Tech Layoffs Continue to Ripple Through the Tech Industry in 2024

The tech industry continues to face a wave of layoffs in 2024, following significant workforce reductions in 2022 and 2023. According to independent layoffs tracker Layoffs.fyi, over 60,000 jobs have been cut across 254 companies this year. These layoffs are impacting both large tech companies and smaller startups. While some companies are restructuring their operations, others are facing funding challenges or market shifts. The impact of these layoffs is far-reaching, affecting innovation, automation, and the lives of many employees.

Notable Tech Layoffs in 2024

• **Cisco:** Has conducted two rounds of layoffs in 2024, impacting around 9,600 employees. The company cited a need to reduce costs and streamline operations.
• **Microsoft:** Laid off 1,900 employees in its gaming division following its acquisition of Activision Blizzard. The company has also made additional cuts in its gaming division, impacting an estimated 650 employees.
• **Amazon:** Conducted layoffs across several divisions, including Prime Video, MGM Studios, and Twitch, impacting hundreds of employees. The company cited a challenging economic environment.
• **Google:** Laid off hundreds of employees across its hardware teams, including Google Assistant, Pixel, Nest, and Fitbit. The company is also making cuts in its advertising sales team.
• **Tesla:** Conducted multiple rounds of layoffs in 2024, impacting its charging team and a significant portion of its global workforce, per internal emails from CEO Elon Musk.

Impact of Tech Layoffs on the Workforce

The wave of layoffs in the tech industry has had a significant impact on the workforce. Thousands of employees have lost their jobs, and many others are facing uncertainty about their future. These layoffs are affecting individuals, families, and communities.

Impact of Tech Layoffs on Innovation

Layoffs can have a negative impact on innovation. Companies may be forced to cut back on research and development projects, leading to slower progress in developing new technologies. This can stifle innovation and economic growth.

Impact of Tech Layoffs on Automation

Some companies are using layoffs as an opportunity to embrace automation. They are replacing human workers with AI and other technologies, which can lead to job losses and a shift in the skills needed in the tech industry.

Tech Layoffs and the Future of the Tech Industry

The future of the tech industry remains uncertain. The economic downturn, competition from emerging markets, and the increasing adoption of AI and automation are all factors that are shaping the industry. It is important to monitor the situation closely and to be prepared for continued disruption in the tech industry.

Tracking Tech Layoffs: Resources

• **Layoffs.fyi:** A website that tracks layoffs across the tech industry.
• **TechCrunch:** A website that provides news and analysis of the tech industry.

The Latest Tech Layoffs (Updated Regularly)

This is a comprehensive list of tech layoffs in 2024. It is updated regularly as new information becomes available. If you have a tip on a layoff, contact TechCrunch here.

September 2024

• Cisco: Reduced its headcount by 7%, impacting around 5,600 employees. This follows another layoff round from the company earlier in the year, where 4,000 employees were affected.
• Microsoft: Laid off around 650 employees in its gaming division. This comes eight months after the division faced 1,900 job cuts after Microsoft acquired Activision Blizzard.
• Nori: Shut down its operations, citing a “tough funding environment.”
• Bending Spoons: Will lay off 75% of WeTransfer’s staff after acquiring the file transfer service.
• Goop: Is laying off 18% of its staff as the company shifts its focus to its beauty and food brands.
• Fly.io: Has reportedly laid off around 40 employees in what appears to be a restructuring effort.
• Motif FoodWorks: Is reportedly shutting down its operations following a lengthy litigation battle with competitor Impossible Foods.

