Navigating the Waves: A Look at Tech Layoffs in 2024 and 2025

currently uncertain how many of the accounting startup’s 600 employees will be rehired.

Lilium

Has ceased operations and dismissed approximately 1,000 employees. However, the company has a potential lifeline as it has revealed that a group of investors have agreed to buy two subsidiaries, enabling it to restructure and emerge from insolvency.

Boston Dynamics

Recently laid off 45 employees, equivalent to 5% of its total staff. A representative informed The Boston Globe that nearly all areas of the company were affected by the layoffs.

OfferUp

Is reducing its workforce by 22% as it seeks to diversify into new product categories. The exact number of employees impacted remains unclear.

Canoo

Is undergoing another round of layoffs just two months after relocating staff to Texas in an effort to avoid bankruptcy. Over 20 employees are affected by these job cuts.

Foundry

Has reduced its workforce by 27%. The cuts included 16% of its employees based in the United States, along with a small team in India, totalling 74 workers affected.

Calendly

Has let go of 70 employees, which accounts for approximately 13% of its workforce. The layoffs impacted various teams, including engineering, customer experience, marketing, and billing.

Yahoo

Has laid off about 25% of its cybersecurity team, known as The Paranoids, over the past year. Reports indicate that 40 to 50 employees were impacted from a total team size of 200.

Bluevine

Is reducing its workforce by 100 employees, impacting about 18% of its global workforce. This represents the second layoff round the fintech company has experienced within a six-month period.

EasyKnock

Has suddenly ceased operations. This development follows multiple lawsuits against the property technology company and an FTC consumer alert concerning controversial sale-leaseback arrangements.

Carousell

Is eliminating 76 positions as part of a restructuring process. These cuts constitute approximately 7% of the company’s total workforce based in Singapore.

Mixtroz

Is closing its operations, as announced by co-founders Kerry Schrader and Ashlee Ammons Halpin.

Stash

Has reportedly laid off 40% of its workforce, which consists of around 220 employees, due to a significant restructuring following CEO Liza Landsman’s departure in September.

Booking Holdings

Has dismissed 60 employees from one of its B2B divisions as the organisation refocuses on artificial intelligence initiatives.

Lightspeed Commerce

Plans to lay off approximately 200 employees as part of a “strategic review” of its operations while assessing potential sale opportunities. The company previously reduced its workforce by 280 in April during a restructuring initiative.

November 2024

AlphaSense

Has cut 150 jobs, affecting 8% of its workforce, as part of a restructuring process following its acquisition of Tegus in July 2024.

Ola Electric

Is reportedly planning to let go of up to 500 employees to improve profitability, impacting over 10% of its overall workforce.

Hopper

Has reduced its workforce by roughly 10%, affecting 60-65 employees, during another organisational restructuring.

LinkedIn

Has eliminated 202 positions, which is about 1% of its total workforce. The layoffs primarily affected engineering and customer support roles, as confirmed by spokesperson Greg Snapper.

Headspace

Is restructuring its operations.

reduced its workforce by 13% and transitioned its clinical therapist staff to part-time or contract roles as part of a strategy to “reset” the startup. The exact number of affected employees remains unclear.

Truelayer

Reportedly, approximately a quarter of its staff was let go. Sources informed City AM that the former unicorn startup eliminated 71 positions prior to revealing a $50 million funding round.

AppLovin

Announced the dismissal of 120 employees in a new WARN filing. This announcement followed a week after the advertising software company achieved a $97.7 billion valuation.

Stoa

Has ceased its operations after four years of activity, as announced by CEO Raj Kunkolienkar on LinkedIn.

AMD

Is reducing its workforce by 4% to concentrate on “significant growth opportunities.” AMD had approximately 26,000 employees last year, implying that around 1,000 workers may be affected.

23andMe

Is cutting 40% of its staff, impacting over 200 employees as part of a restructuring initiative. Since its public debut in 2021, 23andMe has seen a decline of more than 99% in its value, driven by reduced interest in its offerings, subscription losses, and a data breach in 2023 that compromised the ancestry data of 7 million users.

Chegg

Is laying off 319 employees, which represents 21% of its total workforce, as the company struggles to compete against ChatGPT and other AI solutions. Similar to 23andMe, Chegg has lost 99% of its market valuation since becoming public in 2013.

