus.

    Ola Electric

    Is reportedly letting go of as much as 500 workers in an effort to spice up its profitability. The cuts would impression greater than 10% of its whole workforce.

    Hopper

    Cut roughly 10% of its workforce, affecting 60-65 workers, as the web journey company conducts one other reorganization try.

    LinkedIn

    Eliminated 202 workers, accounting for roughly 1% of its whole workforce. The cuts impacted engineering and buyer assist roles, spokesperson Greg Snapper confirmed to The Information.

    Headspace

    Is chopping 13% of its workforce and shifting its employees of scientific therapists to part-time or contract roles in an effort to “reset” the unicorn startup. It’s unknown precisely what number of workers have been impacted.

    Truelayer

    Reportedly laid off roughly 1 / 4 of its workers. Sources advised City AM that the previous unicorn startup lower 71 roles earlier than saying a $50 million funding spherical.

    AppLovin

    Announced 120 layoffs in a brand new WARN submitting. The submitting comes every week after the promoting software program firm hit a $97.7 billion valuation.

    Stoa

    Has shut down its operations after 4 years in enterprise, CEO Raj Kunkolienkar introduced on LinkedIn.

    AMD

    Is shedding 4% of its workforce to deal with “massive development alternatives.” AMD had roughly 26,000 workers as of final yr, so the cuts may impression roughly 1,000 employees.

    23andMe

    Is chopping 40% of its workforce, impacting greater than 200 workers, as a part of a restructuring effort on the firm. Since going public in 2021, 23andMe has misplaced greater than 99% of its worth amid declining curiosity in its merchandise and subscriptions, plus an information breach in 2023 that resulted in 7 million customers’ ancestry information being stolen.

    Chegg

    Is shedding 319 workers, accounting for 21% of its whole employees, because it struggles to compete with ChatGPT and different AI merchandise. Like 23andMe, on the time of writing, Chegg has additionally misplaced 99% of its valuation since going public in 2013.

    Enphase Energy

    Is shedding roughly 500 employees, affecting 17% of the photo voltaic and EV charging firm’s whole workforce. Enphase laid off 10% of its workforce lower than a yr in the past, as they and different photo voltaic firms proceed to face vital headwinds.

    Exosonic

    Is shutting down after 5 years of operation. In 2020, the supersonic plane startup joined Y Combinator’s Winter cohort in 2020 and went on to lift over $4.5 million.

    Freshworks

    Is shedding 660 workers globally, accounting for 13% of the corporate’s whole workforce, because the software-as-a-service firm for buyer and IT service administration goals to complete a restructuring effort by the top of the yr.

    Akamai

    The cloud computing firm is eliminating 2.5% of its workforce, impacting roughly 250 workers. The firm made the same sized lower to its workforce at the start of 2023.

    ShareFile

    Announced it’ll lower practically 200 jobs in North Carolina, shortly after its acquisition by Progress Software Corp.

    Just Eat

    Is decreasing its headcount by 300 workers, accounting for two% of the meals supply firm’s whole work drive.

    iRobot

    Is shedding 105 workers — about 16% of the corporate’s workforce. The transfer comes after iRobot slashed roughly 350 jobs earlier this yr, following the scuttling of an acquisition by Amazon for $1.7 billion.

    The Mozilla Foundation

    Has laid off 30% of its workers because the group says it faces a “relentless onslaught of change.” It’s the second layoff spherical at Mozilla this yr.

    Maven Clinic

    Reportedly lower 10% of its employees, impacting roughly 60 workers. In October 2024, the corporate introduced a $125 million Series F Round.

    Bowery Farming

    Is shutting down its operations. The agtech firm was valued at $2.3 billion in 2021.

    October 2024

    Tidal

    Is conducting one other spherical of layoffs, reportedly impacting as much as 100 workers. CEO Jack Dorseytold workers in an e mail that the corporate must function “like a startup once more.” 

    X

    Reportedly carried out a spherical of layoffs. The variety of workers impacted is at present unknown.

    Coursera

    Cut 10% of its whole workforce because the schooling firm struggles with its prospects not renewing their subscriptions.

    Dropbox

    Is letting go of 20% of its workforce as the corporate undergoes what CEO Drew Houston calls a “transitional interval.” The discount in headcount will impression 528 workers.

    Consensys

    Has laid off 20% of its whole workforce because it faces struggles within the Ethereum market.

