Thursday, December 26, 2024

A complete checklist of 2024 tech layoffs

The tech layoff wave continues to be going sturdy in 2024. Following important workforce reductions in 2022 and 2023, this yr has greater than 130,000 job cuts throughout 457 firms, in keeping with unbiased layoffs tracker Layoffs.fyi. Firms 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 protected. It additionally serves as a reminder of the human influence of layoffs and what might be at stake with regard 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 recurrently. You probably have a tip on a layoff, contact us right here. Should you choose to stay nameless, you possibly can contact us right here.

December 2024

Lilium

Ceased operations and laid off about 1,000 employees. However the firm is likely to be saved in any case: Lilium introduced {that a} consortium of traders agreed to amass two subsidiaries, which might enable it to restructure and exit insolvency.

Boston Dynamics

Has laid off 45 workers, accounting for five% of its whole workforce. A spokesperson instructed The Boston Globe the cuts impacted “practically each operate all through the enterprise.”

OfferUp

Is slicing 22% of its workforce because it makes an attempt to broaden into new product traces. The entire variety of employees impacted isn’t presently recognized.

Canoo

Is present process one other layoff spherical two months after the EV startup relocated workers to Texas to keep away from chapter. Greater than 20 workers had been included within the cuts.

Foundry

Eradicated 27% of its workforce. The cuts embrace 16% of its U.S.-based workers, in addition to a “small workforce in India,” affecting a complete of 74 employees.

Calendly

Laid off 70 workers, roughly 13% of its workforce. The cuts impacted groups in engineering, buyer expertise, advertising, and billing.

Yahoo

Laid off round 25% of its cybersecurity workforce — generally known as The Paranoids — over the past yr, TechCrunch has discovered. The cuts impacted 40 to 50 workers out of a complete workers of 200.

Bluevine

Is slicing 100 workers, impacting its international workforce by roughly 18%. It’s the fintech firm’s second layoff spherical in six months.

EasyKnock

Has abruptly shut down. The information follows a number of lawsuits filed in opposition to the proptech firm and an FTC shopper alert about controversial sale-leaseback fashions.

Carousell

Is eliminating 76 roles in a reorganization effort. The cuts account for about 7% of the Singapore-based firm’s whole headcount. 

Mixtroz

Is shutting down its operations, co-founders Kerry Schrader and Ashlee Ammons Halpin introduced.

Stash

Reportedly laid off 40% of its roughly 220-person workforce in a significant restructuring effort following the departure of CEO Liza Landsman in September.

Reserving Holdings

Has laid off 60 workers in certainly one of its B2B items as the corporate shifts its focus to AI.

Lightspeed Commerce

Will lay off roughly 200 workers as a part of a “strategic evaluate” of its enterprise whereas exploring a possible sale. The corporate minimize 280 employees in April as a part of a restructuring effort.

November 2024

AlphaSense

Laid off 150 workers, impacting 8% of its workforce, in a brand new restructuring effort following its July 2024 acquisition of Tegus.

Ola Electrical

Is reportedly letting go of as much as 500 workers in an effort to spice up its profitability. The cuts would influence greater than 10% of its whole workforce.

Hopper

Lower roughly 10% of its workforce, affecting 60-65 workers, as the net journey company conducts one other reorganization try.

LinkedIn

Eradicated 202 workers, accounting for roughly 1% of its whole workforce. The cuts impacted engineering and buyer assist roles, spokesperson Greg Snapper confirmed to The Info.

Headspace

Is slicing 13% of its workforce and shifting its workers of medical therapists to part-time or contract roles in an effort to “reset” the unicorn startup. It’s unknown precisely what number of workers had been impacted.

Truelayer

Reportedly laid off roughly 1 / 4 of its workers. Sources instructed Metropolis AM that the former unicorn startup minimize 71 roles earlier than saying a $50 million funding spherical.

AppLovin

Introduced 120 layoffs in a brand new WARN submitting. The submitting comes per week after the promoting software program firm hit a $97.7 billion valuation.

Stoa

Has shut down its operations after 4 years in enterprise, CEO Raj Kunkolienkar introduced on LinkedIn.