Enphase Energy

Is dismissing approximately 500 workers, which constitutes 17% of the company’s entire workforce. This action follows a previous cut of 10% less than a year ago, highlighting ongoing challenges faced by the solar and electric vehicle charging sectors.

Exosonic

Is concluding operations after five years in the market. In 2020, this supersonic aircraft innovator participated in Y Combinator’s Winter cohort, securing over $4.5 million in funding.

Freshworks

Is laying off 660 employees globally, making up 13% of its total workforce. This restructuring aims to be completed by year-end within the software-as-a-service domain focused on customer and IT service management.

Akamai

The cloud computing enterprise is reducing its workforce by 2.5%, affecting roughly 250 employees. A similar workforce reduction occurred earlier in 2023.

ShareFile

Announced plans to eliminate nearly 200 positions in North Carolina, following its acquisition by Progress Software Corp.

Just Eat

Is reducing its workforce by 300 employees, which is about 2% of the food delivery firm’s total staff.

iRobot

Is letting go of 105 employees — approximately 16% of the workforce. This decision follows the elimination of about 350 jobs earlier in the year after Amazon’s $1.7 billion acquisition attempt fell through.

The Mozilla Foundation

Has laid off 30% of its staff amid what the organization describes as a “constant wave of change.” This marks the second round of layoffs for Mozilla in the current year.

Maven Clinic

Reportedly reduced 10% of its workforce, affecting around 60 employees. In October 2024, the firm disclosed a $125 million Series F funding round.

Bowery Farming

Is ceasing operations. The agtech enterprise had a valuation of $2.3 billion in 2021.

October 2024

Tidal

Is initiating another round of layoffs, reportedly affecting up to 100 employees. CEO Jack Dorsey informed employees in an email that the company should return to operating “like a startup once again.”

X

Is rumoured to have conducted a round of layoffs. The specific number of impacted employees is not currently known.

Coursera

Cut 10% of its staff, also indicating there were significant layoffs happening across the organisation.

of its total workforce as the education provider faces challenges with subscription renewals.

Dropbox

is reducing its workforce by 20% during what the CEO Drew Houston describes as a “transitional period.” This cut will affect 528 staff members.

Consensys

has terminated 20% of its workforce due to challenges within the Ethereum market.

F5

is downsizing its global workforce by nearly 2%, which translates to approximately 100 employees, as part of a cost-reduction strategy.

Kyte

is exiting nearly all major U.S. markets, resulting in a workforce reduction of about 50%. The company is now focusing solely on operations in San Francisco and New York City.

Upwork

is cutting 21% of its workforce, aiming for $60 million in annual cost savings.

Venminder

plans to lay off 100 employees following its acquisition by risk and vendor management firm Ncontracts.

Jellysmack

is undergoing a restructuring that will see 22 employees in the U.S. being let go. Further cuts are also expected to affect staff in France in the upcoming months.

CapWay

has ceased operations, as announced by founder Sheena Allen on LinkedIn. The Y Combinator-supported fintech aimed to provide financial services to communities with limited banking access.

Employees from various teams at Meta have been dismissed as the company seeks to “realign resources with long-term strategic objectives,” according to an email shared with StartupSuperb. The company did not specify the extent or the exact teams that will be affected, although it confirmed that Threads, recruiting, and legal teams would also not be spared.

Boeing

is set to reduce 10% of its workforce, affecting an estimated 17,000 employees. This decision follows a loss of $9.97 per share in Q3 amid a prolonged strike by machinist unions.

Stellantis

is proceeding with layoffs of 1,100 employees in Michigan, which will impact its subsidiary brands, including Chrysler, Jeep, Ram, and Dodge.

TikTok

is laying off hundreds of employees, primarily in Malaysia, as the social media platform shifts towards AI for content moderation. Reports indicate that less than 500 staff members have been affected.

Samsung

is cutting jobs in Southeast Asia and Australia to enhance operational efficiency. A spokesperson informed StartupSuperb that no specific target for job reductions has been set, but cuts could potentially impact around 10% of the workforce in those regions.