    F5

    Is trimming its international workforce by practically 2% in a cost-cutting measure, impacting roughly 100 workers.

    Kyte

    Is pulling out of just about all of its main markets within the U.S. and has lower its workforce roughly in half because it shifts its deal with simply San Francisco and New York City.

    Upwork

    Is decreasing its whole workforce by 21% as the corporate goals to generate $60 million in annual price financial savings.

    Venminder

    Will lay off 100 workers after being acquired by threat and vendor administration firm Ncontracts.

    Jellysmack

    Is shedding employees in a reorganization effort impacting 22 workers within the U.S. Cuts will reportedly additionally impression staffers in France within the coming months.

    CapWay

    Has been shut down, founder Sheena Allen wrote on LinkedIn. The Y Combinator-backed fintech sought to deliver monetary providers to folks in banking deserts.Meta

    Employees throughout a number of groups throughout Meta have been laid off as the corporate appears to “guarantee sources are aligned with their long-term strategic targets,” within the phrases of its emailed assertion to TechCrunch. What Meta didn’t element was the scope or particular groups affected by the layoffs, although Threads, recruiting and authorized have been confirmed to not be unaffected.

    Boeing

    Will lower 10% of its workforce, impacting roughly 17,000 workers. The cuts comply with a lack of $9.97 a share in Q3 amid a continued machinist union strike.

    Stellantis

    Is shedding 1,100 workers in Michigan, impacting the corporate’s subsidiary manufacturers Chrysler, Jeep, Ram, and Dodge.

    TikTok

    Is shedding a whole bunch of workers, primarily in Malaysia, because the social community turns to AI for content material moderation. The firm mentioned fewer than 500 folks have been affected.

    Samsung

    Is chopping jobs in Southeast Asia and Australia to “enhance operational effectivity.” A spokesperson advised TechCrunch that it hasn’t “set a goal quantity for any specific positions,” although the cuts may impression roughly 10% of employees in these markets

    Kasperksy

    Is shutting down its UK workplace and shedding dozens of employees, TechCrunch has realized. The cuts come simply three months after the corporate began closing down its U.S. operations. 

    NFX

    Laid off 4 workers because the agency appears to “rebalance” its sources from its software program and product groups to its investing group, common accomplice Pete Flint advised TechCrunch.

    Eaze

    Is shedding 500 workers because it begins winding down its operations. In a message to employees, CEO Cory Azzalino cited the “ongoing challenges of the California hashish market” as a purpose for the closure. 

    PubMatic

    Eliminated 1% of its whole workforce, impacting roughly greater than a dozen workers, because it reportedly pivots its enterprise to connected-TV promoting.

    Tome

    Has laid off practically a 3rd of its workers in a “resetting” try for the corporate. It’s the second layoff spherical for the AI startup in 2024.

    Alma

    Has laid off 9% of its whole workforce, impacting most departments, because it goals for “long-term sustainability.”

    Flexport

    Is decreasing its headcount by about 2%. It’s the second layoff spherical for Flexport this yr, the place the corporate lower 20% of its employees in January.

    UnusedBooks

    Let go of 140 workers throughout all of its groups because it goals to achieve profitability, CEO Mara Reiff introduced in a weblog publish.

    September 2024

    Shein

    Has lower 17 workers in Singapore as the corporate prepares for an Stock Launch on the London Stock Exchange.

    Drata

    The safety compliance platform has laid off 9% of its workforce, impacting 40 workers.

    Moov

    Reportedly laid off upwards of fifty workers, although Moov itself has not but confirmed the layoffs.

    FreightWaves

    Eliminated 16 jobs in gross sales, HR, and advertising and marketing, citing a big downturn within the freight market.

    Northvolt

    Is chopping 25% of its international workforce in an effort to chop prices. The layoffs impression upwards of 1,600 workers on the battery large.

    Olo

    Is decreasing its workforce by 9%, impacting roughly 50 workers, because it goals to fund future development initiatives.

    Healthy.io

    Cut 40 workers throughout its markets within the U.S., the UK, and Israel. The cuts come after the Israeli healthtech agency laid off 70 workers in 2023. 

    Reverb

    Reportedly eradicated 40 roles. The Chicago-based music gear market was acquired by Etsy in 2019.

    Luminar

    Is decreasing its employees by 30% as a part of a brand new cost-cutting measure, CEO Austin Russell introduced in a weblog publish. The cuts are largely made up of “non-technical” roles.

