The tech layoff wave remains to be going robust in 2024. Following important workforce reductions in 2022 and 2023, this 12 months has already seen 60,000 job cuts throughout 254 firms, in line with impartial layoffs tracker Layoffs.fyi. Corporations 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 affect on innovation throughout firms massive and small. We’re additionally capable of see the potential affect of companies embracing AI and automation for jobs that had beforehand been thought of protected. It additionally serves as a reminder of the human affect of layoffs and what may very well be at stake with reference to elevated innovation.
Under you’ll discover a complete checklist of all of the identified layoffs in tech which have occurred in 2024, to be up to date usually. You probably have a tip on a layoff, contact us right here. In the event you desire to stay nameless, you possibly can contact us right here.
June 2024
Ginkgo Bioworks
Terminated 158 staff, 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 staff.
Wex
Is shedding 375 staff, accounting for five% of its whole workforce.
PayPal
Will eradicate as much as 85 staff based mostly in Eire, the corporate introduced.
Rapyd
Is reportedly shedding round 30 staff in Israel and can transfer positions to different areas to chop prices.
C2FO
Lower 16 staff in its provider useful resource administration division because it focuses on automation.
Chegg
Is lowering its world headcount by 23% in a significant restructuring effort as the net studying platform goals to grow to be a “leaner” operation.
StackPath
Is closing up store and liquidating its belongings. The variety of staff affected is at the moment 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 submit.
Loop
Is making extra cuts, co-CEO Carey Anne Nadeau introduced on LinkedIn. The variety of staff impacted is at the moment unknown.
Care/of
Will lay off its 143 staff by July 3 resulting from a “funding loss,” and can now not be accepting new orders. The corporate has not shut down totally although, telling TechCrunch: “We’re actively exploring choices for the model however do not need something definitive to speak presently.”
Operating Tide
Shut down its operations and laid off its remaining staff after elevating greater than $50 million since its 2017 begin.
Satellogic
Is shedding 70 staff, about 30% of its workforce, three weeks after an earlier spherical of cuts impacted 34 staff.
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 an announcement.
Paytm
Is reportedly conducting massive cuts throughout the corporate. The full variety of staff impacted is at the moment unknown.
Kissflow
Has reduce round 45 jobs as a part of a restructuring effort.
Copia World
Has laid off no less than 1,060 staff 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 reduce 30 staff 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 give attention to 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 tons of of staff working in its Azure cloud enterprise, although the precise variety of staff impacted is at the moment unknown.
OrCam
Is shedding 100 staff months after lowering its headcount by 50 staff.
Is reportedly making massive cuts globally throughout a number of of its Cloud groups, together with groups centered on sustainability, consulting and associate engineering.
Tropic
Is eliminating 40 staff as a part of a restructuring effort, CEO David Campbell wrote in a submit on LinkedIn.
Could 2024
Gro Intelligence
Is shutting down its operations after shedding 60% of its employees in March in an try to remain afloat.
Jasper Well being
Has laid off a substantial a part of its workforce, TechCrunch discovered. Engineering and product design departments had 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.Ok.
Walnut
Is chopping 15 staff in a spherical of layoffs, impacting 20% of the Israeli startup’s whole workforce.
Fisker
Has laid off tons of of staff 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 Well being
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 staff as the corporate seeks to “streamline” its operations, in line with an electronic mail to staffers from present CEO Gary Little.
Lucid Motors
Is shedding about 400 staff, 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 massive cuts to its world operations and advertising groups. The quantity of staff impacted is at the moment unknown.
Pixar
Will reportedly reduce 14% of its employees, impacting 175 staff, 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
Lower 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
Eradicated 6% of its employees in one other spherical of layoffs because the fast-delivery startup makes an attempt to grow to be cash-flow constructive by the top of 2024.
Environment
Plans to put off 106 staff, in line with a WARN discover filed in Texas.
Mainvest
Has shut down its operations. The variety of staff affected is at the moment unknown.
Certainly
Is chopping roughly 1,000 jobs, impacting 8% of the corporate’s headcount, CEO Chris Hyams wrote in a letter to employees.
Motional
Lower round 40% of its workforce, impacting about 550 staff, sources informed TechCrunch. The corporate’s chief working officer, Abe Ghabra, has additionally left the corporate.
Will eradicate 57 positions in San Francisco, in line with a WARN discover filed in California.
Vacasa
Is eliminating 800 staff, accounting for 13% of its workforce, as a part of a restructuring effort.
Sensible
Advised The Verge it has laid off most of its employees and is now not promoting its sensible residence controllers and lightweight switches because it appears to be like for a purchaser.
Enovix
Laid off roughly 170 staff, 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 the moment unclear what number of staff might be impacted.
Cue Well being
Is eliminating 230 staff, 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 staff, and the corporate can also 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 an announcement. The cuts come over a 12 months after the corporate eradicated about 4% of its headcount.
Peloton
Is shedding 15% of its workforce, affecting about 400 individuals, as a part of a cost-cutting effort. The corporate’s CEO Barry McCarthy can also be stepping down.
April 2024
Tesla
Has gutted its charging workforce in a brand new spherical of layoffs, CEO Elon Musk introduced in an in a single day electronic mail to executives.
Has laid off employees throughout key groups like Flutter, Dart and Python. It’s at the moment unclear what number of staff had been let go.
Fisker
Is shedding extra staff to “protect money,” in line with an inside electronic mail seen by TechCrunch. The variety of cuts is at the moment unknown.
Getir
Is shutting down operations within the U.S., the U.Ok. 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 govt 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, resulting from “duplication of roles and capabilities throughout the corporate,” TechCrunch solely reported.