Kaspersky

is closing its UK office, resulting in the loss of dozens of jobs, as reported by StartupSuperb. This decision follows shortly after the company began shutting down its operations in the U.S.

NFX

has reduced its workforce by four employees as part of a plan to “rebalance” its resources from software and product teams to its investing team, according to general partner Pete Flint who updated StartupSuperb.

Eaze

is laying off 500 employees as it commences a phase-out of its operations. The CEO, Cory Azzalino, cited “ongoing challenges in the California cannabis market” as a primary reason for the closure.

PubMatic

has eliminated 1% of its workforce, affecting more than a dozen employees, as it shifts focus to connected-TV advertising.

Tome

has laid off nearly a third of its workforce as part of a “reset” plan for the company, marking the second round of layoffs for the AI startup within 2024.

Alma

has laid off 9% of its workforce, impacting various departments as it strives for “long-term sustainability.”

Flexport

is implementing a workforce reduction of approximately 2%. This marks the second instance of layoffs for Flexport this year, following a 20% staff reduction earlier in January.

FreshBooks

has let go of 140 employees across various teams as it aims for profitability, as stated by CEO Mara Reiff in a blog entry.

September 2024

Shein

The company has made the difficult decision to lay off 17 employees in Singapore as it gears up for its Initial Public Offering (IPO) at the London Stock Exchange.

Drata

This security compliance platform has announced a workforce reduction of 9%, leading to the layoff of 40 employees.

Moov

It has been reported that the company has laid off over 50 employees, although Moov has not yet provided confirmation regarding these layoffs.

FreightWaves

The firm has eliminated 16 positions across sales, HR, and marketing as a result of a significant decline in the freight market.

Northvolt

In a cost-saving measure, the company is reducing 25% of its global workforce, which equates to more than 1,600 employees being affected.

Olo

The company is reducing its workforce by 9%, which will affect approximately 50 employees, to facilitate funding for future growth initiatives.

Healthy.io

The health technology firm has laid off 40 employees across its operations in the U.S., the UK, and Israel. This follows a prior reduction of 70 employees in 2023.

Reverb

Reports indicate that the company has eliminated 40 positions. Reverb, a Chicago-based music gear marketplace, was acquired by Etsy in 2019.

Luminar

The firm is cutting its workforce by 30% as part of a new cost-cutting strategy. The majority of the reductions will affect “non-technical” positions, as noted by CEO Austin Russell in a blog post.

Notable Labs

The company is laying off 65% of its workforce and consultants and is pausing a clinical trial for its cancer treatment to reduce expenses.

CrawTrawler

The company is cutting 10% of its workforce, affecting around 40 employees. However, it has indicated that 28 new roles will be created as part of its revised strategy.

ApplyBoard

The company has reduced 4% of its total workforce as it undertakes a restructuring of its operations in Ontario.

Qualcomm

The chipmaker is expected to lay off 226 employees in San Diego later this year, as indicated by a California WARN notice. This decision follows a previous round of cuts last year that affected over 1,250 workers.

Udemy

As part of a new restructuring effort, the company will reduce its workforce, affecting approximately 280 employees. It has been stated that half of those impacted may be rehired, especially if they are from lower-cost markets.

Amperity

The company will lay off 13% of its workforce. Earlier this year, Amperity had already reduced its staffing by 20 employees along with two other workforce reductions in 2023.

Cisco

The company is reducing its workforce by 7%, which will impact approximately 5,600 employees. This reduction follows an earlier layoff round earlier this year, during which 4,000 employees were affected.

Microsoft

The organisation is expected to lay off around 650 employees within its gaming division. This decision comes in the wake of 1,900 job cuts experienced by the division eight months ago following Microsoft’s acquisition of Activision Blizzard.

Nori

The company has ceased operations, attributing this to a challenging funding landscape, as co-founder Alexsandra Guerra detailed on LinkedIn.

Bending Spoons

It is reported that the firm will reduce 75% of WeTransfer’s workforce. Bending Spoons completed its acquisition of the file transfer service in July for an undisclosed amount.

Goop

The company is laying off 18% of its staff of 216 as it refocuses its strategy towards beauty and food products while deprioritising areas like wellness and travel.

Fly.io

Reports indicate that the company has laid off approximately 40 employees as part of a restructuring initiative.