    Notable Labs

    Is eliminating 65% of its workforce and consultants and pausing a scientific trial of its most cancers therapy because it goals to reduce bills.

    CrawTrawler

    Is chopping 10% of its workforce, impacting roughly 40 workers. The firm, nonetheless, mentioned it’ll create 28 new roles as a part of its new technique.

    ApplyBoard

    Has eradicated 4% of its whole workforce because it restructures its operations in Ontario.

    Qualcomm

    Will lay off 226 employees in San Diego later this yr, in keeping with a California WARN discover. The resolution comes lower than a yr after the chipmaker let go of greater than 1,250 employees. 

    Udemy

    Will scale back its headcount in a brand new restructuring effort, impacting roughly 280 workers. The firm says that half of these affected by the cuts can be rehired, notably in the event that they work in decrease price markets.

    Amperity

    Will lay off 13% of its workforce. The firm beforehand laid off 20 workers earlier this yr, along with two different workforce reductions in 2023.

    Cisco

    Is decreasing its headcount by 7%, impacting round 5,600 workers. The cuts comply with one other layoff spherical from the corporate this yr, by which 4,000 workers have been impacted.

    Microsoft

    Is shedding round 650 workers in its gaming division. The layoffs come eight months after the gaming division confronted 1,900 job cuts after Microsoft acquired Activision Blizzard.

    Nori 

    Has shut down its operations citing a “powerful funding atmosphere,” 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 not 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, probably impacting employees within the firm’s Books and News groups.

    Brave

    Has laid off 27 workers throughout the totally different departments, TechCrunch has realized. The cuts impression roughly 14% of the net browser and search startup’s whole employees.

    Scale AI

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

    Skip the Dishes

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

    GoPro

    Will scale back its whole workforce by about 15% earlier than the top of the yr as a part of a significant restructuring effort. The cuts will impression round 139 employees.

    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 via a “strategic shift” in priorities. The variety of workers affected is at present unknown.

    Inuitive

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

    Formlabs

    Has laid off a “small quantity” of workers, the corporate completely confirmed to TechCrunch. The 3D printing agency says the cuts occurred over the previous two years and impression 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 eradicate hundreds of jobs in one other spherical of layoffs this yr. 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 working 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 tools via the Silicon Valley Disposition.

    Eventbrite

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

    LegalZoom

    Announced it’ll scale back its international 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 yr following a rocky interval for the corporate that has included monetary losses and management shakeups.

    Mobius

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

    Infineon

    Will lower 1,400 jobs globally, together with a whole bunch of roles at its German plant. The firm mentioned it’ll additionally relocate a further 1,400 workers to nations with decrease labor prices.

    Jam City

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

    Dell

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

    Intel

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

    July 2024

    Rad Power Bikes

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

    Match Group

    Has discontinued livestreaming providers throughout its courting 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 whole workforce.

    Bungie

    Will lower 220 workers, representing round 17% of the sport studio’s whole workforce. CEO Pete Parsons mentioned the adjustments impression 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.

    MeansCool 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 yr.

    Webflow

    Announced it’ll eradicate roughly 8% of its workforce as the corporate works towards its “subsequent part of development.”

    Cohere

    Is reportedly shedding about 20 workers, accounting for practically 5% of its whole 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 employees. 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 whole workforce. Earlier this yr, 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 forestall 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 yr, 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 needed reshuffling following a $133 million Series C funding spherical, TechCrunch has realized.

    Kaspersky

    Will lay off dozens of workers and go away the U.S. market utterly following a U.S. authorities order that banned the sale of the corporate’s software program as a result of 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 as a result of 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 whole 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 sources into “key areas of product innovation.”

    OpenText​​

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

    Unacademy

    Is shedding about 250 workers within the newest in a collection of job cuts after faculties 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 folks, 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 whole workforce, as the corporate shifts its focus to software program growth.

    June 2024

    RealPage

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

    Planet

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

    Moxion Power

    Is shedding greater than 100 workers, in keeping with 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 via a worldwide restructuring.

    BeReal

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

    Flutterwave

    Has laid off about 30 folks, 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 cut 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 whole workforce.

    PayPal

    Will eradicate as much as 85 workers based mostly 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 decreasing its international headcount by 23% in a significant restructuring effort as the web studying platform goals to grow to be a “leaner” operation.

