The tech industry’s downsizing trend shows no signs of slowing down in 2024. Following a wave of vital workforce reductions in 2022, the trend has continued this year, with over 60,000 job cuts reported across 254 companies, according to an independent layoffs tracker. Major corporations such as Meta, Google, Amazon, Microsoft, and Salesforce have undergone substantial layoffs in the initial months of 2024. Small startups have also taken significant hits, with some experiencing drastic reductions.
As we track these layoffs, we gain insight into the impact they have on innovation within organizations of all sizes. As we move forward, we’re also able to envision the profound impact companies will have when they adopt AI and automation for tasks previously considered sacrosanct. While also serving as a poignant reminder of the profound impact of layoffs on individuals, this statement thoughtfully highlights the potential risks associated with prioritizing innovative pursuits over human capital.
Below lies a comprehensive list of all recognized layoffs in tech that have taken place in 2024, updated regularly for your convenience. If you receive a tip about an impending layoff, please reach out to us. If you prefer to remain anonymous, please feel free to reach out to us.
July 2024
Kaspersky
The company will discontinue its American operations, resulting in layoffs for a portion of the workforce. market utterly following a U.S. Authorities have ordered the closure due to safety concerns.
Salesforce
Eliminated from its workforce as part of a broader initiative to reduce costs and optimize business processes.
Intuit
Impacting approximately 10% of its workforce. The company reported that over 50% of its decline was attributed to low productivity, with a goal to maintain staffing levels roughly consistent rather than cutting costs.
UiPath
As part of a major restructuring initiative, the company plans to reduce its workforce by approximately 10%.
UKG
The company is slashing approximately 14% of its workforce in a bid to reallocate resources towards “key areas of product innovation” and revitalize its software development efforts.
OpenText
The technology company intends to significantly reduce its expenses by 2025, involving approximately 2% of its entire workforce in the restructuring effort.
Unacademy
Following a series of job cuts that have occurred as Indian colleges have reopened after pandemic-related lockdowns.
Koo
After its last-resort acquisition talks with Dailyhunt reportedly fell through.
Upside Meals
CEO Uma Valeti sent an email to employees, citing a decline in venture capital funding as the reason for the lab-grown meat industry’s downturn.
Sightful
Approximately one-third of its total employees were let go, a consequence of the company’s strategic pivot towards software development.
June 2024
RealPage
While considering a comprehensive strategy to revitalize growth, the company’s decision to rebrand itself as an innovative player within its industry will undoubtedly yield positive results.
Planet
The company’s decision to lay off 17% of its workforce came as a result of the SEC’s submission, which detailed significant discrepancies.
Moxion Energy
Following an adverse event submission (AES)? Following the corporate’s significant expansion into Richmond, California, details about the cuts were subsequently shared.
eBay
Because of the global reorganization.
BeReal
The company, which has been struggling with declining sales, is reportedly chopping 10% of its workforce after being unable to recover from the financial hit.
Flutterwave
While reducing its workforce by approximately 3%, the company redirects its focus towards B2B operations.
Ginkgo Bioworks
With another wave of layoffs expected to hit in order to achieve a 25% reduction in the company’s workforce.
Moovit
The company is planning significant layoffs, affecting approximately 20-25 employees in the upcoming round.
Wex
Shedding accounts for approximately five percent of its overall workforce.
PayPal
Primarily based in Ireland, the corporation was established.
Rapyd
Reportedly operating in Israel, this company enables employees to transfer positions between various areas to negotiate lower prices.
C2FO
The company’s lower-tier provider focuses on automation within its valuable resource management division?
Chegg
As part of a comprehensive restructuring initiative, Udemy is undertaking significant changes to streamline its operations and achieve greater efficiency.
StackPath
As a professional editor, I would improve the text in the following way:
The company is in the process of liquidating its assets. The extent of employees impacted remains unclear.
Unit
As the corporation makes an effort to “think ahead in longer timeframes,” the company issued a blog post announcing its latest move.
Loop
Are additional budgetary adjustments being made by co-CEOs Carey Anne Nadeau? The extent to which staffing is affected remains unclear.