Motif FoodWorks

It has been reported that the company is ceasing operations following a significant restructuring.

lengthy legal dispute with the rival Impossible Foods.

August 2024

Character.AI

Recently decreased its workforce by at least 5% in the marketing and recruitment sectors.

Apple

Is reportedly reducing approximately 100 positions in its digital services division, potentially affecting employees within the Books and News groups.

Brave

Has let go of 27 employees across various departments, as reported by StartupSuperb. This equates to about 14% of the total workforce of the web browser and search startup.

Scale AI

Allegedly dismissed over 1,000 remote contract workers. The firm has not classified these reductions as layoffs, stating that full-time employees remain unaffected.

Skip the Dishes

Plans to eliminate 100 roles in Canada and 700 under its parent company, Just Eat Takeaway.com, as announced by CEO Paul Burns on LinkedIn.

GoPro

Is set to reduce its overall workforce by approximately 15% by the year’s end as part of a significant restructuring process, affecting around 139 positions.

Retention.com

Laid off 40% of its staff, impacting 15 employees, as communicated by CEO Adam Robinson on LinkedIn.

Loop

Is undergoing layoffs as it shifts its strategic direction. The specific number of affected employees remains undisclosed.

Inuitive

Is reducing its workforce by 20%, resulting in around 80 job losses. Inuitive CEO Shlomo Gadot is also set to depart from the organisation.

Formlabs

Has confirmed it laid off a “small number” of employees, impacting 40 out of its workforce of fewer than 750 employees, as solely stated to StartupSuperb.

Sonos

CEO Patrick Spence verified with StartupSuperb that the company reduced its staff by 100 in a recent layoff, which represents 6% of Sonos’ total workforce. Previously, Sonos had cut 7% of its workforce in 2023.

Cisco

Is expected to eliminate thousands of positions in another layoff wave this year. Earlier, the company dismissed over 4,000 employees in February 2024.

Tally

Has ceased its operations “after evaluating all possible avenues” prior to depleting its funds. Previously, the fintech assisted users in managing and paying off their credit card obligations; it had 183 employees and was last valued at $855 million.

Branch.io

Has terminated over 100 positions. Nova Launcher, acquired by Branch in 2022, indicated the cuts decreased its team to a single full-time developer.

READY Robotics

Has officially halted its operations. The company is currently auctioning its equipment through the Silicon Valley Disposition.

Eventbrite

Plans to reduce its workforce by around 100 employees, amounting to 11% of its total staff. The online ticketing platform previously laid off 8% of its workforce in February 2023.

LegalZoom

Has announced plans to cut its global workforce by 15% and pause future recruitment efforts to save $25 million.

Techstars

Will be laying off 17% of its personnel and discontinuing its $80 million J.P. Morgan-backed programmes by year-end due to a challenging period marked by financial losses and leadership changes.

Mobius

Is expected to completely cease operations.

The operations have been shut down by the Kenya-based SUV manufacturer, which reportedly pointed to tax increases as a significant factor influencing this decision.

Infineon

Infineon is set to reduce its global workforce by 1,400 jobs, with a substantial number of these positions being at its German facility. The firm will also be transferring around 1,400 staff members to nations where labour costs are lower.

Jam City

Jam City has terminated approximately 85 employees, which constitutes a 10% reduction in the total workforce of this video game development and publishing company.

Dell

Dell will initiate a round of layoffs as part of an internal restructuring aimed at creating a more streamlined organisation. The specific number of employees affected has yet to be disclosed.

Intel

Intel commenced the month with significant job cuts, impacting 15,000 employees, which equates to 15% of its overall workforce. In a memo regarding the layoffs, it was stated that the company’s revenues have not met expectations, and there has yet to be a full advantage taken of lucrative trends like AI.

July 2024

Rad Power Bikes

The e-bike startup, which has raised over $300 million from backers, has experienced five rounds of layoffs since April 2021. StartupSuperb has reported that Rad Power’s most recent round of layoffs occurred in July, affecting an undisclosed number of the firm’s approximately 394 employees.

Match Group

Match Group has ceased its livestreaming services across its dating applications, including Plenty of Fish and BLK, as the company pivots towards generative AI. This strategic shift will lead to a 6% decrease in its total workforce.