    StackPath

    Is closing up store and liquidating its property. The variety of workers affected is at present unknown.

    Unit

    Is decreasing its headcount by 15% as the corporate makes an attempt to “assume in longer time frames,” the corporate introduced in a weblog publish.

    Loop

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

    Care/of

    Will lay off its 143 workers by July 3 as a result of 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 wouldn’t 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 whole workforce, CEO Graham Gaylor confirmed in a press release.

    Paytm

    Is reportedly conducting massive cuts throughout the corporate. The whole variety of workers impacted is at present unknown.

    Kissflow

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

    Copia Global

    Has laid off not 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 just like that of Lyft and Uber.

    Simpl

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

    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 employees, or 20% of its employees, in one other spherical of cuts.

    MoonPay

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

    Microsoft

    Is reportedly chopping a whole bunch of workers working in its Azure cloud enterprise, although the precise variety of workers impacted is at present unknown.

    OrCam

    Is shedding 100 workers months after decreasing its headcount by 50 employees.

    Google

    Is reportedly making massive 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 publish 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 realized. Engineering and product design departments have been most impacted by the cuts on the most cancers care platform startup.

    Cirium

    Is shedding 37 tech employees 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 whole workforce.

    Fisker

    Has laid off a whole bunch of workers in a bid to maintain the EV startup alive. One present and one laid off worker advised TechCrunch completely that an estimated 150 folks 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 keeping with 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 yr.

    TikTok

    Will reportedly make massive cuts to its international operations and advertising and marketing groups. The quantity of workers impacted is at present unknown.

    Pixar

    Will reportedly lower 14% of its employees, impacting 175 workers, as the corporate shifts its focus from authentic 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 whole 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 grow to be cash-flow optimistic by the top of 2024.

    Atmosphere

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

    Mainvest

    Has shut down its operations. The variety of workers affected is at present 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 advised TechCrunch. The firm’s chief working officer, Abe Ghabra, has additionally left the corporate.

    Google

    Will eradicate 57 positions in San Francisco, in keeping with 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 dwelling controllers and lightweight switches because it appears for a purchaser.

    Enovix

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

    Microsoft

    Closed Arkane Austin, Tango Gameworks, and extra sport studios as a part of cuts at Bethesda. It’s at present unclear what number of workers might 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 also be chopping ties with “the bulk” of its contract employees.

    Sprinklr

    Has laid off about 3% of its workforce, impacting 116 folks, the corporate confirmed to TechCrunch in a press release. The cuts come over a yr after the corporate eradicated about 4% of its headcount.

    Peloton

    Is shedding 15% of its workforce, affecting about 400 folks, 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 employees throughout key groups like Flutter, Dart and Python. It is at present unclear what number of workers have been let go.

    Fisker

    Is shedding extra workers to “protect money,” in keeping with an inside e mail seen 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 not 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 accustomed to the matter advised TechCrunch.

    True Anomaly

    The area and protection startup laid off practically 30 folks, accounting for about 25% of its workforce, as a result of “duplication of roles and features throughout the corporate,” TechCrunch completely reported.

    Expedia

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

    Nike

    Plans to eradicate 740 workers at its Oregon headquarters this summer season, in keeping with a WARN Act discover.

    Stability AI

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

    Google

    Is shedding employees as a part of continued price chopping measures. The variety of workers 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 yr.

    Take-Two

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

    Tome

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

    Tesla

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

    Criteo

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

    TikTok

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

    Hinge Health

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

    Checkr

    Has laid off 382 workers, amounting to 32% of its whole workforce, TechCrunch completely realized. 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 at present unknown, however sources advised Inc42 that it may very well be “within the vary of 70-100” employees.

    Apple

    Is shedding 614 workers in California after abandoning its electrical automotive mission, in keeping with 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 folks.

    Whirlpool

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

    AWS

    Will lower a whole bunch 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 whole workforce, as a part of a restructuring effort.

    March 2024

    Reliance

    Reliance, largest conglomerate in India, took its time in saying it had laid off greater than 42,000 folks in its fiscal yr, which led to March. That vital 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 folks in 2022.

    Nintendo of America

    Is restructuring its testing division, which is essentially made up of contractors. A Nintendo spokesperson advised Kotaku the adjustments 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, in keeping with a 10-Okay SEC submitting. The submitting reveals the corporate lower 13,000 jobs within the final yr.

