The technology sector experienced significant workforce reductions, with over 150,000 job cuts across 542 companies. Major corporations such as Tesla, Amazon, Google, TikTok, Snap, and Microsoft implemented substantial layoffs, numerous smaller startups also faced cuts, and some ceased operations entirely.
This trend has continued into 2025, with notable companies announcing further layoffs. For instance, Hewlett Packard Enterprise plans to reduce its workforce by approximately 2,500 employees due to weaker sales and tariff uncertainties.
Wayfair is laying off around 340 technology jobs, attributing the cuts to technological advancements that have streamlined operations. Salesforce has also announced layoffs affecting over 1,000 workers, despite ongoing hiring in artificial intelligence sales roles. These developments underscore the tech industry’s ongoing challenges and the evolving dynamics of workforce management in response to market conditions and technological progress.
The wave of tech industry layoffs persisted through 2024, following substantial workforce reductions in 2022 and 2023. According to independent tracker Layoffs.fyi, more than 150,000 jobs were cut across 542 companies throughout the year. Major players such as Tesla, Amazon, Google, TikTok, Snap, and Microsoft executed significant layoffs, while many smaller startups also faced workforce reductions, with some shutting down entirely.
As we move into 2025, we continue monitoring industry layoffs to track ongoing trends. Later this year, we will separate our 2024 and 2025 reports to provide clearer insights into the evolving landscape of job cuts.
Tracking these layoffs offers valuable insights into their impact on innovation across both large corporations and emerging startups. It also sheds light on the growing role of AI and automation in displacing jobs once considered secure. Beyond the numbers, these reports serve as a stark reminder of the human cost of layoffs and the potential trade-offs between workforce reductions and technological advancements.
Below is an updated list of all known tech layoffs in 2024. If you have information about recent layoffs, you can reach out to us here. To share tips anonymously, contact us here.
Tech Layoffs by Month
- January 2025: 6,003 employees laid off — [See all January 2025 Tech Layoffs]
- December 2024: 2,268 employees laid off — [See all December 2024 Tech Layoffs]
- November 2024: 5,925 employees laid off — [See all November 2024 Tech Layoffs]
- October 2024: 3,659 employees laid off — [See all October 2024 Tech Layoffs]
- September 2024: 3,765 employees laid off — [See all September 2024 Tech Layoffs]
- August 2024: 26,024 employees laid off — [See all August 2024 Tech Layoffs]
- July 2024: 9,051 employees laid off — [See all July 2024 Tech Layoffs]
- June 2024: 10,083 employees laid off — [See all June 2024 Tech Layoffs]
- May 2024: 11,011 employees laid off — [See all May 2024 Tech Layoffs]
- April 2024: 22,423 employees laid off — [See all April 2024 Tech Layoffs]
- March 2024: 7,403 employees laid off — [See all March 2024 Tech Layoffs]
- February 2024: 15,639 employees laid off — [See all February 2024 Tech Layoffs]
- January 2024: 34,107 employees laid off — [See all January 2024 Tech Layoffs]
Zepz is cutting nearly 200 employees as it streamlines operations and exits Poland and Kenya.
February 2025 – Tech and Business Layoffs
Autodesk
Autodesk announced plans to lay off 1,350 employees, impacting 9% of its total workforce as part of efforts to reshape its go-to-market (GTM) strategy. The company is also reducing its physical footprint but does not intend to close any offices.
Google is restructuring its People Operations and Cloud teams, leading to job cuts. A voluntary exit program is being offered to U.S.-based People Operations employees.
Nautilus
Nautilus reduced its workforce by 25 employees, representing 16% of its staff. The company plans to launch a commercial version of its proteome analysis platform in 2026.
eBay
eBay is expected to lay off several dozen employees in Israel, potentially affecting 10% of its 250-person workforce in the country.
Starbucks
Starbucks eliminated 1,100 jobs in a reorganization effort primarily affecting its tech division. Some of these roles will be outsourced to third-party firms.
Commercetools
The e-commerce platform Commercetools has laid off dozens of employees in recent weeks, including approximately 10% of its workforce in a single day, after failing to meet sales targets. The company was valued at $1.9 billion just a few years ago.
Dayforce
Dayforce is cutting approximately 5% of its workforce as part of an efficiency drive aimed at boosting profitability and growth.
Expedia
Expedia has implemented another round of layoffs to cut costs, though the exact number of affected employees remains unknown. Last year, the company eliminated 1,500 positions in its Product & Technology division.
Skybox Security
Skybox Security has shut down operations and laid off its workforce after selling its business and technology to Israeli cybersecurity firm Tufin, affecting roughly 300 employees.
HerMD
Women’s healthcare startup HerMD is shutting down due to ongoing challenges in the healthcare sector. The number of affected employees remains unclear. The company had raised $18 million in 2023 to support its expansion.
Zendesk
Zendesk has cut 51 jobs at its San Francisco headquarters, according to state filings. This follows an 8% workforce reduction in 2023.
Vendease
Y Combinator-backed Nigerian startup Vendease has laid off 120 employees, representing 44% of its workforce. This marks its second round of layoffs in five months.
Logically
Logically has laid off dozens of employees as part of a cost-cutting initiative aimed at ensuring long-term sustainability in its fight against misinformation.
Blue Origin
Blue Origin will reduce its workforce by 10%, impacting more than 1,000 employees. According to an internal email obtained by CNN, the cuts primarily affect engineering and program management roles.
