The wave of layoffs in the technology sector continues into 2024. After substantial job reductions in 2022 and 2023, this year has witnessed over 130,000 job losses across 457 companies, as reported by the independent layoffs tracker Layoffs.fyi. Notable companies such as Tesla, Amazon, Google, TikTok, Snap, and Microsoft have implemented significant workforce reductions in the early months of 2024. Additionally, several smaller startups have experienced substantial layoffs and, in some instances, have terminated their operations entirely.
Monitoring these layoffs allows us to grasp their implications on innovation within both large corporations and smaller firms. Furthermore, it sheds light on the potential repercussions of businesses adopting AI and automation technologies for roles that were once deemed secure. This situation serves as a poignant reminder of the human consequences of job cuts and the potential risks associated with advancing innovation.
Below is an up-to-date list of all recorded layoffs in the tech sector for 2024. This list will be regularly updated. If you are aware of a layoff, please get in touch with us. If you wish to remain anonymous, you can also contact us.
- 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
Highlights
- 1 December 2024
- 2 November 2024
- 3 October 2024
- 4 September 2024
- 5 August 2024
- 6 July 2024
- 7 June 2024
- 7.1 RealPage
- 7.2 Planet
- 7.3 Moxion Power
- 7.4 eBay
- 7.5 BeReal
- 7.6 Flutterwave
- 7.7 Ginkgo Bioworks
- 7.8 Moovit
- 7.9 Wex
- 7.10 PayPal
- 7.11 Rapyd
- 7.12 C2FO
- 7.13 Chegg
- 7.14 StackPath
- 7.15 Unit
- 7.16 Loop
- 7.17 Care/of
- 7.18 Running Tide
- 7.19 Satellogic
- 7.20 ByteDance
- 7.21 VRChat
- 7.22 Paytm
- 7.23 Kissflow
- 7.24 Copia Global
- 7.25 Revel
- 7.26 Simpl
- 7.27 Oda
- 7.28 Pagaya
- 7.29 MoonPay
- 7.30 Microsoft
- 7.31 OrCam
- 7.32 Google
- 7.33 Tropic
- 8 May 2024
- 8.1 Gro Intelligence
- 8.2 Jasper Health
- 8.3 Cirium
- 8.4 Walnut
- 8.5 Fisker
- 8.6 Cue Health
- 8.7 Foursquare
- 8.8 Lucid Motors
- 8.9 TikTok
- 8.10 Pixar
- 8.11 Replit
- 8.12 SeekOut
- 8.13 Gopuff
- 8.14 Atmosphere
- 8.15 Mainvest
- 8.16 Indeed
- 8.17 Motional
- 8.18 Google
- 8.19 Vacasa
- 8.20 Brilliant
- 8.21 Enovix
- 8.22 Microsoft
- 8.23 Cue Health
- 8.24 Luminar
- 8.25 Sprinklr
- 8.26 Peloton
- 9 April 2024
- 10 March 2024
- 11 February 2024
- 12 January 2024
- 12.1 Thinx
- 12.2 Proofpoint
- 12.3 Wattpad
- 12.4 Block
- 12.5 PayPal
- 12.6 Aurora Solar
- 12.7 iRobot
- 12.8 Salesforce
- 12.9 Flexport
- 12.10 Microsoft
- 12.11 Swiggy
- 12.12 Aurora
- 12.13 eBay
- 12.14 SAP
- 12.15 Brex
- 12.16 TikTok
- 12.17 Vroom
- 12.18 Riot Games
- 12.19 Wayfair
- 12.20 YouTube
- 12.21 Google
- 12.22 Lost Boys Interactive
- 12.23 Pixar
- 12.24 Audible
- 12.25 Discord
- 12.26 Google
- 12.27 Amazon
- 12.28 Twitch
- 12.29 Treasure Financial
- 12.30 Duolingo
- 12.31 Rent the Runway
- 12.32 Unity
- 12.33 Pitch
- 12.34 BenchSci
- 12.35 Flexe
- 12.36 NuScale
- 12.37 Trigo
- 12.38 InVision
- 12.39 VideoAmp
- 12.40 Orca Security
- 12.41 Frontdesk
December 2024
Lilium
This company has ceased operations, resulting in the layoff of approximately 1,000 employees. However, there may be hope for its future as Lilium has revealed that a group of investors is set to acquire two subsidiaries, facilitating its restructuring and potential exit from insolvency.
Boston Dynamics
The firm has let go of 45 employees, which represents 5% of its total workforce. A spokesperson informed The Boston Globe that these layoffs affected “nearly every function throughout the business.”
OfferUp
The company is reducing its workforce by 22% in order to pursue expansion into new product categories. The specific number of employees affected is not yet known.
Canoo
This electric vehicle startup is initiating yet another round of layoffs, following an earlier relocation of staff to Texas aimed at avoiding bankruptcy. Over 20 employees are included in this latest round of cuts.
Foundry
The company has reduced its workforce by 27%. This includes 16% of its employees located in the United States, alongside a small group in India, totaling 74 affected workers.
Calendly
This firm has laid off 70 employees, accounting for roughly 13% of its workforce. The layoffs affected teams across engineering, customer experience, marketing, and billing.
Yahoo
The company has dismissed around 25% of its cybersecurity team, known as The Paranoids, within the last year. This decision impacted 40 to 50 employees out of a total workforce of about 200.
Bluevine
This fintech company is cutting 100 positions, impacting approximately 18% of its global workforce. This marks the second round of layoffs for the company within six months.
EasyKnock
The firm has abruptly ceased operations. This decision follows several legal challenges and an FTC consumer alert regarding controversial sale-leaseback practices.
Carousell
The company is eliminating 76 positions as part of a strategic reorganization. This reduction accounts for approximately 7% of the workforce based in Singapore.
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Total headcount.