    Synctera

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

    ShopBack

    Is chopping 195 roles in an effort to grow to be extra sustainable, CEO Henry Chan wrote in a weblog publish. The layoffs impression practically 1 / 4 of its employees.

    Airmeet

    Reportedly eradicated 20% of its whole workforce in its second restructuring effort prior to now yr.

    Chipper Cash

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

    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 folks.

    Phantom Auto

    Is shutting down after failing to safe new funding, TechCrunch has realized. The distant driving startup, which had lower employees final yr, employed slightly greater than 100 folks.

    IBM

    Is reportedly slashing its advertising and marketing and communications employees. The firm beforehand introduced a method to interchange 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 folks earlier this yr, 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 employees based mostly in its New York workplace because the web3 fantasy sports activities platform focuses on its Paris headquarters, a supply accustomed to 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 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 probably doesn’t have sufficient money available to outlive the subsequent 12 months.

    EA

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

    Bumble

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

    Apple

    Is probably chopping a whole bunch of workers who labored on the corporate’s autonomous electrical automotive mission now that the trouble has stopped, TechCrunch has realized.

    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 advised TechCrunch completely.

    Cisco

    Announced it’ll eradicate 5% of its workers, impacting greater than 4,000 folks.

    Toast

    Will lay off about 550 employees 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 a variety of merchandise, TechCrunch has realized, leading to layoffs that may 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 long run.”

    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 at present unknown.

    DocuSign

    Announced plans to eradicate 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 “scale back hierarchy.”

    Polygon Labs

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

    Okta

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

    January 2024

    Thinx

    Will lay off 95 employees in New York City, in keeping with a submitting with the New York Department of Labor.

    Proofpoint

    Is shedding about 6% of its international 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 accustomed to the state of affairs advised TechCrunch. 

    Block

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

    PayPal

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

    Aurora Solar

    Has laid off 20% of its employees of about 1,000 folks, TechCrunch completely realized. The cuts to the software program startup come regardless of report development within the photo voltaic business final yr.

    iRobot

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

    Salesforce

    Is reportedly shedding 700 employees, 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 deliver additional enhancements to its funds forward of a deliberate Stock Launch later this yr.

    Aurora

    Laid off dozens of employees, in keeping with sources accustomed to the choice. The autonomous car 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 publish, the corporate additionally plans to chop contract roles within the coming months.

    SAP

    Announced it intends to supply voluntary buyouts or job adjustments to eight,000 workers amid restructuring.

    Brex

    Laid off 20% of its employees, affecting 282 employees. In a weblog publish, Co-CEO Pedro Franceschi mentioned 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, in keeping with 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 automotive market and shifts sources 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 initiatives.” 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 workers, in a restructuring effort aimed toward chopping layers of administration.

    YouTube

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

    Google

    Is shedding “a whole bunch” of workers in its promoting gross sales group, in keeping with a leaked memo. The cuts come every 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 workers January 12. The sport developer studio was acquired by Borderlands maker Gearbox in 2022.

    Pixar

    Is going to put off workers in 2024, TechCrunch completely realized, with the full impacted workers probably reaching as excessive as 20% of the animation studio’s 1,300 particular person workforce. The cutbacks come as Disney appears to cut 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,” in keeping with a leaked memo obtained by Business Insider.

    Discord

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

    Google

    Laid off a whole bunch 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 a whole bunch” of workers at Prime Video and MGM Studios, in keeping with 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 battle to realize profitability within the face of rising prices and neighborhood backlash. The pending layoffs come after a whole bunch extra workers have been laid off in 2023.

    Treasure Financial

    Confirmed to TechCunch that layoffs, carried out in December, had impacted 14 workers, accounting for 60% to 70% of the corporate, in keeping with 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 via 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 folks. The online game engine maker went via 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 “utterly 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 atmosphere,” in a LinkedIn publish saying the layoffs. 

    Flexe

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

    NuScale

    Announced January 8 it’s shedding 28% of its employees, or 154 employees, 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.

    InDream

    Is shutting down on the finish of 2024 after a 12 yr 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 whole 200-person workforce January 2 after makes an attempt to lift extra capital failed, TechCrunch completely realized. The mass layoff comes simply seven months after the startup acquired rival Zencity. 





    Source hyperlink

    Recent Articles

    spot_img

    Related Stories

    Leave A Reply

    Please enter your comment!
    Please enter your name here

    Stay on op - Ge the daily news in your inbox