Care/of
Due to unforeseen funding constraints, we regret to announce that we will be ceasing operations by July 3, effective immediately. Unfortunately, this development means we are no longer in a position to accept new orders or provide services beyond our existing commitments. Although the company hasn’t ceased operations entirely, it is exploring options for its business model, with no concrete details available yet.
Working Tide
Shutdown its operations and having raised more than $50 million since its inception in 2017.
Satellogic
Shedding is set to reduce its workforce by approximately 30%, just three weeks following a previous round of cuts that affected 34 employees.
ByteDance
The company is cutting back on its Indonesian e-commerce segment, which accounts for approximately 9% of that division’s overall performance.
VRChat
The company has officially eliminated its quarterly dividend, CEO Graham Gaylor announced today.
Paytm
Reports are being circulated throughout the corporation. The extent to which different employees are affected remains unclear.
Kissflow
As part of a comprehensive restructuring effort, Haslower has undergone significant changes to optimize its operations and position itself for future success.
Copia International
The startup had undergone layoffs, with a minimum duration of at least two weeks having passed since the event.
Revel
Shedding its gig economy persona, much like ride-hailing giants Lyft and Uber, does so with an uncanny resemblance.
Simpl
Following its decision to lay off 160 staff members just a month ago in Bengaluru.
Oda
The company has scaled back its expansion plans as it refocuses efforts on the Norwegian and Swedish markets.
Pagaya
Are expected to cut another 10% of its workforce, in addition to the 20% of its employees already affected by previous layoffs?
MoonPay
Are reportedly downsizing at a rate of approximately 30 personnel.
Microsoft
Microsoft is reportedly transitioning employees to work in its Azure cloud enterprise, with the exact number of affected staff currently unclear.
OrCam
Shedding jobs is a major issue for the company, just four months after downsizing its workforce by nearly half.
Reportedly, the company has multiple Cloud-focused groups across various segments, including those dedicated to sustainability, consulting, and partner engineering.
Tropic
As part of a restructuring initiative, CEO David Campbell announced the elimination of approximately 40 positions.
Might 2024
Gro Intelligence
After shedding nearly 60 percent of its workforce in March as part of its efforts to stay afloat financially?
Jasper Well being
TechCrunch has learned that it has laid off approximately a quarter of its staff. The engineering and product design teams bore the brunt of the reductions at the cancer care platform startup following the cuts.
Cirium
As part of a broader consolidation strategy, Silicon Valley-based startup is reportedly divesting itself of Shedding, the UK-based flight monitoring business it acquired back in 2016, with a view to streamlining its operational footprint in both India and the UK.
Walnut
In the midst of widespread layoffs, approximately 20 percent of Israel’s startup ecosystem is being directly affected, with a significant portion of the overall workforce impacted.
Fisker
The company has made significant layoffs in an effort to maintain its financial stability. Two sources, a current employee and a former one, told TechCrunch confidentially that approximately 150 individuals remain employed by the company.
Cue Well being
Are now shedding the remainder of their workers. The COVID-19 consulting firm was forced to lay off nearly half of its staff earlier this month in an effort to reduce costs and mitigate the financial impact of the pandemic.
Foursquare
As part of its efforts to optimize operations, the corporation has announced a move to streamline its processes, following a directive issued by Chief Executive Officer Gary Little in a recent email to employees.
Lucid Motors
As part of a strategic restructuring effort ahead of the upcoming debut of its inaugural electric SUV later this year, the company plans to reduce its workforce by approximately 6%.
TikTok
Will expand its global footprint by investing in international operations and advertising initiatives. The extent of staff affected remains unclear.
Pixar
Reports suggest that the company will significantly reduce its workforce by approximately 175 staff members, a direct result of shifting its focus back towards producing feature films rather than original content for Disney+.
Replit
As the coding startup pivots its attention towards generating substantial revenue from enterprise clients, it’s time to let go of lingering projects and commitments that no longer align with its new goals.
