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 keeping 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 circumstances, have shut down operations altogether.
By monitoring these layoffs, we’re in a position to perceive the influence on innovation throughout firms massive and small. We’re additionally in a position to see the potential influence of companies embracing AI and automation for jobs that had beforehand been thought of secure. It additionally serves as a reminder of the human influence of layoffs and what could possibly be at stake with reference to elevated innovation.
Under you’ll discover a complete listing 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. Should you favor to stay nameless, you possibly can contact us right here.
Could 2024
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
Minimize about 30% of its complete 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 turn out to be money circulate constructive 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 the moment unknown.
Certainly
Is slicing roughly 1,000 jobs, impacting 8% of the corporate’s headcount, CEO Chris Hyams wrote in a letter to employees.
Motional
Minimize round 40% of its workforce, impacing about 550 workers, sources advised TechCrunch. The corporate’s chief working officer, Abe Ghabra, has additionally left the corporate.
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
Advised The Verge it has laid off most of its employees and is now not promoting its sensible dwelling controllers and lightweight switches because it seems for a purchaser.
Enovix
Laid off roughly 170 staff, impacting a 3rd of its complete 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 workers shall 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 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 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 workers had been let go.
Fisker
Is shedding extra workers to “protect money,” in keeping with an inner electronic mail considered by TechCrunch. The variety of cuts is at the moment 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 government Hemant Bakshi, a supply accustomed to the matter advised TechCrunch.
True Anomaly
The area and protection startup laid off practically 30 individuals, 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 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.
Is shedding staff as a part of continued price slicing measures. The variety of workers affected was on the time unknown.
Rivian
Is decreasing its complete 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 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 electronic mail despatched by CEO Elon Musk. That might influence greater than 14,000 staff worldwide, as Tesla prepares itself “for our subsequent section of progress” amid a difficult EV market.
Criteo
Is decreasing its world workforce by practically 4%, impacting as much as 140 workers.
TikTok
Is shedding 250 workers based mostly in Eire because it restructures its Coaching and High quality workforce.
Hinge Well being
Minimize roughly 10% of its workforce, TechCrunch solely realized, as the corporate prepares for an IPO and goals to succeed in profitability.
Checkr
Has laid off 382 workers, amounting to 32% of its complete workforce, TechCrunch solely 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 the moment unknown, however sources advised Inc42 that it could possibly be “within the vary of 70-100” staff.
Apple
Is shedding 614 workers in California after abandoning its electrical automotive challenge, 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 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 lower tons of of jobs throughout Gross sales, Advertising, World Providers and its Bodily Shops Know-how workforce.
Byju’s
Is shedding about 500 workers, accounting for 3% of its complete 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 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 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 slicing 195 roles in an effort to turn out to be extra sustainable, CEO Henry Chan wrote in a weblog submit. The layoffs influence practically 1 / 4 of its employees.
Airmeet
Reportedly eradicated 20% of its complete workforce in its second restructuring effort up to now yr.
Chipper Money
Performed one other spherical of layoffs impacting 20 workers, CEO Ham Serunjogi introduced in a weblog submit.
Textio
Has reportedly lower 16% of its employees in a strategic transfer to assist 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 realized. The distant driving startup, which had lower employees final yr, employed a bit greater than 100 individuals.
IBM
Is reportedly slashing its advertising and marketing and communications employees. The corporate beforehand introduced a technique to switch upwards of 8,000 jobs with AI.
Inscribe.ai
Minimize just below 40% of its employees, equating to dozens of workers, the corporate confirmed to TechCrunch.
Turnitin
Laid off round 15 individuals earlier this yr, following feedback from CEO Chris Caren that the corporate would have the ability to cut 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 slicing about 13% of its workforce, affecting 40 workers. 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 workers.
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 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 tons of of workers who labored on the corporate’s autonomous electrical automotive challenge now that the hassle has stopped, TechCrunch has realized.
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 & Know-how 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 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 advised TechCrunch solely.
Cisco
Introduced it is going to eradicate 5% of its workers, 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’s going to lay off roughly 250 workers as a part of a restructuring effort.
Mozilla
Is scaling again its funding in quite a lot 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 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 the moment unknown.
DocuSign
Introduced plans to eradicate 6% of its workforce, largely impacting the corporate’s gross sales and advertising and marketing 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 employees, CEO Marc Boiron introduced in a weblog submit.
Okta
Is shedding roughly 400 workers. The layoffs come nearly precisely a yr 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 accustomed to the scenario advised 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 shall be affected, one supply advised TechCrunch it was anticipated to be within the “hundreds.”
Aurora Photo voltaic
Has laid off 20% of its employees of about 1,000 individuals, TechCrunch solely realized. The cuts to the software program startup come regardless of report progress within the photo voltaic trade final yr.
iRobot
Is shedding 350 individuals, 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 staff, or round 1% of its employees. 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 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 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 yr.
Aurora
Laid off dozens of staff, in keeping with sources accustomed to the choice. The autonomous automobile 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 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 workers 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 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 automotive market and shifts assets 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 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 geared 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.
Is shedding “tons of” of workers in its promoting gross sales workforce, 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.
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 realized, with the whole impacted workers doubtlessly reaching as excessive as 20% of the animation studio’s 1,300 individual workforce. The cutbacks come as Disney seems 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 employees, impacting 170 individuals. In an inner memo obtained by the Verge, Discord CEO Jason Citron blamed the cuts on the corporate rising too rapidly.
Laid off tons of of workers 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 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 group backlash. The pending layoffs come after tons of extra workers had been laid off in 2023.
Treasure Monetary
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.
Lease the Runway
Will lower about 10% of company roles because it goes by means 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 individuals. The online game engine maker went by means 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 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 setting,” in a LinkedIn submit 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 staff, 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 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 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 solely realized. The mass layoff comes simply seven months after the startup acquired rival Zencity.