August 2024

• Character.AI: Reportedly cut at least 5% of its staff in its marketing and recruiting departments.
• Apple: Is reportedly cutting around 100 jobs in its digital services group, potentially impacting workers in the Books and News teams.
• Brave: Has laid off 27 employees, impacting roughly 14% of the web browser and search startup’s total staff.
• Scale AI: Reportedly terminated more than 1,000 remote contract workers.
• Skip the Dishes: Is cutting 100 workers in Canada and 700 working for its parent company, Just Eat Takeaway.com.
• GoPro: Will reduce its total workforce by about 15% before the end of the year as part of a major restructuring effort. The cuts will impact around 139 workers.
• Retention.com: Laid off 40% of its staff, impacting 15 employees.
• Loop: Is conducting layoffs as the company goes through a “strategic shift” in priorities. The number of employees affected is currently unknown.
• Inuitive: Is cutting 20% of its workforce, affecting around 80 employees. Inuitive CEO Shlomo Gadot is also stepping down from the company.
• Formlabs: Has laid off a “small number” of employees over the past two years, impacting 40 employees out of its less than 750-person staff.
• Sonos: CEO Patrick Spence confirmed the company cut 100 employees in a new layoff round, impacting 6% of Sonos’ workforce. Sonos previously reduced its headcount by 7% in 2023.
• Cisco: Will reportedly eliminate thousands of jobs in another round of layoffs this year. The company previously laid off more than 4,000 employees in February 2024.
• Tally: Has shut down its operations after running out of cash.
• Branch.io: Has laid off more than 100 employees. Nova Launcher, which was acquired by Branch in 2022, said the cuts whittled down its team to one full-time developer.
• READY Robotics: Has reportedly stopped its operations and is now auctioning off equipment.
• Eventbrite: Is cutting around 100 employees, accounting for 11% of its total workforce. The online ticketing company previously let go of 8% of its employees in February 2023.
• LegalZoom: Announced it will reduce its global workforce by 15% and pause future hiring efforts.
• Techstars: Is laying off 17% of its staff and ending its $80 million J.P. Morgan-backed programs at the end of this year.
• Mobius: Will completely shut down operations after facing financial struggles.
• Infineon: Will cut 1,400 jobs globally, including hundreds of roles at its German plant. The company said it will also relocate an additional 1,400 employees to countries with lower labor costs.
• Jam City: Has eliminated around 85 employees, affecting 10% of the video game developer and publisher’s total workforce.
• Dell: Will conduct layoffs as the company plans to get “leaner” and create a new sales unit focused on AI products and services. The number of employees impacted is currently unknown.
• Intel: Intel kicked off the month with substantial layoffs, with 15,000 employees accounting for 15% of its total staff affected by the company’s cutbacks.

July 2024

• Rad Power Bikes: The e-bike startup has conducted five rounds of layoffs since April 2021, with TechCrunch exclusively learning that Red Power’s most recent layoffs were conducted in July with an unknown number of Rad Power’s roughly 394 employees impacted.
• Match Group: Has discontinued livestreaming services across its dating apps, specifically Plenty of Fish and BLK, as it shifts its focus to generative AI. The move will result in a 6% reduction in its total workforce.
• Bungie: Will cut 220 employees, representing around 17% of the game studio’s total workforce. CEO Pete Parsons said the changes impact all levels of the company, including senior and executive leadership.
• Pocket FM: Has reportedly eliminated roles for nearly 200 U.S. writers a month after the company partnered with ElevenLabs to quickly convert scripts into audio content using AI.
• WayCool Foods: Has reportedly laid off more than 200 employees across several departments.
• Webflow: Announced it will eliminate roughly 8% of its workforce as the company works toward its “next phase of growth.”
• Cohere: Is reportedly laying off about 20 employees, accounting for nearly 5% of its total workforce.
• Magic Leap: Reportedly eliminated around 75 of its workers.
• Mercari: Is reportedly laying off nearly half of its employees in the U.S. as the Japan-based company struggles to compete with other e-commerce rivals like Temu.
• Aqua: Is eliminating 50 employees, accounting for 10% of its total workforce. Earlier this year, the cybersecurity company raised $60 million at a $1 billion valuation, making it a unicorn.
• EverC: Is reportedly laying off 10% of its 165-person workforce.
• Lex: Has laid off the majority of its roughly eight-person staff as the LGBTQ+ social networking site struggles to monetize its product.
• Monarch Tractor: Cut “less than” 15% of its workforce as part of a necessary reshuffling following a $133 million Series C funding round.
• Kaspersky: Will lay off dozens of employees and leave the U.S. market completely.
• Salesforce: Eliminated about 300 employees in its workforce as it rolls out a broader effort to cut costs and streamline its operations.
• Intuit: Will cut 1,800 employees, impacting 10% of its workforce. The company says more than half were cut due to low performance and aims to hire approximately the same number of employees instead of cutting costs.
• UiPath: Plans to cut 420 jobs, 10% of its total workforce, as the company undergoes a large restructuring effort.
• UKG: Cut an estimated 2,200 employees, amounting to nearly 14% of its workforce, as the software company attempts to redirect its resources into “key areas of product innovation.”
• OpenText: Plans to cut roughly 1,200 jobs, amounting to almost 2% of its total workforce, as the information management company plans to significantly reduce its expenses by 2025.
• Unacademy: Is laying off about 250 employees as part of a series of job cuts after schools reopened across India.
• Koo: Is ceasing its operations after its last-resort acquisition talks with Dailyhunt collapsed.
• Upside Foods: Has cut its workforce by 26 people as the lab-grown meat industry sees a decline in VC funding.
• Sightful: Is eliminating 20 employees, amounting to a third of its total workforce, as the company shifts its focus to software development.