Redfin
Redfin disclosed in an SEC filing that it will eliminate approximately 450 positions between February and July 2025. A full restructuring is expected by fall following its new partnership with Zillow.
Sophos
Cybersecurity firm Sophos is laying off 6% of its workforce. The announcement comes just two weeks after the company acquired Secureworks for $859 million.
Zepz
Zepz is cutting nearly 200 employees as it streamlines operations and exits Poland and Kenya.
Unity
Unity has conducted another round of layoffs, though the number of affected employees remains undisclosed.
JustWorks
JustWorks CEO Mike Seckler announced nearly 200 job cuts, citing concerns over potential economic downturns, such as a recession or rising interest rates.
Bird
Bird has laid off 120 employees—around one-third of its workforce—according to TechCrunch. This follows a prior round of 90 job cuts after its recent rebranding.
Sprinklr
Sprinklr has cut approximately 500 jobs, impacting 15% of its workforce. The move follows two previous layoffs that affected 200 employees, citing weak business performance.
Sonos
Sonos reportedly laid off around 200 employees, following a prior reduction of 100 jobs in August 2024.
Workday
Workday has laid off 1,750 employees, affecting 8.5% of its total workforce. The cuts were first reported by Bloomberg and later confirmed by TechCrunch.
Okta
Okta has let go of 180 employees, just over a year after eliminating 400 positions in a previous round of job cuts.
Cruise
Cruise is cutting 50% of its workforce, including CEO Marc Whitten and several top executives, as it prepares to shut down operations. The remaining assets will be absorbed by General Motors.
Salesforce
Salesforce is reportedly eliminating over 1,000 jobs while simultaneously hiring new employees to support its AI product expansion.
January 2025 – Company Closures & Layoffs
Cushion
Fintech startup Cushion has shut down operations, CEO Paul Kesserwani announced on LinkedIn. In 2022, the company had a post-money valuation of $82.4 million, according to PitchBook.
Placer.ai
(Information missing—please provide details.)
Recent Layoffs Across Major Companies
Amazon
Amazon has laid off dozens of workers in its communications department to enhance speed, increase ownership, strengthen company culture, and bring teams closer to customers.
Stripe
Stripe is letting go of 300 employees, according to a leaked memo reported by Business Insider. However, the fintech giant plans to increase its total headcount by 17%.
Textio
The augmented writing startup has laid off 15 employees as part of a restructuring effort.
Pocket FM
Pocket FM is cutting 75 employees to ensure its long-term sustainability and success. This follows the company’s July 2024 layoff of 200 writers after partnering with ElevenLabs.
Aurora Solar
Aurora Solar is planning to cut 58 jobs in response to ongoing macroeconomic challenges and uncertainty in the solar industry.
Meta
Meta announced internally that it will cut 5% of its workforce, focusing on “low performers,” as it prepares for an intense year. The company currently employs over 72,000 people.
Wayfair
Wayfair will cut up to 730 jobs, representing 3% of its workforce, as it exits Germany and shifts focus to physical retailers.
Pandion
The delivery startup is shutting down, affecting 63 employees. Workers will be paid through January 15 but will not receive severance.
Icon
As part of a team realignment, Icon is laying off 114 employees, shifting focus toward a robotic printing system, according to a new WARN notice filing.
Altruist
Altruist eliminated 37 jobs, impacting approximately 10% of its workforce, even as it continues aggressive hiring.
Aqua Security
Aqua Security is cutting dozens of jobs across its global markets in a strategic reorganization aimed at boosting profitability.
SolarEdge Technologies
The company plans to lay off 400 employees globally—its fourth round of layoffs since January 2024—amid a downturn in the solar industry.
Level
The fintech startup, founded in 2018, shut down earlier this year following an unsuccessful attempt to find a buyer. Employer.com is reportedly considering acquiring it post-shutdown.
Brave Care
Brave Care has permanently shut down, according to a post on its website. The number of affected employees remains unclear.
Epicery
The food delivery startup has ceased operations due to insurmountable economic and financial challenges.
Bench
Bench abruptly shut down but was later acquired by Employer.com in a last-minute deal. It is unknown how many of its 600 employees will be rehired.
Lilium
Lilium laid off about 1,000 workers after ceasing operations. However, a consortium of investors has agreed to acquire two subsidiaries, potentially enabling the company to restructure and exit insolvency.
Boston Dynamics
The robotics company laid off 45 employees, or 5% of its workforce, impacting nearly every function within the business.
OfferUp
OfferUp is cutting 22% of its workforce as it expands into new product lines. The exact number of impacted employees is not yet known.
Canoo
The EV startup is undergoing another round of layoffs just two months after relocating employees to Texas to avoid bankruptcy. Over 20 employees are affected.
Foundry
Foundry eliminated 27% of its workforce, including 16% of its U.S. employees and a small team in India, totaling 74 workers.
Calendly
Calendly laid off 70 employees—13% of its workforce—affecting engineering, customer experience, marketing, and billing teams.
Yahoo
Yahoo laid off 25% of its cybersecurity team, known as The Paranoids, impacting 40-50 employees out of a 200-person team.
Bluevine
The fintech company is cutting 100 jobs, reducing its global workforce by 18%—its second round of layoffs in six months.
EasyKnock
EasyKnock has shut down abruptly following lawsuits and an FTC consumer alert regarding its sale-leaseback business model.
Carousell
Carousell is eliminating 76 roles in a reorganization, representing 7% of its total workforce.