AMD

Is shedding 4% of its workforce to deal with “massive development alternatives.” AMD had roughly 26,000 workers as of final yr, so the cuts might influence roughly 1,000 employees.

23andMe

Is slicing 40% of its workforce, impacting greater than 200 workers, as a part of a restructuring effort on the firm. Since going public in 2021, 23andMe has misplaced greater than 99% of its worth amid declining curiosity in its merchandise and subscriptions, plus a knowledge breach in 2023 that resulted in 7 million customers’ ancestry information being stolen.

Chegg

Is shedding 319 workers, accounting for 21% of its whole workers, because it struggles to compete with ChatGPT and different AI merchandise. Like 23andMe, on the time of writing, Chegg has additionally misplaced 99% of its valuation since going public in 2013.

Enphase Vitality

Is shedding roughly 500 employees, affecting 17% of the photo voltaic and EV charging firm’s whole workforce. Enphase laid off 10% of its workforce lower than a yr in the past, as they and different photo voltaic firms proceed to face important headwinds.

Exosonic

Is shutting down after 5 years of operation. In 2020, the supersonic plane startup joined Y Combinator’s Winter cohort in 2020 and went on to lift over $4.5 million.

Freshworks

Is shedding 660 workers globally, accounting for 13% of the corporate’s whole workforce, because the software-as-a-service firm for buyer and IT service administration goals to complete a restructuring effort by the top of the yr.

Akamai

The cloud computing firm is eliminating 2.5% of its workforce, impacting roughly 250 workers. The corporate made the same sized minimize to its workforce in the beginning of 2023.

ShareFile

Introduced it can minimize practically 200 jobs in North Carolina, shortly after its acquisition by Progress Software program Corp.

Simply Eat

Is lowering its headcount by 300 workers, accounting for two% of the meals supply firm’s whole work pressure.

iRobot

Is shedding 105 workers — about 16% of the corporate’s workforce. The transfer comes after iRobot slashed roughly 350 jobs earlier this yr, following the scuttling of an acquisition by Amazon for $1.7 billion.

The Mozilla Basis

Has laid off 30% of its workers because the group says it faces a “relentless onslaught of change.” It’s the second layoff spherical at Mozilla this yr.

Maven Clinic

Reportedly minimize 10% of its workers, impacting roughly 60 workers. In October 2024, the corporate introduced a $125 million Sequence F Spherical.

Bowery Farming

Is shutting down its operations. The agtech firm was valued at $2.3 billion in 2021.

October 2024

Tidal

Is conducting one other spherical of layoffs, reportedly impacting as much as 100 workers. CEO Jack Dorseytold workers in an e-mail that the corporate must function “like a startup once more.” 

X

Reportedly carried out a spherical of layoffs. The variety of workers impacted is presently unknown.

Coursera

Lower 10% of its whole workforce because the schooling firm struggles with its clients not renewing their subscriptions.

Dropbox

Is letting go of 20% of its workforce as the corporate undergoes what CEO Drew Houston calls a “transitional interval.” The discount in headcount will influence 528 workers.

Consensys

Has laid off 20% of its whole workforce because it faces struggles within the Ethereum market.

F5

Is trimming its international workforce by practically 2% in a cost-cutting measure, impacting roughly 100 workers.

Kyte

Is pulling out of virtually all of its main markets within the U.S. and has minimize its workforce roughly in half because it shifts its deal with simply San Francisco and New York Metropolis.

Upwork

Is lowering its whole workforce by 21% as the corporate goals to generate $60 million in annual price financial savings.

Venminder

Will lay off 100 workers after being acquired by threat and vendor administration firm Ncontracts.

Jellysmack

Is shedding workers in a reorganization effort impacting 22 workers within the U.S. Cuts will reportedly additionally influence staffers in France within the coming months.

CapWay

Has been shut down, founder Sheena Allen wrote on LinkedIn. The Y Combinator-backed fintech sought to carry monetary companies to folks in banking deserts.Meta

Workers throughout a number of groups throughout Meta have been laid off as the corporate appears to be like to “guarantee sources are aligned with their long-term strategic targets,” within the phrases of its emailed assertion to TechCrunch. What Meta didn’t element was the scope or particular groups affected by the layoffs, although Threads, recruiting and authorized had been confirmed to not be unaffected.