Mixtroz
Has announced the cessation of operations by co-founders Kerry Schrader and Ashlee Ammons Halpin.
Stash
Recently reported a significant workforce reduction, laying off 40% of its approximate 220-person team during a major restructuring effort following the exit of CEO Liza Landsman in September.
Booking Holdings
Has terminated 60 employees within one of its B2B units as the organisation recalibrates its focus towards AI initiatives.
Lightspeed Commerce
Plans to lay off about 200 employees as part of a “strategic review” while considering a potential sale. Previously, the company cut 280 workers in April to realign its business strategy.
November 2024
AlphaSense
Has made 150 layoffs, affecting 8% of its workforce, in a new restructuring effort following the acquisition of Tegus in July 2024.
Ola Electric
Is reportedly downsizing by letting go of up to 500 employees to enhance profitability, which would affect over 10% of its total workforce.
Hopper
Has reduced its workforce by approximately 10%, affecting around 60-65 employees, due to a second reorganisation in the year.
Eliminated 202 employees, representing roughly 1% of its total workforce, primarily affecting engineering and customer support positions, as confirmed by spokesperson Greg Snapper.
Headspace
Will be implementing a workforce reduction of 13% and transitioning clinical therapists to part-time or contract roles to “reset” the operational structure of the startup. The exact number of impacted employees is currently unknown.
Truelayer
There have been reports of approximately 25% layoffs within the company. Sources have indicated that 71 roles were eliminated ahead of the announcement of a $50 million funding round.
AppLovin
Recently disclosed 120 layoffs through a new WARN filing, following a week after the advertising software company attained a valuation of nearly $97.7 billion.
Stoa
Has announced the closure of its operations after four years of business, as reported by CEO Raj Kunkolienkar.
AMD
Is planning to lay off 4% of its workforce to concentrate on significant growth opportunities. With around 26,000 employees as of last year, this could result in approximately 1,000 job losses.
23andMe
Is cutting 40% of its workforce, which equates to over 200 employees, as part of its restructuring initiatives. Since its public debut in 2021, 23andMe has faced a decline of over 99% in market value, exacerbated by waning interest in products and subscriptions, as well as a significant data breach in 2023 where ancestry information of 7 million users was compromised.
Chegg
Has announced the laying off of 319 employees, constituting 21% of its total workforce, amidst challenges posed by AI tools, including ChatGPT. Similar to 23andMe, Chegg has also experienced a loss of 99% of its valuation since going public in 2013.
Enphase Energy
Plans to lay off approximately 500 workers, which represents 17% of the company’s total workforce in the solar and EV charging sector. Less than a year ago, Enphase had already cut 10% of its workforce, as the organisation and others in the solar industry continue to navigate significant challenges.
Exosonic
Will cease operations after five years in the market. The supersonic aircraft startup joined Y Combinator’s Winter cohort in 2020 and successfully raised over $4.5 million.
Freshworks
Is executing layoffs of 660 employees globally, amounting to 13% of the firm’s total workforce, as the software-as-a-service provider for customer and IT service management seeks to complete its restructuring by year-end.
Akamai
The cloud computing company is undertaking workforce reductions.
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2.5% of its workforce, affecting approximately 250 employees. A similar reduction took place at the start of 2023.
The company has announced it will eliminate nearly 200 jobs in North Carolina, shortly after being acquired by Progress Software Corp.
Just Eat
The food delivery giant is cutting its workforce by 300 employees, which represents 2% of the company’s total staff.
iRobot
The company plans to lay off 105 employees, amounting to about 16% of its total workforce. This decision follows the elimination of approximately 350 jobs earlier this year after a failed Amazon acquisition valued at $1.7 billion.
The Mozilla Foundation
The organisation has laid off 30% of its employees, citing ongoing challenges and rapid changes in the industry. This marks the second round of layoffs at Mozilla this year.
Maven Clinic
The clinic has reportedly reduced its workforce by 10%, affecting about 60 employees. This action comes shortly after the company secured a $125 million Series F Round in October 2024.
Bowery Farming
The agtech company is ceasing operations. Bowery was valued at $2.3 billion back in 2021.
October 2024
Tidal
The streaming service is undergoing another series of layoffs, reportedly affecting up to 100 employees. CEO Jack Dorsey communicated via email that the company must operate “like a startup again.”
X
The platform has reportedly conducted a round of layoffs, although the exact number of employees affected remains unclear.
Coursera
The online education platform has reduced 10% of its workforce, as the company faces challenges with customer subscription renewals.
Dropbox
In a strategic shift, the company is letting go of 20% of its employees, which translates to 528 roles, as acknowledged by CEO Drew Houston.
Consensys
The company has made the difficult decision to lay off 20% of its workforce due to struggles within the Ethereum market.
F5
F5 is reducing its global workforce by nearly 2% in an effort to cut costs, which will affect approximately 100 employees.
Kyte
The company is withdrawing from almost all significant markets in the U.S., resulting in a workforce reduction of about 50% as it narrows its focus to San Francisco and New York City.
Upwork
The platform is set to reduce its workforce by 21% as part of its initiative to realise annual cost savings of $60 million.
Venminder
The company will lay off 100 employees following its acquisition by risk and vendor management firm Ncontracts.
Jellysmack
Jellysmack is implementing layoffs as part of a restructuring plan affecting 22 employees in the U.S., with additional cuts anticipated in France in the upcoming months.
CapWay
The company has shut down, as announced by founder Sheena Allen on LinkedIn. CapWay, which was backed by Y Combinator, aimed to provide financial services in areas lacking banking options.
Meta has laid off employees across various teams as part of its strategy to align resources with long-term objectives. However, details regarding specific teams affected by the layoffs were not disclosed, although it has been confirmed that Threads, recruiting, and legal teams were not spared.
