Friday, November 8, 2024

A complete record of 2024 tech layoffs


The tech layoff wave remains to be going sturdy in 2024. Following important workforce reductions in 2022 and 2023, this 12 months has already seen 60,000 job cuts throughout 254 firms, in keeping with impartial layoffs tracker Layoffs.fyi. Corporations 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 capable of perceive the impression on innovation throughout firms giant and small. We’re additionally capable of see the potential impression of companies embracing AI and automation for jobs that had beforehand been thought of secure. It additionally serves as a reminder of the human impression of layoffs and what might be at stake with reference to elevated innovation.

Under you’ll discover a complete record of all of the recognized layoffs in tech which have occurred in 2024, to be up to date usually. If in case you have a tip on a layoff, contact us right here. For those who favor to stay nameless, you possibly can contact us right here.

June 2024

Microsoft

Is reportedly slicing lots of 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 lowering its headcount by 50 staff.

Google

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

Tropic

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

Might 2024

Gro Intelligence

Is shutting down its operations after shedding 60% of its workers 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.Okay.

Walnut

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

Fisker

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

Cue Well being

Is shutting down its operations and shedding the remainder of its workers. The COVID-19 check 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 12 months.

TikTok

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

Pixar

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

Replit

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

SeekOut

Minimize 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 workers in one other spherical of layoffs because the fast-delivery startup makes an attempt to grow to be cash-flow optimistic by the tip of 2024.

Environment

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.

Certainly

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

Motional

Minimize round 40% of its workforce, impacting about 550 workers, sources advised TechCrunch. The corporate’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.

Sensible

Informed The Verge it has laid off most of its workers and is not promoting its sensible residence controllers and lightweight switches because it seems to be 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 present unclear what number of workers might be impacted.

Cue Well being

Is eliminating 230 workers, about 49% of its workforce, in a value slicing 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 slicing ties with “the bulk” of its contract staff.

Sprinklr

Has laid off about 3% of its workforce, impacting 116 folks, 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 folks, 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 staff in a brand new spherical of layoffs, CEO Elon Musk introduced in an in a single day e mail to executives.

Google

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

Fisker

Is shedding extra workers to “protect money,” in keeping with an inner 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 at the least 6,000 jobs throughout the closing markets.

Ola

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

True Anomaly

The house and protection startup laid off almost 30 folks, accounting for about 25% of its workforce, as a result of “duplication of roles and capabilities throughout the corporate,” TechCrunch solely reported.

Expedia

Is predicted to lower workers in its Austin workplace for the second time this 12 months.

Nike

Plans to eradicate 740 workers at its Oregon headquarters this summer time, 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 staff as a part of continued value slicing measures. The variety of workers 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 workers. The GTA 6 writer additionally introduced the elimination of “a number of tasks” in improvement.

Tome

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

Tesla

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

Criteo

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

TikTok

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

Hinge Well being

Minimize roughly 10% of its workforce, TechCrunch solely discovered, as the corporate prepares for an IPO and goals to succeed in profitability.

Checkr

Has laid off 382 workers, 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 workers in a restructuring effort. The variety of workers impacted is at present unknown, however sources advised Inc42 that it might be “within the vary of 70-100” staff.

Apple

Is shedding 614 workers in California after abandoning its electrical automobile mission, in keeping with a WARN discover.

Agility Robotics

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

Ghost Autonomy

Shut down operations. The corporate, 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 lots of of jobs throughout Gross sales, Advertising and marketing, World Providers and its Bodily Shops Expertise staff.

Byju’s

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

March 2024

ChowNow

Has laid off 20% of its workers after buying point-of-sale platform Cuboh. The corporate 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 recent full-time positions.

Dell

Minimize its world 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 12 months.

Synctera

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

ShopBack

Is slicing 195 roles in an effort to grow to be extra sustainable, CEO Henry Chan wrote in a weblog put up. The layoffs impression almost 1 / 4 of its workers.

Airmeet

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

Chipper Money

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

Textio

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

Stash

Is reportedly shedding round 25% of its workforce. In accordance with Axios, the cuts have an effect on roughly 80 folks.

Phantom Auto

Is shutting down after failing to safe new funding, TechCrunch has discovered. The distant driving startup, which had lower workers final 12 months, employed a little bit greater than 100 folks.

IBM

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

Inscribe.ai

Minimize just below 40% of its workers, equating to dozens of workers, the corporate confirmed to TechCrunch.

Turnitin

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

Sorare

Laid off 13% of its workers 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 advised 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 slicing about 13% of its workforce, affecting 40 workers. It’s the second spherical of layoffs for the battery startup in latest months.

Mission 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 doubtless doesn’t have sufficient money readily available to outlive the following 12 months.

EA

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

Bumble

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

Apple

Is probably going slicing lots of of workers who labored on the corporate’s autonomous electrical automobile mission now that the trouble has stopped, TechCrunch has discovered.

Sony

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

Expedia

Will reportedly lower 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 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 Meals

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

Cisco

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

Toast

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

Instacart

Introduced in an SEC submitting that it’s going to lay off roughly 250 workers as a part of a restructuring effort.

Mozilla

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

Grammarly

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

Getaround

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

Amazon

Is reportedly slicing 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 workers, in an effort to “cut back hierarchy.”

Polygon Labs

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

Okta

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

January 2024

Thinx

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

Proofpoint

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

Wattpad

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

Block

Is reportedly shedding round 1,000 folks 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 advised TechCrunch it was anticipated to be within the “1000’s.”

Aurora Photo voltaic

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

iRobot

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

Salesforce

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

Flexport

Is reportedly planning to chop round 20% of its workers within the subsequent few weeks. The corporate 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 will even be stepping down.

Swiggy

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

Aurora

Laid off dozens of staff, in keeping with sources acquainted with 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 put up, 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 workers amid restructuring.

Brex

Laid off 20% of its workers, affecting 282 staff. In a weblog put up, Co-CEO Pedro Franceschi mentioned that the corporate is prioritizing “long-term pondering 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 keeping with NPR’s preliminary reporting, are largely in gross sales and promoting.

Vroom

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

Riot Video games

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

Wayfair

Is eliminating 13% of its world workforce, affecting 1,650 workers, in a restructuring effort aimed toward slicing 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 “lots of” of workers in its promoting gross sales staff, in keeping 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 advised the corporate in a memo obtained by the Verge.

Misplaced 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

Goes to put off workers in 2024, TechCrunch solely discovered, with the overall impacted workers probably reaching as excessive as 20% of the animation studio’s 1,300 individual workforce. The cutbacks come as Disney seems to be to scale back the studio’s output because it struggles to realize profitability in streaming.

Audible

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

Discord

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

Google

Laid off lots of of workers throughout its Google Assistant division and the staff 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 lots of” of workers at Prime Video and MGM Studios, in keeping with a memo obtained by TechCrunch. The cuts come days after the 500 layoffs at Amazon’s Twitch.

Twitch

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

Treasure Monetary

Confirmed to TechCunch that layoffs, performed 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.

Lease the Runway

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

Unity

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

Pitch

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

BenchSci

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

Flexe

Eradicated 38% of its workers 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 workers, or 154 staff, because the small modular nuclear reactor firm shifts its focus to “key strategic areas.”

Trigo

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

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 almost $2B.

VideoAmp

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

Frontdesk

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




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