Boeing

Will minimize 10% of its workforce, impacting roughly 17,000 workers. The cuts comply with a lack of $9.97 a share in Q3 amid a continued machinist union strike.

Stellantis

Is shedding 1,100 workers in Michigan, impacting the corporate’s subsidiary manufacturers Chrysler, Jeep, Ram, and Dodge.

TikTok

Is shedding tons of of workers, primarily in Malaysia, because the social community turns to AI for content material moderation. The corporate stated fewer than 500 folks had been affected.

Samsung

Is slicing jobs in Southeast Asia and Australia to “enhance operational effectivity.” A spokesperson instructed TechCrunch that it hasn’t “set a goal quantity for any specific positions,” although the cuts might influence roughly 10% of employees in these markets

Kasperksy

Is shutting down its UK workplace and shedding dozens of employees, TechCrunch has discovered. The cuts come simply three months after the corporate began closing down its U.S. operations. 

NFX

Laid off 4 workers because the agency appears to be like to “rebalance” its sources from its software program and product groups to its investing workforce, basic associate Pete Flint instructed TechCrunch.

Eaze

Is shedding 500 workers because it begins winding down its operations. In a message to workers, CEO Cory Azzalino cited the “ongoing challenges of the California hashish market” as a cause for the closure. 

PubMatic

Eradicated 1% of its whole workforce, impacting roughly greater than a dozen workers, because it reportedly pivots its enterprise to connected-TV promoting.

Tome

Has laid off practically a 3rd of its workers in a “resetting” try for the corporate. It’s the second layoff spherical for the AI startup in 2024.

Alma

Has laid off 9% of its whole workforce, impacting most departments, because it goals for “long-term sustainability.”

Flexport

Is lowering its headcount by about 2%. It’s the second layoff spherical for Flexport this yr, the place the corporate minimize 20% of its workers in January.

FreshBooks

Let go of 140 workers throughout all of its groups because it goals to succeed in profitability, CEO Mara Reiff introduced in a weblog put up.

September 2024

Shein

Has minimize 17 workers in Singapore as the corporate prepares for an IPO on the London Inventory Change.

Drata

The safety compliance platform has laid off 9% of its workforce, impacting 40 workers.

Moov

Reportedly laid off upwards of 50 workers, although Moov itself has not but confirmed the layoffs.

FreightWaves

Eradicated 16 jobs in gross sales, HR, and advertising, citing a major downturn within the freight market.

Northvolt

Is slicing 25% of its international workforce in an effort to chop prices. The layoffs influence upwards of 1,600 workers on the battery large.

Olo

Is lowering its workforce by 9%, impacting roughly 50 workers, because it goals to fund future development initiatives.

Wholesome.io

Lower 40 workers throughout its markets within the U.S., the UK, and Israel. The cuts come after the Israeli healthtech agency laid off 70 workers in 2023. 

Reverb

Reportedly eradicated 40 roles. The Chicago-based music gear market was acquired by Etsy in 2019.

Luminar

Is lowering its workers by 30% as a part of a brand new cost-cutting measure, CEO Austin Russell introduced in a weblog put up. The cuts are largely made up of “non-technical” roles.

Notable Labs

Is eliminating 65% of its workforce and consultants and pausing a medical trial of its most cancers therapy because it goals to attenuate bills.

CrawTrawler

Is slicing 10% of its workforce, impacting roughly 40 workers. The corporate, nevertheless, stated it can create 28 new roles as a part of its new technique.

ApplyBoard

Has eradicated 4% of its whole workforce because it restructures its operations in Ontario.

Qualcomm

Will lay off 226 employees in San Diego later this yr, in keeping with a California WARN discover. The choice comes lower than a yr after the chipmaker let go of greater than 1,250 employees. 

Udemy

Will scale back its headcount in a brand new restructuring effort, impacting roughly 280 workers. The corporate says that half of these affected by the cuts can be rehired, notably in the event that they work in decrease price markets.

Amperity

Will lay off 13% of its workforce. The corporate beforehand laid off 20 workers earlier this yr, along with two different workforce reductions in 2023.