Boeing
The company plans to cut 10% of its workforce, affecting approximately 17,000 employees. These reductions come after a reported loss of $9.97 per share in the third quarter, exacerbated by a persistent machinist union strike.
Stellantis
The company is laying off employees as part of its restructuring efforts.
1,100 employees in Michigan, affecting the company’s subsidiary brands Chrysler, Jeep, Ram, and Dodge.
TikTok
Is laying off hundreds of employees, primarily in Malaysia, as the platform shifts towards AI for content moderation. The company confirmed that fewer than 500 individuals have been affected.
Samsung
Is reducing its workforce in Southeast Asia and Australia to enhance “operational efficiency.” According to a spokesperson, no specific target number has been established for the positions affected, although these reductions may impact roughly 10% of employees in these regions.
Kaspersky
Is closing its UK office and laying off a significant number of staff. These cuts follow the company’s recent decision to wind down its U.S. operations.
NFX
Recently laid off four employees as the firm seeks to “rebalance” its resource allocation from software and product teams to the investing team, as stated by general partner Pete Flint.
Eaze
Is reducing its headcount by 500 employees as it begins to cease operations. In a communication to staff, CEO Cory Azzalino highlighted the “ongoing challenges within the California cannabis market” as a factor for the decision.
PubMatic
Has eliminated 1% of its overall workforce, impacting over a dozen employees, as the company shifts its focus towards connected-TV advertising.
Tome
Has let go of nearly a third of its workforce in a strategic “reset” effort. This marks the second round of layoffs for the AI-focused company in 2024.
Alma
Has cut 9% of its workforce, affecting several departments, as part of its quest for “long-term sustainability.”
Flexport
Is reducing its employee count by approximately 2%. This marks the second round of layoffs within the year, following a 20% workforce reduction that occurred in January.
FreshBooks
Has laid off 140 employees across all teams as it aims to achieve profitability, as announced by CEO Mara Reiff in a blog post.
September 2024
Shein
Has reduced its workforce by 17 employees in Singapore as it prepares for an IPO at the London Stock Exchange.
Drata
The security compliance platform has laid off 9% of its employees, affecting 40 individuals.
Moov
Reportedly laid off over 50 employees, although Moov has not officially confirmed this information.
FreightWaves
Has eliminated 16 positions in sales, HR, and marketing, citing a significant downturn in the freight market.
Northvolt
Is cutting 25% of its global workforce as part of cost-saving measures, impacting over 1,600 employees at the battery manufacturing company.
Olo
Is reducing its workforce by 9%, affecting approximately 50 employees, as it aims to support future growth initiatives.
Healthy.io
Has cut 40 positions across its operations in the U.S., the UK, and Israel. These layoffs follow an earlier reduction of 70 employees in 2023.
Reverb
Is reported to have eliminated 40 roles. This Chicago-based music gear marketplace was acquired by Etsy in 2019.
Luminar
Is reducing its staff by 30% as part of a cost-cutting initiative. The CEO Austin Russell noted that the cuts primarily involve “non-technical” roles.
Notable Labs
Is reducing its workforce by 65% including consultants and pausing a clinical trial for its cancer treatment in order to cut expenses.
CrawTrawler
Is cutting 10% of its workforce, impacting around 40 employees. Despite the layoffs, the company has indicated that new positions will follow.
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create 28 new roles as part of its new strategy.
ApplyBoard
Has reduced 4% of its total workforce during the restructuring of its operations in Ontario.
Qualcomm
Plans to dismiss 226 employees in San Diego later this year, following a California WARN notice. This action occurs less than a year after the company laid off over 1,250 workers.
Udemy
Intends to decrease its workforce in a new restructuring initiative, impacting approximately 280 employees. The company has indicated that about half of those affected might be rehired, particularly those based in lower-cost markets.
Amperity
Will eliminate 13% of its workforce. Previously, the company had already laid off 20 employees earlier this year, in addition to two other workforce reductions in 2023.
Cisco
Is set to cut its workforce by 7%, affecting approximately 5,600 employees. This follows a previous layoff round this year where 4,000 employees were impacted.
Microsoft
Plans to dismiss around 650 employees within its gaming division. This decision comes eight months after 1,900 job cuts were made following Microsoft’s acquisition of Activision Blizzard.
Nori
Has ceased its operations, citing a challenging funding environment, as announced by co-founder Alexsandra Guerra.
Bending Spoons
Will lay off 75% of WeTransfer’s workforce. Bending Spoons acquired the file transfer service in July for an undisclosed amount.
Goop
Is issuing layoffs affecting 18% of its 216-person staff as the company refocuses on its beauty and food brands while deprioritising wellness and travel segments.
Fly.io
Has reportedly laid off around 40 employees as part of a restructuring effort within the company.
Motif FoodWorks
Is reportedly closing its operations due to a lengthy litigation battle with competitor Impossible Foods.
August 2024
Character.AI
Is reported to have cut at least 5% of its staff, primarily in the marketing and recruitment departments.
Apple
Is reportedly reducing its workforce by around 100 jobs within its digital services group, potentially impacting employees in the company’s Books and News teams.
Brave
Has laid off 27 employees across various departments, which constitutes approximately 14% of the startup’s total workforce.
Scale AI
Reportedly terminated more than 1,000 remote contract workers. The company clarified that these cuts are not classified as layoffs and full-time employees were not affected.
Skip the Dishes
Plans to reduce its workforce by 100 workers in Canada and 700 for its parent company, Just Eat Takeaway.com, as announced by CEO Paul Burns.
GoPro
Will lower its total workforce by about 15% by the end of the year as part of a major restructuring, impacting around 139 workers.
Retention.com
Has laid off 40% of its staff, which equates to 15 employees, as confirmed by CEO Adam Robinson.
Loop
Is undertaking layoffs during a strategic shift in priorities, although the total number of affected employees is currently unknown.