June 2024

• RealPage: Will cut approximately 4% of its workforce as part of a plan to boost growth.
• Planet: Intends to lay off roughly 180 employees, amounting to 17% of its workforce.
• Moxion Power: Is laying off more than 100 employees, according to a WARN filing.
• eBay: Is reportedly conducting layoffs in Israel as it goes through a global restructuring.
• BeReal: Is reportedly cutting a large number of its staff after being acquired by French gaming company Voodoo.
• Flutterwave: Has laid off about 30 people, accounting for 3% of its workforce, as it refocuses its business to enterprise.
• Ginkgo Bioworks: Terminated 158 employees, with another batch of layoffs expected to come as the company aims to reduce its workforce by 25%.
• Moovit: Is making cuts to 10% of its workforce, impacting around 20 to 25 employees.
• Wex: Is laying off 375 employees, accounting for 5% of its total workforce.
• PayPal: Will eliminate up to 85 employees based in Ireland.
• Rapyd: Is reportedly laying off around 30 employees in Israel and will move positions to other regions to cut costs.
• C2FO: Cut 16 employees in its supplier resource management department as it focuses on automation.
• Chegg: Is reducing its global headcount by 23% in a major restructuring effort.
• StackPath: Is closing up shop and liquidating its assets. The number of employees affected is currently unknown.
• Unit: Is reducing its headcount by 15% as the company attempts to “think in longer time frames.”
• Loop: Is making more cuts. The number of employees impacted is currently unknown.
• Care/of: Will lay off its 143 employees by July 3.
• Running Tide: Shut down its operations and laid off its remaining employees.
• Satellogic: Is laying off 70 employees, about 30% of its workforce, three weeks after an earlier round of cuts impacted 34 employees.
• ByteDance: Is slashing around 450 jobs at its Indonesian e-commerce division.
• VRChat: Has eliminated around 30% of its total workforce.
• Paytm: Is reportedly conducting large cuts across the company. The total number of employees impacted is currently unknown.
• Kissflow: Has cut around 45 jobs as part of a restructuring effort.
• Copia Global: Has laid off at least 1,060 employees two weeks after the startup filed for administration.
• Revel: Is laying off its 1,000+ staff drivers as it embraces a gig worker model.
• Simpl: Has cut 30 employees a month after the Bengaluru-based startup laid off 160 people.
• Oda: Has confirmed layoffs of 150 jobs as it drastically scales back its expansion ambitions.
• Pagaya: Is laying off 100 workers, or 20% of its staff, in another round of cuts.
• MoonPay: Is reportedly laying off 10% of its workforce, amounting to around 30 people.
• Microsoft: Is reportedly cutting hundreds of employees working in its Azure cloud business.
• Orcam: Is laying off 100 employees months after reducing its headcount by 50 workers.
• Google: Is reportedly making large cuts globally across several of its Cloud teams.
• Tropic: Is eliminating 40 employees as part of a restructuring effort.