Expedia
Is predicted to reduce staff in its Austin workplace for the second time this 12 months.
Nike
Plans to eradicate 740 staff at its Oregon headquarters this summer season, in line with a WARN Act discover.
Stability AI
Is eliminating 10% of its workforce following the exit of former CEO Emad Mostaque.
Is shedding staff as a part of continued value chopping 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 12 months.
Take-Two
Is shedding 5% of its workforce, affecting round 579 staff. The GTA 6 writer additionally introduced the elimination of “a number of tasks” in growth.
Tome
Is eliminating about 20% of its 59 staff in a restructuring effort.
Tesla
Is chopping “greater than 10%” of its world workforce, per an inside electronic mail despatched by CEO Elon Musk. That would 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 staff.
TikTok
Is shedding 250 staff based mostly in Eire because it restructures its Coaching and High quality workforce.
Hinge Well being
Lower 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 the moment unknown, however sources informed Inc42 that it may very well be “within the vary of 70-100” staff.
Apple
Is shedding 614 staff in California after abandoning its electrical automobile venture, in line with a WARN discover.
Agility Robotics
Has laid off a “small quantity” of staff as a part of a company-wide give attention to 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, World Providers and its Bodily Shops Expertise workforce.
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 basically made up of contractors. A Nintendo spokesperson informed Kotaku the adjustments will finish some assignments however will result in the creation of latest full-time positions.
Dell
Lower its world workforce by about 6,000 jobs, in line with a 10-Ok SEC submitting. The submitting reveals the corporate reduce 13,000 jobs within the final 12 months.
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 chopping 195 roles in an effort to grow to be extra sustainable, CEO Henry Chan wrote in a weblog submit. The layoffs affect practically 1 / 4 of its employees.
Airmeet
Reportedly eradicated 20% of its whole workforce in its second restructuring effort previously 12 months.
Chipper Money
Carried out one other spherical of layoffs impacting 20 staff, CEO Ham Serunjogi introduced in a weblog submit.
Textio
Has reportedly reduce 16% of its employees in a strategic transfer to help its Textio Raise product.
Stash
Is reportedly shedding round 25% of its workforce. In accordance 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 12 months, employed a bit greater than 100 individuals.
IBM
Is reportedly slashing its advertising and communications employees. The corporate beforehand introduced a technique to exchange upwards of 8,000 jobs with AI.
Inscribe.ai
Lower slightly below 40% of its employees, equating to dozens of staff, the corporate confirmed to TechCrunch.
Turnitin
Laid off round 15 individuals earlier this 12 months, following feedback from CEO Chris Caren that the corporate would be capable of 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 acquainted with the matter informed 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 staff. It’s the second spherical of layoffs for the battery startup in latest months.
Challenge 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 doubtless doesn’t have sufficient money available to outlive the subsequent 12 months.
EA
Lower 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 chopping tons of of staff who labored on the corporate’s autonomous electrical automobile venture 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 & Expertise 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 powerful 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 informed TechCrunch solely.
Cisco
Introduced it’s going to eradicate 5% of its staff, impacting greater than 4,000 individuals.
Toast
Will lay off about 550 staff in a transfer designed to advertise “working expense effectivity.”
Instacart
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 a lot of 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 give attention to “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 the moment 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 submit.
Okta
Is shedding roughly 400 staff. The layoffs come nearly precisely a 12 months to the day after Okta introduced plans to chop about 300 staff.
January 2024
Thinx
Will lay off 95 staff in New York Metropolis, in line 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 acquainted with the state of affairs informed 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 informed 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 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 corporate introduced comparable 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 chopping about 400 jobs, 7% of its workforce, because the meals supply startup seeks to convey additional enhancements to its funds forward of a deliberate IPO later this 12 months.
Aurora
Laid off dozens of staff, in line with sources acquainted with the choice. The autonomous automobile know-how firm has since confirmed that about 3% of its workforce has been laid off.
eBay
Will lay off 9% of the corporate’s workforce, affecting about 1,000 full-time staff. In a weblog submit, the corporate additionally plans to chop contract roles within the coming months.
SAP
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 staff. In a weblog submit, Co-CEO Pedro Franceschi stated that the corporate is prioritizing “long-term pondering and possession over short-term beneficial properties 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 line with NPR’s preliminary reporting, are largely in gross sales and promoting.
Vroom
Is chopping 90% of its staff because it shuts down its on-line used automobile market and shifts sources into two enterprise items: one centered 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 tasks.” 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 chopping 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.
Is shedding “tons of” of staff in its promoting gross sales workforce, in line 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 informed 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 overall impacted staff doubtlessly reaching as excessive as 20% of the animation studio’s 1,300 particular person workforce. The cutbacks come as Disney appears to be like to 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 line with a leaked memo obtained by Enterprise Insider.
Discord
Is shedding 17% of its employees, impacting 170 individuals. In an inside memo obtained by the Verge, Discord CEO Jason Citron blamed the cuts on the corporate rising too rapidly.
Laid off tons of of staff throughout its Google Assistant division and the workforce 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 line 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 group backlash. The pending layoffs come after tons of extra staff had been laid off in 2023.
Treasure Monetary
Confirmed to TechCunch that layoffs, carried out in December, had impacted 14 staff, accounting for 60% to 70% of the corporate, in line 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.
Lease the Runway
Will reduce 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 staff because the German startup, which constructed collaborative presentation software program, appears to be like to pursue a “utterly totally 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 submit saying the layoffs.
Flexe
Eradicated 38% of its employees January 8 as the net retail logistics firm follows up after conducting layoffs in September 2023.
NuScale
Introduced 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 centered on laptop imaginative and prescient for retailers.
InVision
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 keep up 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 whole 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.