Cisco

Is lowering its headcount by 7%, impacting round 5,600 workers. The cuts comply with one other layoff spherical from the corporate this yr, wherein 4,000 workers had been impacted.

Microsoft

Is shedding round 650 workers in its gaming division. The layoffs come eight months after the gaming division confronted 1,900 job cuts after Microsoft acquired Activision Blizzard.

Nori 

Has shut down its operations citing a “robust funding atmosphere,” co-founder Alexsandra Guerra introduced on LinkedIn.

Bending Spoons

Will lay off 75% of WeTransfer’s workers. Bending Spoons acquired the file switch service in July for an undisclosed quantity.

Goop

Is shedding 18% of its 216-person workers as the corporate shifts its focus to its magnificence and meals manufacturers and deprioritize different areas like wellness and journey. 

Fly.io

Has reportedly laid off round 40 workers in what seems to be a restructuring effort for the corporate.

Motif FoodWorks

Is reportedly shutting down its operations following a prolonged litigation battle with competitor Unattainable Meals.

August 2024

Character.AI

Reportedly minimize not less than 5% of its workers in its advertising and recruiting departments.

Apple

Is reportedly slicing round 100 jobs in its digital companies group, probably impacting employees within the firm’s Books and Information groups.

Courageous

Has laid off 27 workers throughout the completely different departments, TechCrunch has discovered. The cuts influence roughly 14% of the online browser and search startup’s whole workers.

Scale AI

Reportedly terminated greater than 1,000 distant contract employees. The corporate didn’t categorize the cuts as layoffs and says full-time workers haven’t been impacted.

Skip the Dishes

Is slicing 100 employees in Canada and 700 working for its dad or mum firm, Simply Eat Takeaway.com, CEO Paul Burns introduced on LinkedIn.

GoPro

Will scale back its whole workforce by about 15% earlier than the top of the yr as a part of a significant restructuring effort. The cuts will influence round 139 employees.

Retention.com

Laid off 40% of its workers, CEO Adam Robinson wrote on LinkedIn, impacting 15 workers.

Loop

Is conducting layoffs as the corporate goes by way of a “strategic shift” in priorities. The variety of workers affected is presently unknown.

Inuitive

Is slicing 20% of its workforce, affecting round 80 workers. Inuitive CEO Shlomo Gadot can be stepping down from the corporate.

Formlabs

Has laid off a “small quantity” of workers, the corporate solely confirmed to TechCrunch. The 3D printing agency says the cuts occurred over the previous two years and influence 40 workers out of its lower than 750-person workers.

Sonos

CEO Patrick Spence confirmed with TechCrunch the corporate minimize 100 workers in a brand new layoff spherical, impacting 6% of Sonos’ workforce. Sonos beforehand diminished its headcount by 7% in 2023.

Cisco

Will reportedly eradicate 1000’s of jobs in one other spherical of layoffs this yr. The corporate beforehand laid off greater than 4,000 workers in February 2024.

Tally

Has shut down its operations “after exploring all choices” earlier than operating out of money. The fintech beforehand helped customers handle and repay their bank card debt; it had 183 workers and was final valued at $855 million. 

Department.io

Has laid off greater than 100 workers. Nova Launcher, which was acquired by Department in 2022, stated the cuts whittled down its workforce to at least one full-time developer.

READY Robotics

Has reportedly stopped its operations. The corporate is now auctioning off gear by way of the Silicon Valley Disposition.

Eventbrite

Is slicing round 100 workers, accounting for 11% of its whole workforce. The net ticketing firm beforehand let go of 8% of its workers in February 2023.

LegalZoom

Introduced it can scale back its international workforce by 15% and pause future hiring efforts in an effort to save lots of $25 million.

Techstars

Is shedding 17% of its workers and ending its $80 million J.P. Morgan-backed packages on the finish of this yr following a rocky interval for the corporate that has included monetary losses and management shakeups.

Mobius

Will fully shut down operations after going through monetary struggles. The Kenya-based SUV producer reportedly cited tax hikes as a driving pressure of the choice.

Infineon

Will minimize 1,400 jobs globally, together with tons of of roles at its German plant. The corporate stated it can additionally relocate a further 1,400 workers to international locations with decrease labor prices.