Mixtroz
Mixtroz is shutting down, as announced by co-founders Kerry Schrader and Ashlee Ammons Halpin.
Stash
Stash reportedly laid off 40% of its 220-person workforce in a major restructuring following CEO Liza Landsman’s departure in September.
Booking Holdings
The company laid off 60 employees in its B2B division as it shifts focus to AI.
Lightspeed Commerce
Lightspeed Commerce will lay off 200 employees as part of a strategic review while considering a potential sale. It previously cut 280 jobs in April.
AMD
AMD is laying off 4% of its workforce—potentially impacting around 1,000 employees—to focus on large growth opportunities.
23andMe
The company is cutting 40% of its workforce, over 200 employees, due to declining interest in its products and a 2023 data breach affecting 7 million users.
Chegg
Chegg is laying off 319 employees, or 21% of its staff, as it struggles to compete with AI tools like ChatGPT.
Boeing
Boeing will cut 10% of its workforce—approximately 17,000 jobs—following a Q3 loss of $9.97 per share amid ongoing union strikes.
Samsung
Samsung is reducing jobs in Southeast Asia and Australia to improve operational efficiency, potentially affecting 10% of workers in those markets.
September 2024: Layoffs and Business Restructuring Updates
Shein
Shein has laid off 17 employees in Singapore as it prepares for an IPO on the London Stock Exchange.
Drata
The security compliance platform has reduced its workforce by 9%, affecting 40 employees.
Moov
Reports indicate that Moov has laid off more than 50 employees, though the company has yet to confirm the news.
FreightWaves
FreightWaves has cut 16 positions across sales, HR, and marketing, citing a significant downturn in the freight market.
Northvolt
In an effort to reduce costs, the battery giant is downsizing by 25% globally, impacting over 1,600 employees.
Olo
The company is cutting 9% of its workforce, affecting approximately 50 employees, as it reallocates resources to future growth initiatives.
Healthy.io
The Israeli healthtech firm has laid off 40 employees across the U.S., UK, and Israel. This follows a previous round of layoffs in 2023, which saw 70 job cuts.
Reverb
The Chicago-based music gear marketplace, acquired by Etsy in 2019, has reportedly eliminated 40 roles.
Luminar
CEO Austin Russell announced a 30% workforce reduction, primarily affecting non-technical roles, as part of a broader cost-cutting measure.
Notable Labs
The biotech company is cutting 65% of its workforce and pausing a clinical trial for its cancer treatment to manage expenses.
CrawTrawler
CrawTrawler is reducing its workforce by 10%, impacting about 40 employees. However, it plans to create 28 new roles as part of a strategic shift.
ApplyBoard
The company has downsized by 4% as it restructures its Ontario operations.
Qualcomm
Qualcomm will lay off 226 employees in San Diego later this year, according to a California WARN notice. This follows a previous round of over 1,250 job cuts.
Udemy
The online learning platform is restructuring, reducing its workforce by approximately 280 employees. However, it expects to rehire about half of those affected, particularly in lower-cost markets.
Amperity
Amperity is laying off 13% of its workforce, following multiple rounds of reductions in 2023 and earlier this year.
Cisco
Cisco is cutting 7% of its workforce, affecting around 5,600 employees. This follows an earlier layoff round that impacted 4,000 workers.
Microsoft
Microsoft is laying off approximately 650 employees in its gaming division, eight months after a previous round of 1,900 job cuts following its acquisition of Activision Blizzard.
Nori
The company has shut down operations due to a “tough funding environment,” co-founder Alexsandra Guerra announced on LinkedIn.
Bending Spoons
Following its July acquisition of WeTransfer, Bending Spoons is laying off 75% of the file transfer service’s workforce.
Goop
Goop is reducing its 216-person staff by 18% as it shifts focus toward its beauty and food brands, deprioritizing wellness and travel.
Fly.io
Reports indicate that Fly.io has laid off approximately 40 employees as part of a restructuring effort.
Motif FoodWorks
The company is reportedly shutting down after a prolonged legal battle with competitor Impossible Foods.
August 2024 – Tech Industry Layoffs & Workforce Reductions
Character.AI
Reportedly reduced at least 5% of its staff, primarily in the marketing and recruiting departments.
Apple
Cut approximately 100 jobs within its digital services group, potentially impacting employees in its Books and News teams.
Brave
Laid off 27 employees across various departments, affecting about 14% of the web browser and search startup’s workforce, according to TechCrunch.
Scale AI
Terminated over 1,000 remote contract workers. However, the company did not classify these cuts as layoffs and stated that full-time employees remain unaffected.
SkipTheDishes
Eliminated 100 positions in Canada, while its parent company, Just Eat Takeaway.com, cut an additional 700 jobs, as announced by CEO Paul Burns on LinkedIn.
GoPro
Plans to reduce its workforce by approximately 15%—impacting around 139 employees—before the end of the year as part of a major restructuring effort.
Retention.com
Laid off 40% of its workforce, affecting 15 employees, according to a LinkedIn post by CEO Adam Robinson.
Loop
Announced layoffs due to a “strategic shift” in priorities, though the exact number of affected employees remains unknown.
Inuitive
Cut 20% of its workforce, impacting around 80 employees. Additionally, CEO Shlomo Gadot is stepping down.
Formlabs
Confirmed it has laid off a “small number” of employees over the past two years, affecting 40 staff members out of its workforce of fewer than 750.