Inuitive
Plans to reduce its workforce by 20%, affecting around 80 employees. CEO Shlomo Gadot is also stepping down from the company.
Formlabs
Confirmed the layoff of a small number of employees, with around 40 employees impacted out of a workforce of less than 750 over the past two years.
Sonos
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CEO Patrick Spence has disclosed to StartupSuperb that Sonos has reduced its workforce by 100 employees, representing 6% of the total staff. Earlier in 2023, Sonos had already decreased its workforce by 7%.
Cisco
Cisco is expected to implement further job reductions, with sources indicating a potential elimination of thousands of positions in this new round. Earlier, in February 2024, the company already laid off over 4,000 employees.
Tally
Tally has ceased operations following exhaustive attempts to secure funding. The fintech company, which once provided services to help users manage credit card debt, employed 183 people and had a peak valuation of $855 million.
Branch.io
Branch.io has reduced its team by more than 100 positions. Following the acquisition of Nova Launcher in 2022, the workforce has now been limited to just one full-time developer.
READY Robotics
READY Robotics has reportedly halted its operations, currently auctioning off its equipment. The company is working with Silicon Valley Disposition for this process.
Eventbrite
Eventbrite is set to cut approximately 100 jobs, which amounts to 11% of its overall workforce. Earlier, in February 2023, the online ticketing platform let go of 8% of its staff.
LegalZoom
LegalZoom has announced a global workforce reduction of 15% as part of a strategy to save $25 million while putting future hiring on hold.
Techstars
Techstars has decided to lay off 17% of its employees and will conclude its $80 million J.P. Morgan-sponsored programmes by the end of the year due to significant financial losses and changes in leadership.
Mobius
Mobius has announced a full shutdown of its operations, attributing its decision to financial difficulties. The manufacturer of SUVs in Kenya reportedly highlighted increased taxation as a key factor in this decision.
Infineon
Infineon is planning to cut 1,400 jobs globally, including significant layoffs at its facilities in Germany. Additionally, the company will relocate another 1,400 positions to regions with lower labour costs.
Jam City
Jam City has reduced its workforce by approximately 85 employees, representing about 10% of the video game developer and publisher’s overall staff.
Dell
According to internal communications, Dell will undertake job cuts as it transitions to a more streamlined organisation, along with the establishment of a new sales division focused on AI products and services. The exact number of affected employees has not yet been disclosed.
Intel
Intel has initiated significant layoffs this month, affecting 15,000 employees, which is 15% of its total staff. CEO Pat Gelsinger stated in an internal memo that the revenue growth has not met expectations, and the company has yet to capitalise on significant trends such as AI.
July 2024
Rad Power Bikes
Rad Power Bikes, an e-bike startup that has attracted more than $300 million in investment, has gone through five rounds of layoffs since April 2021. Recent reports suggest that the most recent layoffs in July affected an undetermined number of its approximately 394 employees.
Match Group
Match Group has discontinued its livestreaming services within its dating platforms, including Plenty of Fish and BLK, shifting its emphasis towards generative AI. This strategic change is expected to result in a 6% reduction of its overall workforce.
Bungie
Bungie has announced the layoff of 220 employees, which corresponds to approximately 17% of the studio’s total workforce. Changes will affect all levels within the organisation, including senior and executive management, as indicated by CEO Pete Parsons.
Pocket FM
Pocket FM has reportedly eliminated positions for nearly 200 writers based in the U.S., a month after forming a partnership with ElevenLabs to efficiently convert scripts into audio format using AI.
WayCool Foods
WayCool Foods has reportedly laid off…
more than 200 employees across various departments. This marks the agritech company’s third major round of layoffs within a year.
Webflow
The company has announced plans to reduce approximately 8% of its workforce as part of its strategy to enter the “next phase of growth.”
Cohere
Reports indicate layoffs affecting roughly 20 employees, which is nearly 5% of its overall staff. These reductions came right after the company disclosed a $500 million funding achievement at a $5 billion valuation.
Magic Leap
The augmented reality startup has reportedly let go about 75 employees. This restructuring involved completely cutting its sales and marketing teams.
Mercari
The Japan-based firm is set to lay off nearly half of its U.S. workforce as it faces fierce competition from rivals such as Temu.
Aqua
The cybersecurity firm is downsizing, with plans to part ways with 50 employees, representing 10% of its total workforce. Earlier this year, Aqua secured $60 million in funding, achieving a valuation of $1 billion.
EverC
The company is laying off 10% of its 165-person staff. EverC specialises in cyber intelligence software designed to combat online fraud.
Lex
This LGBTQ+ social networking platform has let go of the vast majority of its approximately eight-person team due to challenges with monetisation. Last year, Lex secured $5.6 million in seed funding, promoting co-founder Jennifer Lewis to CEO from COO.
Monarch Tractor
The company has reduced its workforce by “less than” 15% of its 250 to 300 employees following a $133 million Series C funding round, as confirmed by StartupSuperb.
Kaspersky
The cybersecurity company is set to lay off a significant number of staff and will exit the U.S. market entirely due to a government directive that prohibited the sale of its software due to security vulnerabilities.
Salesforce
In an effort to streamline its operations, Salesforce has eliminated around 300 positions across its workforce.
Intuit
The company plans to cut 1,800 jobs, representing 10% of its employees. Intuit states that over half of these layoffs were due to low performance and intends to recruit a similar number of staff members to invest in future growth.
UiPath
UiPath plans to implement a reduction of 420 jobs, which accounts for 10% of its workforce, as part of a significant restructuring initiative.
UKG
The software company has cut approximately 2,200 employees, which is nearly 14% of its workforce. This move is aimed at reallocating resources towards key areas in product innovation.
OpenText
The information management company is set to cut around 1,200 positions, nearly 2% of its total workforce, in a strategy aimed at significantly lowering expenses by 2025.