Jam Metropolis

Has eradicated round 85 workers, affecting 10% of the online game developer and writer’s whole workforce.

Dell

Will conduct layoffs as the corporate plans to get “leaner,” in keeping with an inside memo, and create a brand new gross sales unit centered on AI services. The variety of workers impacted is presently unknown.

Intel

Intel kicked off the month with substantial layoffs, with 15,000 workers accounting for 15% of its whole workers affected by the corporate’s cutbacks. “Our revenues haven’t grown as anticipated — and we’ve but to totally profit from highly effective tendencies, like AI,” CEO Pat Gelsinger stated in a memo saying the layoffs.

July 2024

Rad Energy Bikes

The e-bike startup that has raised greater than $300 million from traders has additionally carried out 5 rounds of layoffs since April 2021, with TechCrunch solely studying that Purple Energy’s most up-to-date layoffs had been carried out in July with an unknown variety of Rad Energy’s roughly 394 workers impacted.

Match Group

Has discontinued livestreaming companies throughout its courting apps, particularly Loads of Fish and BLK, because it shifts its focus to generative AI. The transfer will end in a 6% discount in its whole workforce.

Bungie

Will minimize 220 workers, representing round 17% of the sport studio’s whole workforce. CEO Pete Parsons stated the adjustments influence all ranges of the corporate, together with senior and government management.

Pocket FM

Has reportedly eradicated roles for practically 200 U.S. writers a month after the corporate partnered with ElevenLabs to shortly convert scripts into audio content material utilizing AI.

WayCool Meals

Has reportedly laid off greater than 200 workers throughout a number of departments. It will be the agritech firm’s third substantial layoff spherical previously yr.

Webflow

Introduced it can eradicate roughly 8% of its workforce as the corporate works towards its “subsequent section of development.”

Cohere

Is reportedly shedding about 20 workers, accounting for practically 5% of its whole workforce. The cuts got here the day after the corporate introduced it raised $500 million at a $5 billion valuation.

Magic Leap

Reportedly eradicated round 75 of its employees. As a part of the cuts, the augmented actuality startup reportedly axed its gross sales and advertising departments solely.

Mercari

Is reportedly shedding practically half of its workers within the U.S. because the Japan-based firm struggles to compete with different e-commerce rivals like Temu.

Aqua

Is eliminating 50 workers, accounting for 10% of its whole workforce. Earlier this yr, the cybersecurity firm raised $60 million at a $1 billion valuation, making it a unicorn.

EverC

Is reportedly shedding 10% of its 165-person workforce. The corporate develops cyber intelligence software program that helps stop on-line fraud.

Lex

Has laid off the vast majority of its roughly eight-person workers because the LGBTQ+ social networking web site struggles to monetize its product. Final yr, the corporate’s third, Lex raised $5.6 million in seed funding and elevated co-founder Jennifer Lewis from COO to CEO.

Monarch Tractor

Lower “lower than” 15% of its 250- to 300-person workforce as a part of a mandatory reshuffling following a $133 million Sequence C funding spherical, TechCrunch has discovered.

Kaspersky

Will lay off dozens of workers and go away the U.S. market fully following a U.S. authorities order that banned the sale of the corporate’s software program as a consequence of safety dangers.

Salesforce

Eradicated about 300 workers in its workforce because it rolls out a broader effort to chop prices and streamline its operations.

Intuit

Will minimize 1,800 workers, impacting 10% of its workforce. The corporate says greater than half had been minimize as a consequence of low efficiency and goals to rent roughly the identical variety of workers as an alternative of slicing prices.

UiPath

Plans to chop 420 jobs, 10% of its whole workforce, as the corporate undergoes a big restructuring effort.

UKG

Lower an estimated 2,200 workers, amounting to just about 14% of its workforce, because the software program firm makes an attempt to redirect its sources into “key areas of product innovation.”

OpenText​​

Plans to chop roughly 1,200 jobs, amounting to nearly 2% of its whole workforce, as the data administration firm plans to considerably scale back its bills by 2025.