Bungie

Bungie will be reducing its workforce by 220 employees, which is about 17% of the entire game studio’s staff. The CEO announced that the restructuring will affect all tiers of the company, including senior and executive positions.

Pocket FM

Pocket FM has reportedly dismissed almost 200 writers in the United States, a month after partnering with ElevenLabs to expedite the transformation of scripts into audio content via AI technology.

WayCool Foods

WayCool Foods has reportedly let go of over 200 workers across various sectors. This marks the agritech firm’s third major layoff cycle within the last year.

Webflow

Webflow has announced plans to cut roughly 8% of its workforce as the company prepares for its next growth phase.

Cohere

Cohere is reportedly laying off approximately 20 employees, which is nearly 5% of its workforce. These layoffs occurred right after the company announced $500 million in funding, achieving a valuation of $5 billion.

Magic Leap

Magic Leap has reportedly eliminated about 75 jobs. The reductions included the complete dissolution of its sales and marketing teams.

Mercari

Mercari has reportedly reduced its workforce by nearly 50% in the United States as the Japan-based company finds it increasingly difficult to compete against other e-commerce players such as Temu.

Aqua

Aqua intends to lay off 50 employees, making up 10% of its total workforce. Earlier this year, the cybersecurity firm secured $60 million in funding, achieving unicorn status with a valuation of $1 billion.

EverC

EverC is reportedly cutting 10% of its 165-strong workforce. The company focuses on developing cyber intelligence software designed to combat online fraud.

Lex

Lex has dismissed the majority of its roughly eight-person team due to difficulties in monetising its product. The previous year, Lex secured $5.6 million in seed funding, promoting co-founder Jennifer Lewis to CEO from COO.

Monarch Tractor

Monarch Tractor has downsized by “less than” 15% of its workforce, which comprises between 250 to 300 personnel, as part of a necessary realignment following a Series C funding round that raised $133 million, as reported by StartupSuperb.

Kaspersky

Kaspersky is planning to lay off numerous employees and will fully exit the U.S. market in response to a government directive that banned the sale of its software due to security concerns.

Salesforce

Salesforce has eliminated approximately 300 positions as part of a broader initiative to reduce expenses and streamline operations.

its operations.

Intuit

Will implement a reduction of 1,800 positions, affecting 10% of its total workforce. The organisation has disclosed that more than half of these reductions were due to underperformance, while it plans to recruit a similar number of new employees rather than merely executing cost cuts.

UiPath

Aims to eliminate 420 jobs, representing 10% of its workforce, as part of a significant restructuring initiative.

UKG

Has laid off an estimated 2,200 employees, equating to nearly 14% of its workforce, as the software company seeks to reallocate resources into “core areas for product innovation.”

OpenText​​

Plans to reduce its workforce by about 1,200 positions, which is nearly 2% of its total staff, as the information management company intends to substantially cut its costs by 2025.

Unacademy

Has announced the layoffs of around 250 staff members, marking a continuation of job cuts following the reopening of schools in India after the pandemic lockdowns.

Koo

Has halted its operations after acquisition discussions with Dailyhunt proved unsuccessful.

Upside Foods

Has reduced its workforce by 26 employees, as noted by CEO Uma Valeti in a communication to the team, amidst a downturn in venture capital funding for the lab-grown meat sector.

Sightful

Is cutting 20 positions, amounting to one third of its total headcount, as the company shifts its emphasis towards software development.

June 2024

RealPage

Will implement approximately a 4% reduction in its workforce as part of a strategy to enhance growth, even as it grapples with a consolidated lawsuit alleging price-fixing practices within its industry allegedly engaged in by various entities in its field.

Planet

Plans to lay off about 180 employees, making up 17% of its workforce, as reported in an SEC filing, marking its second recent round of job cuts.

Moxion Power

Is reducing its workforce by over 100 employees, as noted in a WARN filing. This decision follows a substantial office expansion in Richmond, California.

eBay

Is currently implementing layoffs in Israel amid a global restructuring process.

BeReal

Is reportedly reducing a significant portion of its workforce following its acquisition by the French gaming firm Voodoo.

Flutterwave

Has laid off approximately 30 individuals, which constitutes 3% of its workforce, as it refocuses its business strategy towards enterprise operations.