May 2024

• Gro Intelligence: Is shutting down its operations after laying off 60% of its staff in March.
• Jasper Health: Has laid off a substantial part of its workforce.
• Cirium: Is laying off 37 tech workers at FlightStats as it plans to consolidate its operations in India and the U.K.
• Walnut: Is cutting 15 employees, impacting 20% of the Israeli startup’s total workforce.
• Fisker: Has laid off hundreds of employees in a bid to keep the EV startup alive.
• Cue Health: Is shutting down its operations and laying off the rest of its staff. The COVID-19 test company laid off half of its workforce earlier this month to cut costs.
• Foursquare: Has let go of 105 employees as the company seeks to “streamline” its operations.
• Lucid Motors: Is laying off about 400 employees, roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this year.
• TikTok: Will reportedly make large cuts to its global operations and marketing teams.
• Pixar: Will reportedly cut 14% of its staff, impacting 175 employees, as the company shifts its focus from original Disney+ programming back to films.
• Replit: Let go of 20% of its staff as the coding startup shifts its focus to enterprise sales.
• SeekOut: Cut about 30% of its total workforce. The recruiting startup was last valued at over $1.2 billion in January 2022.
• Gopuff: Eliminated 6% of its staff in another round of layoffs.
• Atmosphere: Plans to lay off 106 employees, according to a WARN notice filed in Texas.
• Mainvest: Has shut down its operations. The number of employees affected is currently unknown.
• Indeed: Is cutting roughly 1,000 jobs, impacting 8% of the company’s headcount.
• Motional: Cut around 40% of its workforce, impacting about 550 employees.
• Google: Will eliminate 57 positions in San Francisco, according to a WARN notice filed in California.
• Vacasa: Is eliminating 800 employees, accounting for 13% of its workforce, as part of a restructuring effort.
• Brilliant: Told The Verge it has laid off most of its staff and is no longer selling its smart home controllers and light switches as it looks for a buyer.
• Enovix: Laid off roughly 170 workers, impacting a third of its total headcount, in an effort to cut back on annual operating costs.
• Microsoft: Closed Arkane Austin, Tango Gameworks, and more game studios as part of cuts at Bethesda. It’s currently unclear how many employees will be impacted.
• Cue Health: Is eliminating 230 employees, about 49% of its workforce, in a cost cutting measure.
• Luminar: Is slashing its workforce by 20%.
• Sprinklr: Has laid off about 3% of its workforce, impacting 116 people.
• Peloton: Is laying off 15% of its workforce, affecting about 400 people, as part of a cost-cutting effort.