Unacademy

Is shedding about 250 workers within the newest in a sequence of job cuts after faculties reopened throughout India following pandemic lockdowns.

Koo

Is ceasing its operations after its last-resort acquisition talks with Dailyhunt collapsed.

Upside Meals

Has minimize its workforce by 26 folks, CEO Uma Valeti wrote in an e-mail to workers, because the lab-grown meat trade sees a decline in VC funding.

Sightful

Is eliminating 20 workers, amounting to a 3rd of its whole workforce, as the corporate shifts its focus to software program growth.

June 2024

RealPage

Will minimize roughly 4% of its workforce as a part of a plan to spice up development, although the corporate can be certainly one of many inside its area going through a consolidated lawsuit alleging they engaged in value fixing.

Planet

Intends to put off roughly 180 workers, amounting to 17% of its workforce, in keeping with an SEC submitting that quantities to its second latest spherical of layoffs.

Moxion Energy

Is shedding greater than 100 workers, in keeping with a WARN submitting. The information of the cuts comes after the corporate launched a big workplace growth in Richmond, California.

eBay

Is reportedly conducting layoffs in Israel because it goes by way of a world restructuring.

BeReal

Is reportedly slicing numerous its workers after being acquired by French gaming firm Voodoo.

Flutterwave

Has laid off about 30 folks, accounting for 3% of its workforce, because it refocuses its enterprise to enterprise.

Ginkgo Bioworks

Terminated 158 workers, with one other batch of layoffs anticipated to return as the corporate goals to scale back its workforce by 25%.

Moovit

Is making cuts to 10% of its workforce, impacting round 20 to 25 workers.

Wex

Is shedding 375 workers, accounting for five% of its whole workforce.

PayPal

Will eradicate as much as 85 workers based mostly in Eire, the corporate introduced.

Rapyd

Is reportedly shedding round 30 workers in Israel and can transfer positions to different areas to chop prices.

C2FO

Lower 16 workers in its provider useful resource administration division because it focuses on automation.

Chegg

Is lowering its international 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 workers affected is presently 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 put up.

Loop

Is making extra cuts, co-CEO Carey Anne Nadeau introduced on LinkedIn. The variety of workers impacted is presently unknown.

Care/of

Will lay off its 143 workers by July 3 as a consequence of a “funding loss,” and can now not be accepting new orders. The corporate has not shut down absolutely although, telling TechCrunch: “We’re actively exploring choices for the model however would not have something definitive to speak right now.”

Working Tide

Shut down its operations and laid off its remaining workers after elevating greater than $50 million since its 2017 begin.

Satellogic

Is shedding 70 workers, about 30% of its workforce, three weeks after an earlier spherical of cuts impacted 34 workers.

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 a press release.

Paytm

Is reportedly conducting massive cuts throughout the corporate. The entire variety of workers impacted is presently unknown.

Kissflow

Has minimize round 45 jobs as a part of a restructuring effort.

Copia International

Has laid off not less than 1,060 workers two weeks after the startup filed for administration.

Revel

Is shedding its 1,000+ workers drivers because it embraces a gig employee mannequin much like that of Lyft and Uber.

Simpl

Has minimize 30 workers a month after the Bengaluru-based startup laid off 160 folks.

Oda

Has confirmed layoffs of 150 jobs because it drastically scales again its growth ambitions to deal with its markets in Norway and Sweden.

Pagaya

Is shedding 100 employees, or 20% of its workers, in one other spherical of cuts.

MoonPay

Is reportedly shedding 10% of its workforce, amounting to round 30 folks.

Microsoft

Is reportedly slicing tons of of workers working in its Azure cloud enterprise, although the precise variety of workers impacted is presently unknown.

OrCam

Is shedding 100 workers months after lowering its headcount by 50 employees.

Google

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

Could 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 employees 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 tons of of workers in a bid to maintain the EV startup alive. One present and one laid off worker instructed 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 take a look at 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 yr.

TikTok

Will reportedly make massive cuts to its international operations and advertising groups. The quantity of workers impacted is presently unknown.

Pixar

Will reportedly minimize 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

Lower about 30% of its whole workforce. The recruiting startup that makes use of AI to search 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 top 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 presently 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

Lower round 40% of its workforce, impacting about 550 workers, sources instructed 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 now not promoting its good dwelling controllers and lightweight switches because it appears to be like for a purchaser.