SeekOut
Lower . The recruiting startup, which leverages artificial intelligence (AI) to identify top talent, achieved a valuation of more than $…
Gopuff
As part of its efforts to achieve cash flow positivity by year-end 2024, the fast-delivery startup has eliminated jobs in another round of layoffs aimed at streamlining operations and reducing costs.
Environment
Plans to put off any further action are in response to a warning discovery filed in Texas?
Mainvest
Has . The extent of staff impacted remains unclear.
Certainly
Chopping approximately 1,000 jobs, which accounts for about 8% of the corporation’s overall headcount.
Motional
The company will reduce its workforce by around 40%, affecting approximately 550 employees. The company’s Chief Operating Officer, Abe Ghabra, has also departed.
WIll eliminate, in response to a WARN notice filed in California.
Vacasa
As part of a restructuring effort, the company is letting go of approximately 13% of its workforce.
Good
Instructed to stop promoting good home controllers and lightweight switches as it seems to be looking out for the buyer’s best interests.
Enovix
Following significant restructuring, the company has reduced its workforce by nearly one-third, a measure aimed at curtailing rising operational costs and streamlining its budget.
Microsoft
As a result of Microsoft’s acquisition of ZeniMax Media, the parent company of Bethesda Softworks. The exact number of employees affected remains uncertain at this time.
Cue Well being
The company has announced plans to reduce its workforce by approximately 49%, or 230 staff members, as part of a cost-cutting initiative mandated by management.
Luminar
Is . The cuts are expected to significantly impact around 140 staff members, with the company likely to sever ties with a substantial portion of its contract workers.
Sprinklr
Confirming the incident to TechCrunch, a spokesperson for the corporation announced that its systems had been breached, compromising the personal data of approximately 116 individuals. The layoffs occur approximately 12 months following the company’s merger.
Peloton
The company’s restructuring efforts will impact approximately 400 employees. Barry McCarthy, the CEO of the corporation, may be relinquishing his position.
April 2024
Tesla
CEO Elon Musk unveiled the ambitious plan to revolutionize the industry in a surprise email to top executives on a sudden notice.
. The exact number of employees terminated remains uncertain.
Fisker
Are companies really cutting jobs to “protect their money”? The extent to which different cut types exist remains unexplored.
Getir
Shutting down operations in key markets such as the United States and the United Kingdom is a drastic measure that should be carefully considered alongside other potential options to mitigate the impact of market downturns or restructuring requirements. and Europe, .
Ola
In a bid to boost profitability, the company has made the difficult decision to part ways with its Chief Government Officer, Hemant Bakshi, according to a source familiar with the situation who spoke to TechCrunch.
True Anomaly
The innovative security solutions company downsized approximately 30 employees, a quarter of its total staff, due to “overlapping job responsibilities and skill sets within the organization.”
Expedia
Is expected to occur for the second time this year.
Nike
At its Oregon headquarters during the summer season, the company responded to a WARN Act discovery by
Stability AI
Following the departure of former CEO Emad Mostaque.
. The scope of employees impacted remained unclear until then.
Rivian
. This is a major milestone for the electric vehicle manufacturer.
Take-Two
, affecting round 579 staff. The GTA 6 writer has also implemented the removal of a number of tasks as part of the overall upgrade.
Tome
in a restructuring effort.
Tesla
Per an internal email dispatched by CEO Elon Musk. The prospect of an impressive workforce, exceeding 14,000 employees globally, underscores Tesla’s preparations for its next phase of growth amidst the challenges posed by the electric vehicle (EV) market.
Criteo
By reducing its international workforce by approximately 4%.
TikTok
Is the company primarily based in Ireland due to restructuring its training and quality team?
Hinge Well being
As part of a broader effort to prepare for an initial public offering (IPO) and drive towards profitability, the company plans to reduce its workforce by approximately 10%.
Checkr
Has undergone significant restructuring, resulting in the layoff of 382 employees, a staggering 32% of its total workforce. The background-screening platform was ultimately valued at a staggering $5 billion in April 2022.
Bolt.Earth
According to reports, the company has undertaken a significant restructuring initiative, resulting in the dismissal of a substantial portion of its workforce. The number of staff members potentially affected remains unclear, but estimates suggest it could range from approximately 70 to 100 personnel.