Unacademy
The edtech firm is terminating about 250 positions as part of ongoing job cuts following the reopening of schools across India post-pandemic.
Koo
The company has ceased operations after unsuccessful acquisition negotiations with Dailyhunt.
Upside Foods
The lab-grown meat company has reduced its workforce by 26 employees, as reported by CEO Uma Valeti, amidst a downturn in venture capital funding in the sector.
Sightful
The company is cutting 20 positions, which constitutes a third of its overall workforce, as it refocuses on its software development strategy.
June 2024
RealPage
The company plans to reduce approximately 4% of its workforce as part of a growth-enhancing strategy. However, it is also entangled in ongoing litigation concerning allegations of price fixing within its industry.
Planet
According to an SEC filing, Planet intends to lay off about 180 employees, making up 17% of its workforce.
Moxion Power
Moxion Power has announced layoffs affecting over 100 employees, as per a WARN filing. This news follows their recent significant office expansion in Richmond, California.
eBay
eBay is reportedly initiating layoffs in Israel as part of a global restructuring process.
BeReal
BeReal is expected to reduce its workforce significantly following its acquisition by the French gaming company, Voodoo.
Flutterwave
Flutterwave has laid off approximately 30 individuals, representing 3% of its total workforce, as it shifts its focus towards enterprise solutions.
Ginkgo Bioworks
Ginkgo Bioworks has terminated 158 positions, with additional layoffs anticipated as the company aims to cut its workforce by 25%.
Moovit
Moovit is implementing a workforce reduction of 10%, which translates to approximately 20 to 25 positions affected.
Wex
Wex has announced layoffs impacting 375 employees, accounting for 5% of its overall workforce.
PayPal
PayPal plans to eliminate up to 85 positions within its Irish operations, the company has confirmed.
Rapyd
Rapyd is reportedly laying off approximately 30 employees in Israel and is reallocating some positions to other regions to enhance cost efficiency.
C2FO
C2FO has cut 16 jobs from its supplier resource management department as part of its automation initiatives.
Chegg
Chegg is set to reduce its global workforce by 23% amidst a major restructuring effort aimed at becoming a more streamlined operation.
StackPath
StackPath is in the process of closing its operations and liquidating its assets, with the number of affected employees not yet disclosed.
Unit
Unit plans to decrease its workforce by 15% as part of its strategy to take a long-term perspective, as announced through a company blog post.
Loop
Loop is also making additional cuts, with co-CEO Carey Anne Nadeau announcing the updates via LinkedIn. The exact number of employees affected remains unclear.
Care/of
Care/of will be laying off its entire 143-strong workforce by July 3 due to a funding shortfall and will cease accepting new orders. However, the company has indicated it is exploring further options for the brand.
Running Tide
Running Tide has halted its operations and laid off its entire staff after successfully raising over $50 million since its inception in 2017.
Satellogic
Satellogic is laying off 70 employees, constituting approximately 30% of its workforce, following a previous round of layoffs that impacted 34 individuals.
ByteDance
ByteDance is executing job cuts that will affect around 450 positions in its Indonesian e-commerce division, representing 9% of the workforce in that unit.
VRChat
VRChat has eliminated around 30% of its total workforce, as confirmed by CEO Graham Gaylor.
Paytm
Paytm is reportedly conducting significant layoffs across the organisation; however, the total number of affected employees has not been disclosed.
Kissflow
Kissflow has reduced its workforce by approximately 45 jobs as part of a restructuring initiative.
Copia Global
Copia Global has laid off at least 1,060 employees following its application for administration just two weeks prior.
Revel
is reducing its workforce by over 1,000 drivers as it shifts towards a gig economy model akin to those used by Lyft and Uber.
Simpl
has reduced its workforce by 30 employees, following a previous layoff of 160 workers just a month earlier in its Bengaluru office.
Oda
has announced the elimination of 150 positions as it significantly curtails its expansion plans to concentrate on the Norwegian and Swedish markets.
Pagaya
is laying off 100 employees, which accounts for 20% of its total workforce, in an additional round of reductions.
MoonPay
is reportedly cutting around 30 staff members, equivalent to 10% of its workforce.
Microsoft
is allegedly reducing its workforce by hundreds within its Azure cloud division, though the specific number of affected employees remains unclear.
OrCam
is laying off 100 employees, a few months after previously reducing its workforce by 50 individuals.
is reportedly executing significant job cuts globally across various Cloud divisions, including teams dedicated to sustainability, consulting, and partner engineering.
Tropic
is cutting 40 positions as part of a restructuring initiative, as noted by CEO David Campbell in a LinkedIn update.
May 2024
Gro Intelligence
is closing down its operations after having laid off 60% of its workforce in March to remain viable.
Jasper Health
has significantly reduced its team, with most of the layoffs occurring in the engineering and product design departments at the cancer care platform.
Cirium
is laying off 37 technology workers at its FlightStats branch as part of a consolidation strategy to combine operations in India and the UK.
Walnut
is laying off 15 employees, representing 20% of its total workforce in Israel.
Fisker
has laid off hundreds of staff members to sustain the electric vehicle startup, with estimates indicating approximately 150 employees remain.
Cue Health
is shutting down its operations and laying off its remaining workforce. Earlier in the month, the COVID-19 testing company had already cut half of its staff to reduce expenditures.
Foursquare
has released 105 employees as part of its initiative to streamline operational processes, according to an email from CEO Gary Little.
Lucid Motors
is laying off roughly 400 employees, which is about 6% of its workforce, as part of a strategic restructuring plan ahead of the anticipated launch of its first electric SUV later this year.
TikTok
is set to implement large cuts to its global operations as well as marketing teams, with precise numbers of impacted employees still unknown.
Pixar
is expected to reduce its workforce by 14%, affecting approximately 175 employees as the company shifts focus from original Disney+ productions back to feature films.