Sonos
CEO Patrick Spence confirmed that the company laid off 100 employees in a recent round of cuts, reducing its workforce by 6%. This follows a previous 7% workforce reduction in 2023.
Cisco
Reportedly planning to eliminate thousands of jobs in another round of layoffs this year. Earlier in February 2024, the company let go of over 4,000 employees.
Tally
Shut down operations after exhausting all options to stay afloat. The fintech firm, which helped users manage and pay off credit card debt, had 183 employees and was last valued at $855 million.
Branch.io
Laid off more than 100 employees. Nova Launcher, which Branch acquired in 2022, reported that the cuts have reduced its team to a single full-time developer.
READY Robotics
Reportedly ceased operations and is now auctioning off its equipment through Silicon Valley Disposition.
Eventbrite
Cut approximately 100 employees, accounting for 11% of its workforce. This follows a previous 8% reduction in February 2023.
LegalZoom
Announced plans to reduce its global workforce by 15% and freeze future hiring in an effort to save $25 million.
Techstars
Laid off 17% of its workforce and will end its $80 million J.P. Morgan-backed programs by year’s end after facing financial losses and leadership changes.
Mobius
The Kenya-based SUV manufacturer will shut down operations entirely, citing financial struggles and tax hikes as key reasons for the closure.
Infineon
Plans to cut 1,400 jobs worldwide, including hundreds at its German plant. An additional 1,400 employees will be relocated to lower-cost labor markets.
Jam City
Eliminated around 85 positions, affecting 10% of its workforce in the video game development and publishing sector.
Dell
Announced upcoming layoffs as part of an internal effort to become “leaner.” The company is also creating a new sales unit focused on AI products and services. The number of impacted employees remains undisclosed.
Intel
Initiated substantial layoffs affecting 15,000 employees—approximately 15% of its workforce. In a company memo, CEO Pat Gelsinger cited underwhelming revenue growth and delayed benefits from AI advancements as key factors behind the cuts.
July 2024: Notable Layoffs and Business Shifts
Rad Power Bikes
The e-bike startup, which has secured over $300 million in funding, has undergone five rounds of layoffs since April 2021. TechCrunch exclusively reports that the most recent workforce reduction took place in July, though the number of affected employees from Rad Power’s roughly 394-person team remains undisclosed.
Match Group
Match Group has discontinued livestreaming services on its dating platforms, including Plenty of Fish and BLK, to prioritize generative AI initiatives. This shift will result in a 6% reduction in its workforce.
Bungie
The game studio will lay off 220 employees, representing approximately 17% of its workforce. CEO Pete Parsons confirmed that the cuts impact all levels of the company, including senior and executive leadership.
Pocket FM
The company has reportedly eliminated nearly 200 writing roles in the U.S. This move comes just a month after Pocket FM partnered with ElevenLabs to accelerate script-to-audio conversion using AI.
WayCool Foods
The agritech firm has reportedly laid off over 200 employees across multiple departments. This marks the company’s third major round of layoffs within a year.
Webflow
Webflow has announced plans to cut approximately 8% of its workforce as it moves into its “next phase of growth.”
Cohere
The AI company is reportedly cutting around 20 employees—nearly 5% of its workforce. The layoffs were announced just a day after Cohere secured $500 million in funding at a $5 billion valuation.
Magic Leap
The augmented reality startup has reportedly laid off around 75 employees and entirely dissolved its sales and marketing departments.
Mercari
The Japan-based e-commerce platform is reportedly laying off nearly half of its U.S. workforce as it struggles to compete with rivals like Temu.
Aqua
The cybersecurity company is eliminating 50 positions, amounting to 10% of its workforce. This comes after Aqua raised $60 million earlier this year, achieving unicorn status with a $1 billion valuation.
EverC
Cyber intelligence firm EverC is reportedly laying off 10% of its 165-person workforce as it navigates challenges in the online fraud prevention sector.
Lex
The LGBTQ+ social networking platform has laid off most of its small, eight-person team as it struggles to monetize. The company, which raised $5.6 million in seed funding last year, recently appointed co-founder Jennifer Lewis as CEO.
Monarch Tractor
Following a $133 million Series C funding round, the autonomous tractor company has cut “less than” 15% of its 250- to 300-person workforce as part of a restructuring effort, according to TechCrunch.
Kaspersky
The cybersecurity firm is set to lay off dozens of employees and exit the U.S. market entirely following a government order banning the sale of its software due to security concerns.
Salesforce
As part of broader cost-cutting measures, Salesforce has eliminated approximately 300 positions across its workforce.
Intuit
The financial software giant is cutting 1,800 employees—10% of its workforce—citing performance issues for over half of the terminations. However, the company plans to hire a similar number of new employees.
UiPath
The automation software company is undergoing a major restructuring, which includes cutting 420 jobs, representing 10% of its workforce.
UKG
The software company has laid off approximately 2,200 employees—about 14% of its workforce—as it reallocates resources toward product innovation.
OpenText
The information management firm plans to cut around 1,200 jobs—roughly 2% of its workforce—as part of a cost-reduction initiative aimed at 2025.
Unacademy
The Indian edtech company is laying off 250 employees in response to reduced demand following the reopening of schools post-pandemic.
Koo
The social media platform is shutting down operations after failed acquisition talks with Dailyhunt.
Upside Foods
The cultivated meat company has reduced its workforce by 26 employees, according to an internal email from CEO Uma Valeti. The layoffs reflect a broader decline in venture capital investment in the lab-grown meat sector.