Apple
Shedding in California occurs after rainfall, in response to.
Agility Robotics
Has undergone layoffs as part of a company-wide focus on accelerating commercialization efforts.
Ghost Autonomy
Shut down operations. The corporation, backed by OpenAI, employed a team.
Whirlpool
Since Yummly, a recipe and cooking app it acquired in 2017.
AWS
Will leverage gross sales, advertising, international companies, and bodily shops to empower the technology team.
Byju’s
The company is undergoing a restructuring process that involves letting go of approximately 3% of its total workforce through a reduction in force known as shedding.
March 2024
ChowNow
Following the acquisition of point-of-sale platform Cuboh? The corporation announced its plans beforehand in 2022.
Nintendo of America
The company is undergoing a significant overhaul of its testing department, comprising primarily of freelancers. The modifications will complete some assignments, thereby leading to the establishment of new full-time roles.
Dell
Following a global restructuring, the company is expected to reduce its international workforce by approximately 20%, in response to a significant decline in demand for certain products. The submission reveals the corporation’s downfall.
Synctera
The company has undergone layoffs, slashing its workforce. According to a report by Fintech Enterprise Weekly, approximately 17 employees, which accounts for around 15% of the company’s workforce, were affected.
ShopBack
Are CEOs making drastic cuts – including eliminating 195 positions – a bold move towards greater sustainability, as CEO Henry Chan suggests? The company’s recent layoffs had a significant impact, resulting in the departure of nearly one-quarter of its workforce.
Airmeet
According to reports, the company has undertaken its second major restructuring effort within the past year.
Chipper Money
Following another round of restructuring, the company has announced layoffs affecting approximately 20 employees.
Textio
The company has strategically realigned resources to boost its Textio Carry product.
Stash
Is reportedly shedding . According to Axios, the layoffs will impact around 80 individuals.
Phantom Auto
Is . The startup, which had reduced its workforce by the end of last year, now employs just over 100 people.
IBM
Are professionals who specialize in creating and disseminating advertisements and other forms of communication? The corporation previously introduced a method for seamlessly switching between human and artificial intelligence interactions.
Inscribe.ai
The company has been forced to lay off nearly 40% of its workforce, resulting in the departure of dozens of dedicated employees.
Turnitin
Following feedback from CEO Chris Caren, the corporation is poised to reduce its workforce by approximately 20% due to the advent of artificial intelligence.
Sorare
The company has slashed its workforce by 13%, primarily affecting employees based at its New York office, as it shifts its focus to its Paris headquarters for its web3 fantasy sports platform.
Melio
Is undergoing significant layoffs, reducing its workforce by approximately 7%, as part of a comprehensive organizational restructuring effort. The company completed its last round of layoffs in August 2022.
ONE
The company’s decision to implement cost-cutting measures by reducing its workforce is likely to impact 40 employees directly, resulting in a significant disruption to their lives and careers. The battery starts up well this month?
Venture Ronin
The closure of our operations is expected to affect approximately 150 employees.
February 2024
Fisker
Fears being unable to meet financial obligations in the next year due to insufficient funds.
EA
Lowering productivity, impacting 670 staff, as it diverts attention away from their core responsibilities.
Bumble
Letting go of around 350 employees, which accounts for approximately 30 percent of its overall workforce.
Apple
After months of uncertainty surrounding its autonomous electric vehicle project, a team is finally being redeployed to focus on new initiatives, according to TechCrunch’s findings.
Sony
Sony is shedding jobs from its PlayStation unit, impacting approximately 8% of the division’s workforce. The developers behind some of today’s most beloved gaming experiences are Insomniac Games, Naughty Dog, Guerrilla Games, and Firesprite.
Expedia
Will , primarily in its Product & Know-how division, accounting for greater than 8% of the corporate’s workforce.
Finder
Laid off approximately 17% of its employees. Throughout its tumultuous year, the financial startup has undergone its third major round of layoffs.
Rivian
Are major automakers actively shedding subsidies in a bid to cut prices in the increasingly competitive market for electric vehicles?