Replit
has laid off 20% of its employees as it transitions its focus towards enterprise sales.
SeekOut
has cut roughly 30% of its total staff. The AI-powered recruiting startup was valued at over £1.2 billion as of January 2022.
Gopuff
has terminated 6% of its employees in a recent layoff as the fast-delivery startup strives for positive cash flow by the end of 2024.
Atmosphere
plans to lay off 106 employees, as indicated in a WARN notice filed in Texas.
Mainvest
has ceased its operations with the total number of affected staff currently unknown.
Indeed
is cutting about 1,000 jobs, affecting 8% of its overall workforce.
The company’s headcount, CEO Chris Hyams communicated in a letter to staff.
Motional
Has reduced its workforce by around 40%, affecting approximately 550 employees, as reported by sources at StartupSuperb. Additionally, the company’s Chief Operating Officer, Abe Ghabra, has departed.
Plans to eliminate 57 roles in San Francisco, as indicated by a WARN notice filed in California.
Vacasa
Is cutting 800 jobs, which constitutes 13% of its workforce, as part of a restructuring initiative.
Brilliant
Informed The Verge that it has laid off the majority of its team and will cease selling its smart home controllers and light switches while seeking a potential buyer.
Enovix
Has dismissed roughly 170 employees, which is about one-third of its total staff, to reduce annual operating expenses.
Microsoft
Has closed Arkane Austin, Tango Gameworks, and several other game studios as part of budget cuts at Bethesda. The exact number of employees affected remains unclear.
Cue Health
Is terminating 230 employees, approximately 49% of its workforce, in a cost-cutting measure outlined in documents submitted to the U.S. SEC.
Luminar
Plans to reduce its workforce by 20%, affecting around 140 employees, and is also letting go of the majority of its contract workers.
Sprinklr
Has laid off about 3% of its workforce, which is 116 individuals, as confirmed in a statement to StartupSuperb. This follows a previous reduction of approximately 4% of its staff over a year ago.
Peloton
Is laying off 15% of its workforce, impacting around 400 employees, as part of cost-cutting measures. The company’s CEO, Barry McCarthy, is also set to resign.
April 2024
Tesla
Has significantly reduced its charging team, as announced by CEO Elon Musk in an email to executives.
Has laid off personnel across key divisions such as Flutter, Dart, and Python. The number of affected employees remains unspecified.
Fisker
Is implementing further layoffs to preserve cash, according to an internal communication reviewed by StartupSuperb. The total number of job cuts is currently unknown.
Getir
Is terminating operations in the U.S., U.K., and Europe, which will result in at least 6,000 job losses across these markets.
Ola
Is eliminating around 180 jobs as part of a strategy to improve profitability, also letting go of its Chief Executive, Hemant Bakshi, as reported by sources at StartupSuperb.
True Anomaly
This space and defence startup has laid off nearly 30 employees, representing about 25% of its workforce, due to duplication of roles and functions throughout the company, as per exclusive information from StartupSuperb.
Expedia
Is anticipated to cut jobs in its Austin office again this year.
Nike
Has plans to eliminate 740 positions at its Oregon headquarters this summer, as indicated by a WARN Act disclosure.
Stability AI
Is reducing its workforce by 10% following the departure of former CEO Emad Mostaque.
Is continuing its employee reductions as part of ongoing cost-cutting strategies. The exact number of affected employees was unknown at the time.
Rivian
Is reducing its workforce by 1%, marking the second round of layoffs for the electric vehicle manufacturer this year.
Take-Two
Is laying off 5% of its staff, which translates to approximately 579 employees. The publisher of GTA 6 has also confirmed the cancellation of several projects currently in development.
Tome
Is eliminating about 20% of its 59 employees as part of a restructuring effort.
Tesla
Plans to cut “more than 10%” of its global workforce, according to an internal message from CEO Elon Musk. This could potentially affect over 14,000 workers worldwide as Tesla gears up for its next growth phase amid a challenging electric vehicle market.
Criteo
Is reducing its global workforce by nearly 4%, affecting up to 140 employees.
TikTok
Is laying off 250 employees located in Ireland as part of a restructuring of its Training and Quality team.
Hinge Health
Has reduced its workforce by approximately 10%, as exclusively reported by StartupSuperb, as the company prepares for an IPO and strives for profitability.
Checkr
laid off 382 employees, constituting 32% of its total workforce, as exclusively reported by StartupSuperb. The background-screening platform was valued at $5 billion in April 2022.
Bolt.Earth
The company has reportedly dismissed a significant portion of its team during a restructuring initiative. While the exact number of affected employees remains uncertain, sources indicate it may fall between 70 to 100 workers.
Apple
The tech giant is laying off 614 employees in California following the decision to discontinue its electric car initiative, as stated in a WARN notice.
Agility Robotics
The firm has dismissed a “small number” of employees to focus on commercialisation efforts company-wide.
Ghost Autonomy
The company has ceased operations. Supported by OpenAI, it previously employed approximately 100 individuals.
Whirlpool
Whirlpool is shutting down Yummly, the recipe and cooking application it acquired in 2017.
AWS
AWS will reduce hundreds of positions across various departments, including Sales, Marketing, Global Services, and its Physical Stores Technology team.
Byju’s
The educational platform is laying off approximately 500 employees, representing 3% of its total workforce, as part of a restructuring plan.
March 2024
Reliance
India’s largest conglomerate, Reliance, has revealed that it laid off over 42,000 employees in its fiscal year ending in March. This significant reduction equates to 11% of its workforce, while an additional 143,000 employees opted for “voluntary separations” during the same period.
ChowNow
Following its acquisition of the point-of-sale platform Cuboh, ChowNow has cut 20% of its staff. The company had previously laid off 100 employees in 2022.
Nintendo of America
Nis restructuring its testing department, predominantly comprising contractors. A spokesperson from Nintendo indicated that while some assignments will be terminated, this will pave the way for new full-time roles.