Sightful
The company is cutting 20 positions—about a third of its workforce—as it pivots its focus toward software development.
June 2024 Layoffs Across Various Companies
- RealPage: Cutting approximately 4% of its workforce to drive growth, despite facing a consolidated lawsuit over alleged price-fixing practices.
- Planet: Laying off about 180 employees (17% of its workforce), marking its second recent round of cuts, per an SEC filing.
- Moxion Power: Laying off over 100 employees, as indicated in a WARN filing, despite a recent office expansion in Richmond, California.
- eBay: Reportedly conducting layoffs in Israel as part of a global restructuring.
- BeReal: Significantly reducing its workforce following its acquisition by French gaming company Voodoo.
- Flutterwave: Laid off around 30 employees (3% of its workforce) as it shifts focus toward enterprise solutions.
- Ginkgo Bioworks: Terminated 158 employees, with additional layoffs expected as part of a plan to cut its workforce by 25%.
- Moovit: Cutting 10% of its workforce, impacting 20–25 employees.
- Wex: Laying off 375 employees, representing 5% of its total staff.
- PayPal: Announced plans to eliminate up to 85 jobs in Ireland.
- Rapyd: Reportedly laying off around 30 employees in Israel, with plans to relocate positions to other regions to reduce costs.
- C2FO: Cut 16 employees in its supplier resource management department, prioritizing automation.
- Chegg: Reducing global headcount by 23% in a major restructuring aimed at streamlining operations.
- StackPath: Closing down and liquidating its assets, though the number of affected employees remains unclear.
- Unit: Reducing its workforce by 15% as it adopts a longer-term strategic approach, according to a company blog post.
- Loop: Implementing further layoffs, as announced by co-CEO Carey Anne Nadeau on LinkedIn, though the exact number remains unknown.
- Care/of: Set to lay off 143 employees by July 3 due to funding loss, halting new orders while exploring future options for the brand.
- Running Tide: Ceased operations and laid off all remaining employees after raising over $50 million since its 2017 launch.
- Satellogic: Laying off 70 employees (30% of its workforce) just weeks after a prior round of cuts affected 34 workers.
- ByteDance: Cutting approximately 450 jobs (9% of its Indonesian e-commerce division).
- VRChat: Eliminated around 30% of its workforce, as confirmed by CEO Graham Gaylor.
- Paytm: Reportedly conducting significant layoffs, though the total number of affected employees remains undisclosed.
- Kissflow: Cut around 45 jobs as part of a restructuring effort.
- Copia Global: Laid off at least 1,060 employees, following the company’s recent administration filing.
- Revel: Laying off over 1,000 staff drivers as it transitions to a gig worker model similar to Lyft and Uber.
- Simpl: Cut 30 employees just a month after previously laying off 160 workers.
- Oda: Confirmed layoffs of 150 employees as it scales back expansion plans to focus on Norway and Sweden.
- Pagaya: Laying off 100 employees (20% of its workforce) in another round of job cuts.
- MoonPay: Reportedly laying off 10% of its workforce (around 30 employees).
- Microsoft: Expected to cut hundreds of jobs within its Azure cloud division, though the exact number is unknown.
- OrCam: Laying off 100 employees, following an earlier reduction of 50 workers.
- Google: Reportedly making significant global job cuts across various Cloud teams, including sustainability, consulting, and partner engineering.
- Tropic: Eliminating 40 employees as part of a restructuring, according to CEO David Campbell on LinkedIn.
May 2024 Layoffs and Shutdowns
- Gro Intelligence – The company is shutting down operations after cutting 60% of its staff in March in an effort to stay afloat.
- Jasper Health – The cancer care platform startup has laid off a significant portion of its workforce, with the engineering and product design departments being the most affected, according to TechCrunch.
- Cirium – The flight tracking company is laying off 37 tech employees at FlightStats, which it acquired in 2016, as it consolidates operations in India and the U.K.
- Walnut – The Israeli startup is reducing its workforce by 20%, cutting 15 employees in a recent round of layoffs.
- Fisker – In an attempt to keep the EV startup afloat, Fisker has laid off hundreds of employees. Sources estimate that only about 150 employees remain.
- Cue Health – The COVID-19 test company is shutting down operations and laying off its remaining staff. Earlier this month, it had already cut half of its workforce to reduce costs.
- Foursquare – The company has laid off 105 employees as part of a broader effort to streamline operations, according to an internal email from CEO Gary Little.
- Lucid Motors – Approximately 400 employees, or 6% of the workforce, are being laid off as the company restructures ahead of the launch of its first electric SUV later this year.
- TikTok – Reports indicate that the company is making major cuts to its global operations and marketing teams. The exact number of employees affected remains unknown.
- Pixar – The animation studio is reportedly cutting 14% of its workforce, impacting 175 employees, as it shifts focus from Disney+ programming back to feature films.
- Replit – The coding startup has laid off 20% of its staff as it pivots toward enterprise sales.
- SeekOut – The AI-driven recruiting startup, last valued at over $1.2 billion in early 2022, has cut 30% of its workforce.
- Gopuff – The fast-delivery service has eliminated 6% of its staff in another round of layoffs as it aims to achieve cash-flow positivity by the end of 2024.
- Atmosphere – The company is planning to lay off 106 employees, according to a WARN notice filed in Texas.