Meati Meals
The company will undertake a restructuring effort, resulting in the elimination of approximately 13% of its workforce, as part of an initiative to build a financially stable business.
Cisco
The company plans to eliminate 5% of its workforce, a move that will affect approximately.
Toast
We plan to reduce staff through a restructuring program focused on enhancing operational efficiency.
Instacart
As part of its restructuring efforts, the company introduced this development to the SEC through a submission.
Mozilla
TechCrunch has uncovered that Scaling is reassessing its investment in various merchandise, resulting in
Grammarly
Shedding select assets is an integral component of the company’s strategic endeavors to refine its focus.
Getaround
Are layoffs a component of a comprehensive organizational reorganization?
Amazon
One Medical, a healthcare company, and Amazon Pharmacy are reportedly part of its portfolio. The extent to which various roles are affected remains unclear.
DocuSign
Proposed a comprehensive overhaul aimed squarely at the company’s lucrative revenue streams, specifically targeting its flagship sales and marketing sectors.
Snap
The company plans to restructure its organizational chart, affecting around 500+ employees, with the goal of flattening its management structure.
Polygon Labs
The company, having recently undergone significant restructuring, now boasts a workforce comprising approximately 19% remote employees.
Okta
Is . Less than a year after announcing plans to lay off around 300 employees, Okta has implemented another round of job cuts.
January 2024
Thinx
The company will be laying off employees in New York City as a result of a filing with the New York Department of Labor.
Proofpoint
Shedding approximately 280 employees, the company confirmed to TechCrunch.
Wattpad
Earlier this month, approximately 15% of its workforce was let go, according to a supply chain aware of the situation, which shared the information with TechCrunch.
Block
Is reportedly embedded within Cash App’s foundation and Square’s ecosystem? arms of Block.
PayPal
Has . Although the scope of those impacted remains unclear, a source indicated that the expected number is in the “thousands.”
Aurora Photo voltaic
With a community of around 1,000 individuals, TechCrunch exclusively revealed. Despite significant advancements in the solar industry over the past year, cuts are still being made to the software program’s startup costs.
iRobot
Are at least 400, roughly one-third of iRobot’s workforce, likely to lose their jobs as a direct result of Amazon’s failed acquisition attempt for the company that makes Roomba robots. Former CEO Colin Angle has also relinquished his position.
Salesforce
Is comprised of women, which is roughly around 1% of its workforce. The company’s financial performance continued to improve significantly following a major restructuring effort in 2023?
Flexport
Is expected to launch within the next several weeks. When Ryan Petersen resumed his role as CEO in October, the corporation implemented corresponding cost reductions.
Microsoft
Following its acquisition of Activision Blizzard, Microsoft is streamlining its gaming divisions to optimize synergies and drive growth. Blizzard President Mike Ybarra revealed that he will be stepping down from his position.
Swiggy
As part of its strategic growth plan, the meal supply startup has decided to lay off approximately 7% of its workforce in order to reallocate resources and bolster its financials ahead of an anticipated initial public offering (IPO) later this year.
Aurora
Sources aware of the choice are responding. The autonomous automobile expertise firm has substantiated reports by confirming the redundancy of approximately 3% of its workforce.
eBay
The proposed restructuring will impact approximately 1,000 full-time employees. The company also intends to reduce its reliance on contractors in the near future.
SAP
As part of its restructuring efforts, the company plans to provide support to approximately 8,000 employees.
Brex
, affecting 282 employees. In a recent statement, Co-CEO Pedro Franceschi emphasized that the company is focusing on “strategic planning and ownership for the long haul rather than seeking short-term gains in our compensation structure.”
TikTok
Eradicated throughout the U.S. amidst widespread layoffs in global markets. The roles impacted, following NPR’s initial reporting, primarily involve gross sales and marketing endeavors.
Vroom
Because it ceases to operate its online marketplace for used cars, instead redirecting resources towards two primary business lines: a finance-focused segment and an AI-driven analytics division.
Riot Video games
Riot Games, a leading developer of League of Legends, is reportedly restructuring its workforce, impacting approximately 530 employees as part of its strategy to focus on “fewer, higher-impact tasks.”
