The tech layoff wave remains to be going sturdy in 2024. Following vital workforce reductions in 2022 and 2023, this yr has already seen 60,000 job cuts throughout 254 corporations, 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 circumstances, have shut down operations altogether.
By monitoring these layoffs, we’re in a position to perceive the affect on innovation throughout corporations massive and small. We’re additionally in a position to see the potential affect of companies embracing AI and automation for jobs that had beforehand been thought-about secure. It additionally serves as a reminder of the human affect of layoffs and what may very well be at stake with regard to elevated innovation.
Under you’ll discover a complete listing of all of the recognized layoffs in tech which have occurred in 2024, to be up to date recurrently. You probably have a tip on a layoff, contact us right here. If you happen to choose to stay nameless, you may contact us right here.
Could 2024
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 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 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.
Has laid off workers 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 keeping with an inside 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 a minimum of 6,000 jobs throughout the closing markets.
Ola
Is reducing about 180 jobs in a profitability push and has let go its chief government Hemant Bakshi, a supply accustomed to the matter informed TechCrunch.
True Anomaly
The area and protection startup laid off almost 30 folks, accounting for about 25% of its workforce, on account of “duplication of roles and capabilities throughout the corporate,” TechCrunch solely reported.
Expedia
Is anticipated to lower staff in its Austin workplace for the second time this yr.
Nike
Plans to eradicate 740 staff 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.
Is shedding employees as a part of continued price reducing measures. The variety of staff 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 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 reducing “greater than 10%” of its world workforce, per an inside e-mail despatched by CEO Elon Musk. That would affect greater than 14,000 employees worldwide, as Tesla prepares itself “for our subsequent section of development” amid a difficult EV market.
Criteo
Is decreasing its world workforce by almost 4%, impacting as much as 140 staff.
TikTok
Is shedding 250 staff primarily based 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 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 workers in a restructuring effort. The variety of staff impacted is at present unknown, however sources informed Inc42 that it may very well be “within the vary of 70-100” employees.
Apple
Is shedding 614 staff in California after abandoning its electrical automotive undertaking, in keeping 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 folks.
Whirlpool
Is shutting down Yummly, the recipe and cooking app it acquired in 2017.
AWS
Will lower a whole bunch of jobs throughout Gross sales, Advertising and marketing, International Companies and its Bodily Shops Know-how staff.
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 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 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
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 yr.
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 reducing 195 roles in an effort to develop into extra sustainable, CEO Henry Chan wrote in a weblog put up. The layoffs affect almost 1 / 4 of its workers.
Airmeet
Reportedly eradicated 20% of its whole workforce in its second restructuring effort up to now yr.
Chipper Money
Carried out one other spherical of layoffs impacting 20 staff, 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 keeping 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 yr, employed a bit greater than 100 folks.
IBM
Is reportedly slashing its advertising and communications workers. The corporate beforehand introduced a technique to exchange upwards of 8,000 jobs with AI.
Inscribe.ai
Minimize just below 40% of its workers, equating to dozens of staff, the corporate confirmed to TechCrunch.
Turnitin
Laid off round 15 folks earlier this yr, following feedback from CEO Chris Caren that the corporate would be capable of scale back 20% of its headcount because of AI.
Sorare
Laid off 13% of its workers primarily based in its New York workplace because the web3 fantasy sports activities platform focuses on its Paris headquarters, a supply accustomed to the matter informed TechCrunch.
Melio
Is eliminating roughly 7% of its workforce as a part of organizational restructuring. The fintech unicorn final performed layoffs in August 2022.
ONE
Is reducing about 13% of its workforce, affecting 40 staff. It’s the second spherical of layoffs for the battery startup in current months.
Venture 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
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 a whole bunch of staff who labored on the corporate’s autonomous electrical automotive undertaking now that the hassle 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 lower 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 up 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 informed TechCrunch solely.
Cisco
Introduced it should eradicate 5% of its staff, impacting greater than 4,000 folks.
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 plenty of merchandise, TechCrunch has discovered, leading to layoffs that may 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 “scale back hierarchy.”
Polygon Labs
Has laid off 60 staff, or about 19% of its workers, CEO Marc Boiron introduced in a weblog put up.
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 keeping 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 accustomed to the scenario informed 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 will likely be affected, one supply informed 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 report development within the photo voltaic trade final yr.
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 employees, or round 1% of its workers. This comes after the corporate had a major 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 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 carry additional enhancements to its funds forward of a deliberate IPO later this yr.
Aurora
Laid off dozens of employees, in keeping with sources accustomed to 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 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 staff amid restructuring.
Brex
Laid off 20% of its workers, affecting 282 employees. In a weblog put up, 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 keeping 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 automotive market and shifts sources into two enterprise items: 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 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 aimed 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.
Is shedding “a whole bunch” of staff in its promoting gross sales staff, 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 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 entire impacted staff 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 attain 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 inside memo obtained by the Verge, Discord CEO Jason Citron blamed the cuts on the corporate rising too rapidly.
Laid off a whole bunch of staff 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 a whole bunch” of staff 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 staff, 35% of its present workers, amid a continued wrestle to attain profitability within the face of rising prices and neighborhood backlash. The pending layoffs come after a whole bunch 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 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 decreasing 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 staff because the German startup, which constructed collaborative presentation software program, seems to be to pursue a “utterly completely 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 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 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.
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 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 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 lift extra capital failed, TechCrunch solely discovered. The mass layoff comes simply seven months after the startup acquired rival Zencity.