Ginkgo Bioworks

Has terminated 158 employees, with additional layoffs anticipated as the company strives to reduce its workforce by 25% in total.

Moovit

Is planning to reduce 10% of its workforce, affecting approximately 20 to 25 positions.

Wex

Is laying off 375 employees, representing 5% of its workforce.

PayPal

Plans to cut up to 85 positions in Ireland, as announced by the company.

Rapyd

Is reportedly laying off about 30 employees in Israel and plans to relocate positions to different areas as part of cost-cutting measures.

C2FO

Laid off 16 employees in its supplier resource management department, shifting its focus towards automation.

Chegg

Is reducing its global workforce by 23% as part of a major restructuring initiative aimed at creating a “more streamlined” operation.

StackPath

Is winding down operations and liquidating assets, with the exact number of affected employees not currently disclosed.

Unit

Is

reducing its workforce by 15% as the organisation strives to “consider longer-term perspectives,” as detailed in a recent blog post.

Loop

Is implementing additional reductions, as noted by co-CEO Carey Anne Nadeau on LinkedIn. The exact number of affected employees remains unclear.

Care/of

Plans to lay off its 143 employees by July 3 due to a “loss of funding,” and will cease to accept new orders. However, the company has not fully closed, stating to StartupSuperb: “We are actively seeking options for the brand but currently have no definitive updates to provide.”

Running Tide

Has halted its operations and dismissed its remaining workforce after raising over $50 million since its inception in 2017.

Satellogic

Is laying off 70 employees, which represents roughly 30% of its workforce, just three weeks after previously cutting 34 employees.

ByteDance

Is reducing approximately 450 jobs within its Indonesian e-commerce division, making up 9% of that sector.

VRChat

Has reduced its workforce by around 30%, as confirmed by CEO Graham Gaylor in a statement.

Paytm

Is reportedly conducting extensive layoffs across the organisation. The specific number of affected employees is not yet known.

Kissflow

Has eliminated about 45 jobs as part of a restructuring initiative.

Copia Global

Has laid off at least 1,060 employees just two weeks after the startup filed for administration.

Revel

Is reducing the number of its drivers to over 1,000 as it adopts a gig worker model similar to those used by Lyft and Uber.

Simpl

Has dismissed 30 employees just a month after the Bengaluru-based firm laid off 160 staff members.

Oda

Has confirmed the elimination of 150 jobs as it significantly reduces its expansion goals to concentrate on its operations in Norway and Sweden.

Pagaya

Is laying off 100 employees, which equates to 20% of its workforce, in yet another round of layoffs.

MoonPay

Is reportedly laying off 10% of its workforce, which translates to around 30 people.

Microsoft

Is reportedly reducing its number of employees in its Azure cloud division, though the exact count of affected individuals is not yet specified.

OrCam

Is laying off 100 employees, following a previous reduction of 50 workers months prior.

Google

Is reportedly making significant global cuts across many of its Cloud teams, including those focusing on sustainability, consultation, and partner engineering.

Tropic

Is eliminating 40 positions as part of a restructuring strategy, as shared by CEO David Campbell in a post on LinkedIn.

May 2024

Gro Intelligence

Is shutting down its services following a 60% reduction in its workforce back in March as part of efforts to remain viable.

Jasper Health

Has substantially reduced its team, according to information received by StartupSuperb. The engineering and product design departments have faced the most extensive cuts at the cancer care platform startup.

Cirium

Is laying off 37 tech staff at FlightStats, the flight tracking company it acquired in 2016, in a move to consolidate operations in India and the U.K.

Walnut

Is cutting 15 employees in a recent wave of layoffs, affecting…“`html

20% of the Israeli startup’s total workforce.

Fisker

Has reduced its workforce significantly in an effort to sustain the electric vehicle startup. According to exclusive information from both a current and a former employee, approximately 150 individuals are still employed at the company.

Cue Health

Is ceasing its operations and terminating the remainder of its staff. Earlier this month, the COVID-19 testing firm dismissed half of its employees to reduce expenses.

Foursquare

Has released 105 employees as part of its initiative to “optimise” operations, as indicated by an email sent to the staff from the current CEO, Gary Little.

