The tech layoff wave continues to be going robust in 2024. Following important workforce reductions in 2022 and 2023, this yr has already seen 60,000 job cuts throughout 254 firms, in accordance with impartial layoffs tracker Layoffs.fyi. Firms 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 impression on innovation throughout firms massive and small. We’re additionally in a position to 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 might be at stake with reference to elevated innovation.

Beneath you’ll discover a complete checklist of all of the recognized layoffs in tech which have occurred in 2024, to be up to date frequently. When you have a tip on a layoff, contact us right here. In case you desire to stay nameless, you may contact us right here.

Could 2024

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 yr 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 corporate’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’s at present unclear what number of staff had been let go.

Fisker

Is shedding extra staff to “protect money,” in accordance with an inner 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 no less than 6,000 jobs throughout the closing markets.

Ola

Is reducing about 180 jobs in a profitability push and has let go its chief govt Hemant Bakshi, a supply aware of the matter instructed TechCrunch.

True Anomaly

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

Expedia

Is predicted to reduce staff in its Austin workplace for the second time this yr.

Nike

Plans to eradicate 740 staff at its Oregon headquarters this summer time, in accordance 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 value reducing measures. The variety of staff affected was on the time unknown.

Rivian

Is lowering 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 staff. The GTA 6 writer additionally introduced the elimination of “a number of initiatives” in growth.

Tome

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

Tesla

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

Criteo

Is lowering its world workforce by almost 4%, impacting as much as 140 staff.

TikTok

Is shedding 250 staff based mostly in Eire because it restructures its Coaching and High quality group.

Hinge Well being

Minimize roughly 10% of its workforce, TechCrunch solely 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 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 staff impacted is at present unknown, however sources instructed Inc42 that it might be “within the vary of 70-100” employees.

Apple

Is shedding 614 staff in California after abandoning its electrical automobile undertaking, in accordance with a WARN discover.

Agility Robotics

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

Ghost Autonomy

Shut down operations. The corporate, 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 reduce tons of of jobs throughout Gross sales, Advertising, International Companies and its Bodily Shops Know-how 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 employees after buying point-of-sale platform Cuboh. The corporate 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 instructed Kotaku the adjustments will finish some assignments however will result in the creation of latest full-time positions.

Dell

Minimize its world workforce by about 6,000 jobs, in accordance with a 10-Okay SEC submitting. The submitting reveals the corporate reduce 13,000 jobs within the final yr.

Synctera

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

ShopBack

Is reducing 195 roles in an effort to change into extra sustainable, CEO Henry Chan wrote in a weblog publish. The layoffs impression almost 1 / 4 of its employees.

Airmeet

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

Chipper Money

Carried out one other spherical of layoffs impacting 20 staff, CEO Ham Serunjogi introduced in a weblog publish

Textio

Has reportedly reduce 16% of its employees in a strategic transfer to assist its Textio Elevate product. 

Stash

Is reportedly shedding round 25% of its workforce. In keeping with 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 reduce employees final yr, employed a little bit greater than 100 individuals.

IBM

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

Inscribe.ai

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

Turnitin

Laid off round 15 individuals earlier this yr, following feedback from CEO Chris Caren that the corporate would be capable to cut back 20% of its headcount because of 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 aware of the matter instructed 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 reducing about 13% of its workforce, affecting 40 staff. It’s the second spherical of layoffs for the battery startup in current months.

Mission 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 seemingly doesn’t have sufficient money available to outlive the subsequent 12 months.

EA

Minimize 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 going reducing tons of of staff who labored on the corporate’s autonomous electrical automobile 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 Video games, Naughty Canine, Guerrilla and Firesprite studios may also be impacted.

Expedia

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

Finder

Eradicated 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 Meals

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

Cisco

Introduced it should eradicate 5% of its staff, impacting greater than 4,000 individuals.

Toast

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

Instacart

Introduced 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 various 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 deal with “the AI-enabled office of the long run.”

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

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

Snap

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

Polygon Labs

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

Okta

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

January 2024

Thinx

Will lay off 95 employees in New York Metropolis, in accordance with a submitting with the New York Division of Labor.

Proofpoint

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

Wattpad

Carried out one other spherical of layoffs earlier this month, amounting to roughly 15% of its workforce, a supply aware of the scenario instructed TechCrunch. 

Block

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

PayPal

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

Aurora Photo voltaic

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 file development within the photo voltaic trade final yr.

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 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 corporate 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 deliver additional enhancements to its funds forward of a deliberate IPO later this yr.

Aurora

Laid off dozens of employees, in accordance with sources aware of 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 publish, the corporate additionally plans to chop contract roles within the coming months.

SAP

Introduced it intends to supply voluntary buyouts or job adjustments to eight,000 staff 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

Eradicated round 60 jobs throughout the U.S. in Los Angeles, New York, and Austin along with layoffs in worldwide markets. The affected roles, in accordance with 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 automobile market and shifts assets into two enterprise models: one targeted on auto financing and the opposite on AI-powered analytics.

Riot Video games

Is shedding 11% of its workforce, affecting about 530 staff, 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 world workforce, affecting 1,650 staff, in a restructuring effort geared toward reducing layers of administration.

YouTube

Will eradicate 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, in accordance with 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 instructed the corporate in a memo obtained by the Verge.

Misplaced Boys Interactive

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

Pixar

Goes to put off staff in 2024, TechCrunch solely discovered, with the whole impacted staff doubtlessly reaching as excessive as 20% of the animation studio’s 1,300 individual workforce. The cutbacks come as Disney seems to cut 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 accordance with a leaked memo obtained by Enterprise 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 shortly.

Google

Laid off tons of of staff throughout its Google Assistant division and the group that manages Pixel, Nest and Fitbit {hardware}. The corporate 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, in accordance with 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 employees, amid a continued wrestle to attain profitability within the face of rising prices and neighborhood backlash. The pending layoffs come after tons of extra staff had been laid off in 2023.

Treasure Monetary

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

Duolingo

Confirmed it reduce 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.

Hire the Runway

Will reduce 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 lowering its workforce by about 25%, or 1,800 individuals. The online game engine maker went via three rounds of layoffs in 2023.

Pitch

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

BenchSci

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

Flexe

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

NuScale

Introduced 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 pc imaginative and prescient for retailers.

InVision

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

VideoAmp

Is shedding almost 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 Safety

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

Frontdesk

Laid off its total 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

You May Also Like

More From Author

+ There are no comments

Add yours