- Mainvest – The company has ceased operations, though the number of affected employees remains unclear.
- Indeed – CEO Chris Hyams announced that the job search company is cutting approximately 1,000 positions, impacting 8% of its workforce.
- Motional – The autonomous vehicle company has laid off around 40% of its workforce, affecting approximately 550 employees, according to sources. Chief Operating Officer Abe Ghabra has also left the company.
- Google – A WARN notice filed in California confirms that the company will be eliminating 57 positions in San Francisco.
- Vacasa – The vacation rental management firm is cutting 800 jobs, or 13% of its workforce, as part of a restructuring initiative.
- Brilliant – The smart home technology company has laid off most of its staff and halted sales of its smart home controllers and light switches as it seeks a buyer.
- Enovix – To reduce annual operating costs, the battery technology company has laid off around 170 employees, affecting one-third of its workforce.
- Microsoft – The tech giant has shut down several game studios, including Arkane Austin and Tango Gameworks, as part of broader layoffs at Bethesda. The total number of employees affected remains unclear.
- Cue Health – The company is eliminating 230 employees, about 49% of its workforce, according to documents filed with the U.S. SEC.
- Luminar – The company is reducing its workforce by 20%, impacting around 140 employees and severing ties with most of its contract workers.
- Sprinklr – The company has confirmed laying off 116 employees, representing about 3% of its workforce. This follows a previous round of cuts that reduced headcount by 4% over a year ago.
- Peloton – The fitness company is laying off 15% of its workforce—approximately 400 employees—as part of a cost-cutting initiative. CEO Barry McCarthy is also stepping down.
Recent Layoffs Across Major Companies (2024)
April 2024
- Tesla: CEO Elon Musk announced in an overnight email that Tesla has downsized its charging team as part of a broader wave of layoffs.
- Google: The company has laid off employees across key teams, including Flutter, Dart, and Python. The total number of affected staff remains unclear.
- Fisker: More layoffs have been implemented in an effort to “preserve cash,” according to an internal email viewed by TechCrunch.
- Getir: The company is shutting down operations in the U.S., U.K., and Europe, impacting at least 6,000 jobs.
- Ola: About 180 jobs are being cut as part of a profitability push, and CEO Hemant Bakshi has also been let go, per sources familiar with the matter.
- True Anomaly: The space and defense startup has laid off nearly 30 employees—around 25% of its workforce—due to redundancies across roles.
- Expedia: Layoffs are expected at the company’s Austin office for the second time this year.
- Nike: Plans to eliminate 740 jobs at its Oregon headquarters this summer, as indicated by a WARN Act notice.
- Stability AI: Cutting 10% of its workforce following the departure of former CEO Emad Mostaque.
- Google: Continuing layoffs as part of ongoing cost-cutting efforts, though the number of affected employees remains undisclosed.
- Rivian: The EV maker is reducing its workforce by 1%—its second round of layoffs this year.
- Take-Two: The gaming company is laying off 5% of its workforce, affecting around 579 employees, and has also canceled several in-development projects.
- Tome: The startup is cutting 20% of its 59-person team in a restructuring effort.
- Tesla: CEO Elon Musk revealed plans to cut over 10% of Tesla’s global workforce—potentially affecting 14,000+ employees—as the company prepares for its next growth phase amid EV market challenges.
- Criteo: The company is reducing its global workforce by nearly 4%, impacting up to 140 employees.
- TikTok: Laying off 250 employees in Ireland as part of a restructuring of its Training and Quality team.
- Hinge Health: Cutting about 10% of its workforce as it prepares for an IPO and seeks profitability.
- Checkr: Laying off 382 employees—32% of its workforce—according to TechCrunch.
- Bolt.Earth: Reportedly conducting a major round of layoffs, with sources estimating between 70–100 employees affected.
- Apple: Laying off 614 employees in California after abandoning its electric vehicle project, per a WARN notice.
- Agility Robotics: Conducting a small number of layoffs as the company focuses on commercialization.
- Ghost Autonomy: The OpenAI-backed startup has shut down, leaving about 100 employees jobless.
- Whirlpool: Shutting down Yummly, the recipe and cooking app it acquired in 2017.
- AWS: Cutting hundreds of jobs across Sales, Marketing, Global Services, and the Physical Stores Technology team.
- Byju’s: Laying off around 500 employees—3% of its workforce—as part of a restructuring initiative.
March 2024
- Reliance: India’s largest conglomerate confirmed layoffs of over 42,000 employees (11% of its workforce) in its fiscal year ending March. An additional 143,000 employees opted for “voluntary separations.”
- ChowNow: Cut 20% of its workforce after acquiring point-of-sale platform Cuboh, following a previous layoff of 100 employees in 2022.
- Nintendo of America: Restructuring its testing department, primarily composed of contractors. Some contracts are ending, but new full-time roles will be created.
- Dell: Eliminated approximately 6,000 jobs globally, bringing its total job cuts to 13,000 in the past year, as revealed in a 10-K SEC filing.
- Synctera: Conducted staff reductions, with estimates suggesting around 17 employees (15% of its workforce) were impacted.
- ShopBack: Cut 195 jobs—nearly 25% of its staff—in an effort to improve sustainability.
- Airmeet: Implemented its second restructuring effort in a year, eliminating 20% of its workforce.
- Chipper Cash: CEO Ham Serunjogi announced another round of layoffs, impacting 20 employees.
- Textio: Cut 16% of its staff in a strategic shift toward its Textio Lift product.