Wayfair
The reorganization will impact approximately 1,650 employees as part of an effort to streamline administrative structures and reduce bureaucracy.
YouTube
A representative confirmed to TechCrunch that the company is undergoing a restructuring effort, affecting its creator administration and operations teams.
Shedding is reportedly bolstering its promotional team amid a surge in demand for its products, as revealed by a recently leaked internal memo. The company imposes layoffs each week across its hardware divisions. Further layoffs are anticipated throughout the entire year.
Misplaced Boys Interactive
Laid off reportedly on January 12. The video game development studio was acquired by Borderlands creator Gearbox Software in 2022.
Pixar
The animation studio plans to lay off up to 260 employees (20% of its 1,300-person workforce) by the end of 2024. Disney’s decision to curb the studio’s production is seemingly driven by its inability to achieve profitability in the realm of streaming.
Audible
Shedding light on a “more and more challenging landscape,” in response to findings obtained by Enterprise Insider.
Discord
Shedding’s unexpected impact affects approximately 170 individuals. Discord’s CEO Jason Citron attributes the recent layoffs to the company’s rapid growth and expansion.
Across its Google Assistant division and the teams responsible for managing Pixel, Nest, and Fitbit hardware, layoffs have been announced. TechCrunch has been informed by the company that Fitbit co-founders James Park and Eric Friedman will also be departing.
Amazon
Shedding tears at Prime Video and MGM Studios? No, actually, the situation is quite different: According to a memo obtained by TechCrunch, shedding is underway at Prime Video and MGM Studios, indicating layoffs are imminent. The cuts were implemented just days after…
Twitch
With a significant restructuring effort underway, the company plans to dismiss approximately 35% of its existing workforce as it navigates the ongoing challenge of achieving profitability in the midst of escalating costs and mounting public opposition. The latest wave of impending layoffs follows a series of massive downsizings that took place in 2023, resulting in significant reductions to the company’s workforce.
Treasure Monetary
The company confirmed to TechCrunch that it conducted layoffs in December, affecting between 14 and 17 employees, which represented approximately 60% to 70% of its corporate workforce, according to multiple sources.
Duolingo
By the end of 2023, a major milestone was reached as it shifted its approach to rely on AI-powered tools for streamlining content creation and translation tasks previously handled by humans.
Lease the Runway
As a result, Will is set to decline following Anushka Salinas’ voluntary resignation as CEO and President at the end of January, prompting a restructuring plan.
Unity
Is , or 1,800 folks. The online game engine manufacturer went public in 2023.
Pitch
The German startup behind a popular collaborative presentation platform has suddenly laid off a significant portion of its staff as it seemingly takes an “entirely new direction”. This move also saw the CEO and co-founder step down, sparking uncertainty about the company’s future trajectory.
BenchSci
The AI and biomedical startup reportedly lowered its headcount on January 8, citing unforeseen circumstances in a LinkedIn post announcing the layoffs.
Flexe
Eradicated January 8th, marking a swift turnaround for the company following its layoffs in September 2023, as it prioritizes reorganization and future growth.
NuScale
The Westinghouse-owned company announced a restructuring effort on January 8, resulting in the elimination of approximately 154 positions as it refocuses resources on “core strategic initiatives.”
Trigo
Retailers are shifting their focus to laptop vision with reports suggesting they’re shedding their reliance on traditional marketing strategies.
InVision
Will be concluding its 12-year run at the end of 2024? The innovative design collaboration startup emerged shortly
VideoAmp
Shedding viewers is reportedly because of its ongoing struggle to stay ahead in the media measurement wars with Nielsen? CEO Ross McCray of the corporation.
Orca Safety
Shedding a significant portion of its workforce, the company will be downsizing by approximately 60 personnel. The Israeli unicorn has announced plans to redeploy certain affected employees into alternative roles within the company.
Frontdesk
After a failed effort to secure additional funding, the company abruptly laid off its entire 200-person workforce on January 2. The startup’s sudden decision to enact a mass layoff occurs just seven months after its inception.