Dell
Dell has reduced its global workforce by approximately 6,000 jobs, as detailed in a 10-K SEC filing. This filing disclosed that the company had previously cut 13,000 jobs within the last year.
Synctera
Synctera confirmed to StartupSuperb that it has made staff reductions. Reports from Fintech Business Weekly estimate that 17 employees, or about 15% of the workforce, were affected.
ShopBack
The company is cutting 195 positions in a bid to enhance sustainability, as noted by CEO Henry Chan in a blog post. This move impacts nearly a quarter of its employees.
Airmeet
Airmeet is reported to have eliminated 20% of its total workforce in its second restructuring effort within the year.
Chipper Cash
Another wave of layoffs has affected 20 employees, as revealed by CEO Ham Serunjogi in a blog post.
Textio
Textio has reduced 16% of its staff in a strategic move focused on supporting its Textio Lift product.
Stash
The company is reportedly laying off around 25% of its workforce, which translates to approximately 80 employees, according to Axios.
Phantom Auto
Phantom Auto is shutting down due to unsuccessful funding attempts. The remote driving startup had previously reduced its staff last year and employed just over 100 people.
IBM
IBM is reportedly reducing its marketing and communications teams. The firm had earlier announced plans to replace over 8,000 jobs with AI technology.
Inscribe.ai
The company confirmed it reduced just under 40% of its workforce, representing dozens of employees.
Turnitin
The company laid off around 15 employees earlier this year, following statements from CEO Chris Caren indicating the potential for a 20% reduction in headcount due to AI advancements.
Sorare
Sorare has laid off 13% of its New York office staff as the web3 fantasy sports platform shifts its focus towards its Paris headquarters, according to sources familiar with the situation.
Melio
Melio is letting go of roughly 7% of its workforce as part of an organisational restructuring effort. The fintech unicorn last implemented layoffs in August 2022.
ONE
The company is cutting…
about 13% of its workforce, which translates to 40 employees. This marks the second round of layoffs for the battery startup within a few months.
Project Ronin
Is closing down, leading to a “permanent mass layoff” that will affect around 150 employees.
February 2024
Fisker
Plans to reduce its workforce by 15% as it faces challenges, indicating a likely lack of sufficient cash for the next year.
EA
Has announced a cut of 5% of its workforce, impacting around 670 employees, as it shifts focus from the “development of future licensed IP.”
Bumble
Is eliminating approximately 350 positions, which constitutes 30% of its total workforce.
Apple
Is planning to cut hundreds of jobs related to its autonomous electric car initiative due to the project’s discontinuation, as reported by StartupSuperb.
Sony
Will lay off 900 employees from its PlayStation division, which is about 8% of the workforce in that area. The studios Insomniac Games, Naughty Dog, Guerrilla, and Firesprite will also face layoffs.
Expedia
Is set to eliminate 1,500 roles in 2024, primarily within its Product & Technology division, representing over 8% of its workforce.
Finder
Has laid off around 60 employees, which is 17% of its workforce. This is the financial startup’s third significant round of layoffs within a year.
Rivian
Is reducing its salaried workforce by 10% as a measure to curtail expenses amidst a challenging electric vehicle market.
Meati Foods
Will reduce its workforce by 13%, aiming to establish a financially sustainable business, as stated by CEO Phil Graves to StartupSuperb.
Cisco
Has announced plans to cut 5% of its workforce, affecting more than 4,000 employees.
Toast
Plans to lay off approximately 550 workers to enhance operating expense efficiency.
Instacart
Reported that it will lay off around 250 workers as part of a restructuring initiative, as disclosed in an SEC filing.
Mozilla
Is reducing its investments in various products, leading to layoffs that will affect about 60 employees, according to information obtained by StartupSuperb.
Grammarly
Is laying off 230 employees globally as part of its strategy to focus on “the AI-enabled workplace of the future.”
Getaround
Is cutting 30% of its North American workforce in a restructuring effort.
Amazon
Is reportedly reducing jobs within its healthcare divisions, One Medical and Amazon Pharmacy. The specific number of roles affected remains unclear.
DocuSign
Announced plans to eliminate 6% of its workforce, predominantly impacting the sales and marketing divisions.
Snap
Plans to cut 10% of its workforce, affecting around 500 employees, as part of a strategy to reduce hierarchy.
Polygon Labs
Has laid off 60 employees, approximately 19% of its staff, as stated by CEO Marc Boiron in a blog announcement.
Okta
Is laying off about 400 employees, marking the second consecutive year of layoffs following a previous reduction of approximately 300 positions last year.
January 2024
Thinx
Plans to lay off 95 workers in New York City, as indicated in a filing with the New York Department of Labor.
Proofpoint
Is laying off around 6% of its global workforce, equating to 280 employees, confirmed by the company to StartupSuperb.
Wattpad
Conducted another round of layoffs earlier this month, resulting in approximately 15% of its workforce being impacted, according to a source familiar with the situation.
Block
Is reportedly laying off around 1,000 individuals across its Cash App, foundational, and Square sectors.
PayPal
Has reportedly begun a company-wide layoff initiative.
layoffs. While the exact number of individuals impacted remains uncertain, one source informed StartupSuperb that it is anticipated to be in the “thousands.”
Aurora Solar
Aurora Solar has reduced its workforce by 20%, impacting around 200 out of approximately 1,000 employees. This decision comes despite the solar sector experiencing significant growth last year.
iRobot
The company is laying off 350 employees, equating to one-third of its total workforce, following the collapse of Amazon’s acquisition bid for the makers of Roomba. Long-serving CEO Colin Angle has also stepped down from his position.
Salesforce
Salesforce is reportedly letting go of 700 workers, which represents about 1% of its total team. This follows a substantial reduction of 10% of its workforce earlier in 2023.