April 2024

• Tesla: Has gutted its charging team in a new round of layoffs, CEO Elon Musk announced in an overnight email to executives.
• Google: Has laid off staff across key teams like Flutter, Dart and Python. It is currently unclear how many employees were let go.
• Fisker: Is laying off more employees to “preserve cash,” according to an internal email viewed by TechCrunch. The number of cuts is currently unknown.
• Getir: Is shutting down operations in the U.S., the U.K. and Europe, impacting at least 6,000 jobs across the closing markets.
• Ola: Is cutting about 180 jobs in a profitability push.
• True Anomaly: The space and defense startup laid off nearly 30 people, accounting for about 25% of its workforce.
• Expedia: Is expected to cut employees in its Austin office for the second time this year.
• Nike: Plans to eliminate 740 employees at its Oregon headquarters this summer.
• Stability AI: Is eliminating 10% of its workforce following the exit of former CEO Emad Mostaque.
• Google: Is laying off workers as part of continued cost cutting measures. The number of employees affected was at the time unknown.
• Rivian: Is reducing its total workforce by 1%. It’s the second round of layoffs for the EV maker this year.
• Take-Two: Is laying off 5% of its workforce, affecting around 579 employees. The GTA 6 publisher also announced the elimination of “several projects” in development.
• Tome: Is eliminating about 20% of its 59 employees in a restructuring effort.
• Tesla: Is cutting “more than 10%” of its global workforce, per an internal email sent by CEO Elon Musk. That could impact more than 14,000 workers worldwide.
• Criteo: Is reducing its global workforce by nearly 4%, impacting up to 140 employees.
• TikTok: Is laying off 250 employees based in Ireland.
• Hinge Health: Cut approximately 10% of its workforce as the company prepares for an IPO and aims to reach profitability.
• Checkr: Has laid off 382 employees, amounting to 32% of its total workforce. The background-screening platform was last valued at $5 billion in April of 2022.
• Bolt.Earth: Reportedly laid off a sizable part of its staff in a restructuring effort. The number of employees impacted is currently unknown.
• Apple: Is laying off 614 employees in California.
• Agility Robotics: Has laid off a “small number” of employees as part of a company-wide focus on commercialization efforts.
• Ghost Autonomy: Shut down operations. The company, which was backed by OpenAI, employed about 100 people.
• Whirlpool: Is shutting down Yummly, the recipe and cooking app it acquired in 2017.
• AWS: Will cut hundreds of jobs across Sales, Marketing, Global Services and its Physical Stores Technology team.
• Byju’s: Is laying off about 500 employees, accounting for 3% of its total workforce, as part of a restructuring effort.

March 2024

• Reliance: Reliance, largest conglomerate in India, took its time in announcing it had laid off more than 42,000 people in its fiscal year, which ended in March. That significant number accounted for 11% of its workforce, and another 143,000 employees took “voluntary separations” in the same time.
• ChowNow: Has laid off 20% of its staff after acquiring point-of-sale platform Cuboh. The company previously laid off 100 people in 2022.
• Nintendo of America: Is restructuring its testing department, which is largely made up of contractors.
• Dell: Cut its global workforce by about 6,000 jobs. The filing reveals the company cut 13,000 jobs in the last year.
• Synctera: Has made cuts to its staff. A report in Fintech Business Weekly estimates that 17 people, or about 15% of the company, were impacted.
• ShopBack: Is cutting 195 roles in an effort to become more sustainable. The layoffs impact nearly a quarter of its staff.
• Airmeet: Reportedly eliminated 20% of its total workforce.
• Chipper Cash: Conducted another round of layoffs impacting 20 employees.
• Textio: Has reportedly cut 16% of its staff in a strategic move to support its Textio Lift product.
• Stash: Is reportedly laying off around 25% of its workforce.
• Phantom Auto: Is shutting down after failing to secure new funding. The remote driving startup employed a little more than 100 people.
• IBM: Is reportedly slashing its marketing and communications staff. The company previously announced a strategy to replace upwards of 8,000 jobs with AI.
• Inscribe.ai: Cut just under 40% of its staff, equating to dozens of employees.
• Turnitin: Laid off around 15 people earlier this year.
• Sorare: Laid off 13% of its staff based in its New York office.
• Melio: Is eliminating roughly 7% of its workforce as part of organizational restructuring.
• ONE: Is cutting about 13% of its workforce, affecting 40 employees.
• Project Ronin: Is shutting down, resulting in a “permanent mass layoff” impacting around 150 employees.