- Stash: Reportedly laying off around 25% of its workforce, affecting about 80 employees.
- Phantom Auto: The remote-driving startup has shut down after failing to secure new funding. It previously reduced staff and had about 100 employees.
- IBM: Cutting jobs in its marketing and communications departments, following its strategy to replace up to 8,000 positions with AI.
- Inscribe.ai: Laid off nearly 40% of its workforce.
- Turnitin: Reduced its workforce by about 15 employees, following CEO Chris Caren’s statement that AI advancements could enable a 20% reduction in headcount.
- Sorare: The Web3 fantasy sports platform cut 13% of its New York-based workforce, shifting focus to its Paris headquarters.
- Melio: Eliminating 7% of its workforce in an organizational restructuring, after previous layoffs in August 2022.
- ONE: Cutting 13% of its workforce, affecting 40 employees—its second round of layoffs in recent months.
- Project Ronin: Shutting down entirely, leading to a “permanent mass layoff” affecting around 150 employees.
February 2024
- Fisker: Planning to lay off 15% of its workforce and warning of potential cash shortages in the next 12 months.
- EA: Cutting 5% of its workforce (670 employees) as it moves away from licensed IP development.
- Bumble: Letting go of 350 employees—30% of its workforce.
- Apple: Reportedly cutting hundreds of employees from its canceled autonomous electric car project.
- Sony: Laying off 900 employees (8% of PlayStation’s workforce), impacting studios such as Insomniac Games, Naughty Dog, Guerrilla, and Firesprite.
- Expedia: Expected to cut 1,500 jobs—more than 8% of its Product & Technology division—by the end of 2024.
- Finder: Eliminated 60 jobs (17% of its workforce) in its third major layoff round within a year.
- Rivian: Cutting 10% of its salaried workforce to navigate a challenging EV market.
- Meati Foods: Laying off 13% of its workforce to ensure financial sustainability.
- Cisco: Announced plans to cut 5% of its workforce, affecting over 4,000 employees.
- Toast: Laying off about 550 workers to improve operational efficiency.
- Instacart: Filed plans with the SEC to cut approximately 250 employees as part of restructuring efforts.
- Mozilla: Scaling back investments in several products, leading to about 60 layoffs.
- Grammarly: Laying off 230 employees worldwide as part of its AI-focused strategy.
- Getaround: Cutting 30% of its North American workforce in a restructuring move.
- Amazon: Reportedly downsizing its healthcare divisions, including One Medical and Amazon Pharmacy, though exact figures remain unknown.
- DocuSign: Announced a 6% workforce reduction, primarily affecting sales and marketing roles.
- Snap: Cutting 10% of its workforce (500+ employees) to streamline operations.
- Polygon Labs: CEO Marc Boiron confirmed layoffs affecting 60 employees (19% of its workforce).
- Okta: Laying off approximately 400 employees, a year after cutting 300 jobs.
January 2024 Layoffs
- Thinx – Filed a notice with the New York Department of Labor stating it will lay off 95 employees in New York City.
- Proofpoint – Confirmed it is cutting approximately 6% of its global workforce, impacting 280 employees, according to TechCrunch.
- Wattpad – Conducted another round of layoffs earlier this month, reducing its workforce by about 15%, per a source familiar with the matter.
- Block – Reportedly laying off around 1,000 employees across its Cash App, foundational, and Square divisions.
- PayPal – Has begun company-wide layoffs. While the exact number remains unclear, one source told TechCrunch the cuts could affect “thousands” of employees.
- Aurora Solar – Laid off 20% of its 1,000-person staff despite record growth in the solar industry last year, TechCrunch exclusively reported.
- iRobot – Cutting 350 employees, or one-third of its workforce, following the collapse of Amazon’s acquisition deal. Longtime CEO Colin Angle is stepping down.
- Salesforce – Reportedly laying off 700 employees, approximately 1% of its workforce, following a major reduction of 10% in 2023.
- Flexport – Expected to cut about 20% of its staff in the coming weeks, following similar layoffs in October after CEO Ryan Petersen returned.
- Microsoft – Laying off 1,900 employees across its gaming divisions following the acquisition of Activision Blizzard. Blizzard President Mike Ybarra is also stepping down.
- Swiggy – Cutting approximately 400 jobs, or 7% of its workforce, as it aims to strengthen its financials ahead of a planned IPO.
- Aurora – Laid off around 3% of its workforce, according to sources familiar with the decision.
- eBay – Planning to reduce its workforce by 9%, affecting approximately 1,000 full-time employees. Contract roles will also be cut in the coming months.
- SAP – Announced plans to offer voluntary buyouts or job changes to 8,000 employees as part of restructuring efforts.
- Brex – Laid off 20% of its workforce, impacting 282 employees. Co-CEO Pedro Franceschi stated the company is prioritizing long-term stability over short-term financial gains.
- TikTok – Cut around 60 jobs across its U.S. offices in Los Angeles, New York, and Austin, alongside additional international layoffs. Most affected roles were in sales and advertising.
- Vroom – Shutting down its online used car marketplace, resulting in layoffs affecting 90% of its workforce. The company will shift focus to auto financing and AI-powered analytics.
- Riot Games – Cutting 11% of its workforce, affecting about 530 employees, to concentrate on “fewer, high-impact projects.” The company is also closing its Riot Forge publishing group.
- Wayfair – Eliminating 13% of its global workforce, impacting 1,650 employees, as part of a management restructuring effort.