Enovix

Laid off roughly 170 employees, 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 presently unclear what number of workers will probably 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 be slicing ties with “the bulk” of its contract employees.

Sprinklr

Has laid off about 3% of its workforce, impacting 116 folks, 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 folks, as a part of a cost-cutting effort. The corporate’s CEO Barry McCarthy can 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 e-mail to executives.

Google

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

Fisker

Is shedding extra workers to “protect money,” in keeping with an inside e-mail seen by TechCrunch. The variety of cuts is presently unknown.

Getir

Is shutting down operations within the U.S., the U.Okay. and Europe, impacting not less than 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 acquainted with the matter instructed TechCrunch.

True Anomaly

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

Expedia

Is anticipated to minimize 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.

Google

Is shedding employees as a part of continued price 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 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 growth.

Tome

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

Tesla

Is slicing “greater than 10%” of its international workforce, per an inside e-mail despatched by CEO Elon Musk. That would influence 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 international 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

Lower 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 presently unknown, however sources instructed Inc42 that it might be “within the vary of 70-100” employees.

Apple

Is shedding 614 workers in California after abandoning its electrical automobile 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 folks.

Whirlpool

Is shutting down Yummly, the recipe and cooking app it acquired in 2017.

AWS

Will minimize tons of of jobs throughout Gross sales, Advertising, International Providers and its Bodily Shops Know-how workforce.

Byju’s

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

March 2024

Reliance

Reliance, largest conglomerate in India, took its time in saying it had laid off greater than 42,000 folks in its fiscal yr, which resulted in March. That important quantity accounted for 11% of its workforce, and one other 143,000 workers took “voluntary separations” in the identical time.

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 instructed Kotaku the adjustments will finish some assignments however will result in the creation of recent full-time positions.

Dell

Lower its international workforce by about 6,000 jobs, in keeping with a 10-Okay SEC submitting. The submitting reveals the corporate minimize 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 slicing 195 roles in an effort to grow to be extra sustainable, CEO Henry Chan wrote in a weblog put up. The layoffs influence practically 1 / 4 of its workers.

Airmeet

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

Chipper Money

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

Textio

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

Stash

Is reportedly shedding round 25% of its workforce. In line 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 minimize workers final yr, employed a bit of 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

Lower slightly below 40% of its workers, equating to dozens of workers, the corporate confirmed to TechCrunch.

Turnitin

Laid off round 15 folks earlier this yr, following feedback from CEO Chris Caren that the corporate would have the ability to scale back 20% of its headcount due to 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 instructed 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 latest 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 possible doesn’t have sufficient money available to outlive the subsequent 12 months.

EA

Lower 5% of its workforce, impacting 670 workers, because it strikes away from the “growth 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 automobile challenge 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 can even be impacted.

Expedia

Will reportedly minimize 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 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 can eradicate 5% of its workers, 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 workers 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 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 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 presently 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 “scale 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 yr to the day after Okta introduced plans to chop about 300 workers.

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 international 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 state of affairs instructed 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 probably be affected, one supply instructed 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 yr.

iRobot

Is shedding 350 folks, 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 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 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 can 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 employees, in keeping with sources acquainted with 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 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 employees. In a weblog put up, Co-CEO Pedro Franceschi stated that the corporate is prioritizing “long-term pondering and possession over short-term positive aspects 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 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 workers, as the corporate focuses on “fewer, high-impact tasks.” The League of Legends maker can be sunsetting its five-year-old publishing group, Riot Forge.

Wayfair

Is eliminating 13% of its international 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 “tons of” of workers in its promoting gross sales workforce, 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 instructed 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 whole impacted workers probably 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 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 inside memo obtained by the Verge, Discord CEO Jason Citron blamed the cuts on the corporate rising too shortly.

Google

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 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 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 minimize 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 minimize 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, appears to be like to pursue a “fully completely different path.” CEO and co-founder Christian Reber additionally stepped down.

BenchSci

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

Flexe

Eradicated 38% of its workers 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 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 centered 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 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 complete 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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