Flexport
Flexport is expected to cut approximately 20% of its workforce in the coming weeks. The company previously announced similar reductions last October when founder Ryan Petersen resumed duties as CEO and initiated a 20% workforce reduction.
Microsoft
Microsoft is laying off 1,900 employees within its gaming divisions post its acquisition of Activision Blizzard. Additionally, Blizzard’s president, Mike Ybarra, is stepping down from his role.
Swiggy
Swiggy is cutting around 400 positions, which constitutes 7% of its workforce, as the food delivery platform aims to enhance its financial stability ahead of a planned initial public offering later this year.
Aurora
According to insider sources, Aurora has let go of dozens of employees, officially confirming that about 3% of its workforce has been affected by these cuts.
eBay
eBay plans to reduce its workforce by 9%, affecting around 1,000 full-time staff members. In a recent blog post, the company also mentioned plans to eliminate contract roles in the months ahead.
SAP
SAP has announced its intention to offer voluntary buyouts or job transitions to 8,000 employees as part of its restructuring process.
Brex
Brex has laid off 20% of its employees, affecting 282 individuals. Co-CEO Pedro Franceschi stated in a blog post that the company is focusing on prioritising “long-term thinking and ownership over short-term gains in our compensation structure.”
TikTok
The platform has eliminated about 60 positions across the U.S., affecting locations such as Los Angeles, New York, and Austin, in addition to layoffs occurring in international markets. Reports indicate that the impacted roles are mainly within sales and advertising.
Vroom
Vroom is set to reduce its workforce by 90% as it shuts down its online used car marketplace, reallocating resources to two primary units: one focused on auto financing and the other on AI-powered analytics.
Riot Games
Riot Games is laying off 11% of its workforce, impacting approximately 530 employees, as it shifts focus to “fewer, high-impact projects.” The makers of League of Legends are also closing their five-year publishing group, Riot Forge.
Wayfair
Wayfair is eliminating 13% of its global workforce, which translates to around 1,650 employees, as part of a restructuring initiative aimed at streamlining management levels.
YouTube
YouTube will cut 100 jobs, confirmed a spokesperson to StartupSuperb, as part of its restructuring strategy within creator management and operations teams.
In a leaked memo, Google is reportedly laying off “hundreds” of employees from its advertising sales team. This announcement follows earlier extensive layoffs within its hardware teams. Additional reductions are expected throughout the year, as stated in a memo from CEO Sundar Pichai.
Lost Boys Interactive
Lost Boys Interactive reportedly let go of a “sizable” number of employees on January 12. This game development studio was acquired by Gearbox, known for its Borderlands series, in 2022.
Pixar
Pixar is preparing to lay off personnel in 2024, with reports indicating that up to 20% of its workforce, approximately 1,300 employees, could be impacted. These job cuts are linked to Disney’s ongoing efforts to reduce the studio’s output while grappling with profitability challenges in streaming.
Audible
Audible is laying off 5% of its staff, citing an “increasingly challenging landscape,” according to a leaked internal memo.
Discord
Discord is reducing its workforce by 17%, which translates to around 170 employees. In an internal memo, CEO Jason Citron attributed these cuts to the company expanding too quickly.
Google has laid off hundreds of employees within its Google Assistant division, as well as among the teams managing Pixel, Nest, and Fitbit hardware. It has been confirmed that Fitbit co-founders James Park and Eric Friedman are also leaving the company.
Amazon
Amazon is laying off “several hundred” staff members at Prime Video and MGM Studios, as indicated in a memo obtained by StartupSuperb. These reductions follow a recent 500-job cut at Amazon’s Twitch service.
Twitch
Twitch is reportedly laying off 500 employees, which accounts for 35% of its current workforce. This decision comes as the company struggles to achieve profitability amid escalating costs and community challenges. These layoffs follow additional cuts made in 2023.
Treasure Financial
Duolingo
The company confirmed a reduction of 10% of its contractor workforce at the close of 2023, as it shifts towards AI to enhance content production and translation tasks previously performed by humans.
Rent the Runway
The company plans to cut approximately 10% of its corporate positions as part of a restructuring effort, which follows Anushka Salinas’ planned departure as operating chief and president at the end of January.
Unity
Unity is set to reduce its workforce by around 25%, equating to 1,800 positions. The video game engine developer has undergone three rounds of layoffs in 2023.
Pitch
The German startup, known for its collaborative presentation software, has eliminated two-thirds of its employees while pursuing a new strategic direction. CEO and co-founder Christian Reber has also announced his resignation.
BenchSci
BenchSci has reportedly laid off 17% of its workforce on January 8, citing changes in the economic landscape, as mentioned in a LinkedIn post announcing the layoffs.
Flexe
On January 8, Flexe reduced its workforce by 38%, marking a follow-up to earlier layoffs conducted in September 2023, as the online retail logistics firm adjusts its business strategy.
NuScale
NuScale announced on January 8 that it will be letting go of 28% of its employees, which equates to 154 workers, as it focuses on essential strategic areas for growth.
Trigo
Trigo is reportedly laying off 15% of its workforce, which primarily focuses on computer vision solutions for retailers.
InVision
InVision is planning to close its doors at the end of 2024 after 12 years of operation. The design collaboration platform was previously valued at nearly £2 billion.
VideoAmp
The company is reducing its workforce by nearly 20% as it strives to remain competitive with Nielsen in media measurement. Additionally, CEO Ross McCray has stepped down from his position.
Orca Security
Orca Security is set to lay off around 15% of its workforce, which amounts to 60 employees. The unicorn based in Israel is reportedly considering transferring some affected personnel to other roles within the organisation.
Frontdesk
Frontdesk laid off its entire 200-person workforce on January 2 following unsuccessful efforts to secure additional capital. This significant layoff occurred just seven months after the startup acquired its rival, Zencity.