February 2024

• Fisker: Plans to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months.
• EA: Cut 5% of its workforce, impacting 670 employees, as it moves away from the “development of future licensed IP.”
• Bumble: Is letting go of about 350 employees, accounting for 30% of its workforce.
• Apple: Is likely cutting hundreds of employees who worked on the company’s autonomous electric car project now that the effort has stopped.
• Sony: Is laying off 900 employees from its PlayStation unit, affecting 8% of the division’s workforce.
• Expedia: Will reportedly cut 1,500 roles in 2024, primarily in its Product & Technology division.
• Finder: Eliminated roughly 60 employees, or 17% of its workforce. It’s the financial startup’s third major layoff round in the past 12 months.
• Rivian: Is laying off 10% of its salaried workforce in a bid to cut costs.
• Meati Foods: Will lay off 13% of its workforce as it works to “build a financially sustainable business.”
• Cisco: Announced it will eliminate 5% of its employees, impacting more than 4,000 people.
• Toast: Will lay off about 550 workers in a move designed to promote “operating expense efficiency.”
• Instacart: Announced in an SEC filing that it will lay off roughly 250 employees as part of a restructuring effort.
• Mozilla: Is scaling back its investment in a number of products, resulting in layoffs that will affect roughly 60 employees.
• Grammarly: Is laying off 230 employees worldwide as part of the company’s efforts to advance its focus on “the AI-enabled workplace of the future.”
• Getaround: Is cutting 30% of its North American workforce as part of a restructuring.
• Amazon: Is reportedly cutting jobs in its healthcare businesses One Medical and Amazon Pharmacy.
• DocuSign: Announced plans to eliminate 6% of its workforce, largely impacting the company’s sales and marketing divisions.
• Snap: Announced plans to cut 10% of its workforce, impacting roughly 500-plus employees, in an effort to “reduce hierarchy.”
• Polygon Labs: Has laid off 60 employees, or about 19% of its staff.
• Okta: Is laying off approximately 400 employees.

January 2024

• Thinx: Will lay off 95 workers in New York City.
• Proofpoint: Is laying off about 6% of its global workforce, or 280 employees.
• Wattpad: Conducted another round of layoffs earlier this month, amounting to roughly 15% of its workforce.
• Block: Is reportedly laying off around 1,000 people in the Cash App, foundational and Square arms of Block.
• PayPal: Has reportedly begun company-wide layoffs. While it is unclear how many people will be affected, one source told TechCrunch it was expected to be in the “thousands.”
• Aurora Solar: Has laid off 20% of its staff.
• iRobot: Is laying off 350 people, or one-third of its headcount, after Amazon’s bid to acquire the Roomba-maker shuttered.
• Salesforce: Is reportedly laying off 700 workers, or around 1% of its staff. This comes after the company had a significant reduction of 10% of its workforce in 2023.
• Flexport: Is reportedly planning to cut around 20% of its staff in the next few weeks.
• Microsoft: Is laying off 1,900 employees across its gaming divisions following its acquisition of Activision Blizzard.
• Swiggy: Is cutting about 400 jobs, 7% of its workforce, as the food delivery startup seeks to bring further improvements to its finances.
• Aurora: Laid off dozens of workers, according to sources familiar with the decision. The autonomous vehicle technology company has since confirmed that about 3% of its workforce has been laid off.
• eBay: Will lay off 9% of the company’s workforce, affecting about 1,000 full-time employees.
• SAP: Announced it intends to offer voluntary buyouts or job changes to 8,000 employees amid restructuring.
• Brex: Laid off 20% of its staff, affecting 282 workers.
• TikTok: Eliminated around 60 jobs across the U.S. in addition to layoffs in international markets.
• Vroom: Is cutting 90% of its employees as it shuts down its online used car marketplace.
• Riot Games: Is laying off 11% of its workforce, affecting about 530 employees. The League of Legends maker is also sunsetting its five-year-old publishing group, Riot Forge.
• Wayfair: Is eliminating 13% of its global workforce, affecting 1,650 employees, in a restructuring effort.
• YouTube: Will eliminate 100 employees as part of a restructuring effort in its creator management and operations teams.
• Google: Is laying off “hundreds” of employees in its advertising sales team.
• Lost Boys Interactive: Reportedly laid off a “sizable” number of employees.
• Pixar: Is going to lay off employees in 2024.
• Audible: Is laying off 5% of its workforce, citing an “increasingly challenging landscape.”
• Discord: Is laying off 17% of its staff, impacting 170 people.
• Google: Laid off hundreds of employees across its Google Assistant division and the team that manages Pixel, Nest and Fitbit hardware.
• Amazon: Is laying off “several hundreds” of employees at Prime Video and MGM Studios.
• Twitch: Is reportedly laying off