- YouTube – Confirmed it will lay off 100 employees as part of a restructuring of its creator management and operations teams.
- Google – Laying off “hundreds” of employees in its advertising sales division, per a leaked memo. This follows widespread job cuts in its hardware teams, with more expected throughout 2024.
- Lost Boys Interactive – Laid off a “sizable” number of employees on January 12. The studio was acquired by Gearbox in 2022.
- Pixar – Reportedly planning layoffs in 2024, with as much as 20% of its 1,300-person workforce at risk. Disney is scaling back the studio’s output due to streaming profitability challenges.
- Audible – Laying off 5% of its workforce, citing an “increasingly challenging landscape,” per a leaked memo obtained by Business Insider.
- Discord – Cutting 17% of its staff, affecting 170 employees. CEO Jason Citron attributed the layoffs to overexpansion.
- Google – Laid off hundreds of employees in its Google Assistant and hardware divisions, impacting teams working on Pixel, Nest, and Fitbit. Fitbit co-founders James Park and Eric Friedman are also departing.
- Amazon – Cutting “several hundred” employees at Prime Video and MGM Studios, per a memo obtained by TechCrunch. This follows 500 layoffs at Amazon’s Twitch.
- Twitch – Reportedly laying off 500 employees, or 35% of its workforce, as it struggles to reach profitability amid rising costs and community backlash. The cuts follow hundreds of layoffs in 2023.
- Treasure Financial – Confirmed that layoffs in December affected 14 employees, representing 60% to 70% of its workforce, according to multiple sources.
- Duolingo – Reduced 10% of its contractor workforce at the end of 2023, shifting towards AI-powered content production and translations.
- Rent the Runway – Cutting approximately 10% of corporate roles amid a restructuring following the planned resignation of Operating Chief and President Anushka Salinas.
- Unity – Reducing its workforce by 25%, impacting 1,800 employees. The gaming engine maker previously went through three rounds of layoffs in 2023.
- Pitch – Laid off two-thirds of its workforce as the collaborative presentation software startup pivots toward a new direction. CEO and co-founder Christian Reber has stepped down.
- BenchSci – Cut 17% of its workforce on January 8, citing economic shifts in a LinkedIn post announcing the layoffs.
- Flexe – Eliminated 38% of its staff on January 8, following previous layoffs in September 2023.
- NuScale – Announced on January 8 that it is laying off 28% of its workforce, or 154 employees, as it refocuses on strategic priorities.
- Trigo – Reportedly reducing its workforce by 15%, affecting employees working on computer vision solutions for retailers.
- InVision – Set to shut down by the end of 2024 after a 12-year run. The design collaboration startup was once valued at nearly $2 billion.
- VideoAmp – Cutting nearly 20% of its workforce as it continues its battle with Nielsen over media measurement. CEO Ross McCray has stepped down.
- Orca Security – Laying off approximately 15% of its workforce, affecting 60 employees. The Israel-based cybersecurity firm is reportedly reassigning some affected workers to other roles.
- Frontdesk – Laid off its entire 200-person workforce on January 2 after failing to secure additional funding. This comes just seven months after the company acquired rival Zencity.
Conclusion
Between 2024 and early 2025, the tech industry experienced significant layoffs, with over 150,000 jobs cut across more than 500 companies in 2024 alone. Major firms like Tesla, Amazon, Google, TikTok, Snap, and Microsoft implemented substantial workforce reductions. In 2025, this trend persisted, with companies such as Hewlett Packard Enterprise announcing plans to cut 2,500 jobs to reduce operating costs. Factors contributing to these layoffs include economic challenges, restructuring efforts, and the increasing adoption of artificial intelligence and automation, leading to a reevaluation of workforce needs.
FAQS
Why are so many tech companies laying off employees in 2024 and 2025?
Many tech companies are downsizing due to economic uncertainty, overhiring during the pandemic, declining revenue, and shifts in business priorities.
Which major tech companies have announced layoffs in 2024 and 2025?
Companies like Google, Amazon, Meta, Microsoft, and Salesforce have all announced job cuts, along with several startups and mid-sized firms.
How many employees have been affected by tech layoffs in 2024 and 2025?
The total number fluctuates, but tens of thousands of employees across various tech sectors have been impacted. Updated figures can be found in layoff tracking reports.
Are layoffs happening globally or just in the U.S.?
While many layoffs are concentrated in the U.S., global offices of major tech companies have also seen reductions, particularly in Europe, India, and Canada.
What industries within tech are experiencing the most layoffs?
Sectors like artificial intelligence, cloud computing, e-commerce, and fintech have been hit hard due to market shifts and cost-cutting strategies.
What should tech workers do if they are laid off?
Affected employees should update their resumes, network within the industry, explore severance packages, and consider alternative roles in growing sectors.
Are there any tech companies still hiring despite layoffs?
Yes, some companies, especially in AI, cybersecurity, and enterprise software, continue to hire for specific roles. Startups with strong funding also offer opportunities.
How can I stay updated on the latest tech layoffs?
You can follow layoff trackers, tech news websites, LinkedIn updates, and company press releases to stay informed.
Will there be more layoffs in 2025?
It’s uncertain, but analysts predict continued workforce adjustments depending on economic conditions and company performance.
How are tech companies justifying their layoffs?
Companies cite reasons such as restructuring, cost efficiency, automation, and the need to refocus on core business strategies.