Lucid Motors

Is implementing layoffs affecting around 400 employees, which represents approximately 6% of its workforce, as part of a reorganisation process prior to the launch of its inaugural electric SUV this year.

TikTok

Will reportedly execute significant reductions in its global operations and marketing divisions. The exact number of employees affected remains undisclosed.

Pixar

Is expected to cut 14% of its workforce, which translates to approximately 175 employees, as the company shifts focus from original content for Disney+ back towards film production.

Replit

Dismissed 20% of its workforce as it pivots to enterprise sales.

SeekOut

Reduced its total workforce by approximately 30%. This recruiting startup, which utilises AI to locate candidates, was last valued at over $1.2 billion in January 2022.

Gopuff

Has cut 6% of its workforce in another layoff round as the rapid delivery startup aims to achieve cash-flow positivity by the end of 2024.

Atmosphere

Intends to lay off 106 employees, as indicated in a WARN notice submitted in Texas.

Mainvest

Has terminated its operations. The number of employees affected is not yet disclosed.

Indeed

Is reducing its workforce by approximately 1,000 positions, impacting 8% of the company’s total headcount, as noted in a communication by CEO Chris Hyams.

Motional

Laid off around 40% of its workforce, affecting about 550 employees, according to sources. The company’s Chief Operating Officer, Abe Ghabra, has departed as well.

Google

Plans to eliminate 57 positions in San Francisco, based on a WARN notice filed in California.

Vacasa

Is reducing its workforce by 800 employees, making up 13% of its total staff, as part of a restructuring strategy.

Brilliant

Informed The Verge that it has dismantled most of its workforce and will cease selling its smart home controllers and light switches while searching for a buyer.

Enovix

Laid off approximately 170 employees, which accounts for about a third of its total workforce, as part of a strategy to reduce annual operating expenditures.

Microsoft

Closed Arkane Austin, Tango Gameworks, and several other game studios in a series of cutbacks at Bethesda. The extent of the impact on employees is currently unclear.

Cue Health

Is dismissing 230 employees, approximately 49% of its total workforce, as part of cost-cutting measures outlined in documents submitted to the U.S. SEC.

Luminar

Is reducing its workforce by 20%. This will impact around 140 employees, and the company is also ending contracts with “the majority” of its contract workers.

Sprinklr

Has laid off about 3% of its workforce, which includes 116 employees, as confirmed by the company to StartupSuperb. This comes over a year after a previous reduction of about 4% of its employee base.

Peloton

Is planning to lay off 15% of its staff, affecting approximately 400 employees, as part of its efforts to reduce expenses. The company’s CEO, Barry McCarthy, is also resigning.

April 2024

Tesla

Has significantly downsized its charging team in a fresh round of layoffs, as announced by CEO Elon Musk in an overnight email to executives.

Google

Has reduced staff across essential teams such as Flutter, Dart, and Python. The total number of employees affected has not been clarified.

Fisker

Is initiating further layoffs to “conserve cash,” as noted in an internal email reviewed by StartupSuperb. The precise number of cuts has not yet been revealed.

Getir

Is ceasing operations in the U.S., the U.K., and Europe, with significant impacts on its workforce.

“`

At least 6,000 jobs have been affected across the impacted markets.

Ola

The company is downsizing by approximately 180 positions as part of a drive towards profitability. Furthermore, the chief executive Hemant Bakshi has been dismissed, as reported by StartupSuperb.

True Anomaly

The space and defence startup has terminated nearly 30 employees, which constitutes around 25% of its workforce, due to the consolidation of roles and responsibilities, according to exclusive information from StartupSuperb.

Expedia

The company is poised to reduce its workforce at the Austin office for the second instance this year.

Nike

The company plans to let go of 740 employees at its Oregon headquarters this summer, as indicated in a WARN Act notification.

Stability AI

The company is reducing its workforce by 10% in the wake of the departure of former CEO Emad Mostaque.

Google

The company is laying off employees as part of ongoing cost-cutting strategies. The precise number of employees affected was not disclosed at that time.

Rivian

The company is shrinking its overall workforce by 1%. This represents the second wave of layoffs for the electric vehicle manufacturer this year.

Take-Two

The company is dismissing 5% of its workforce, which affects approximately 579 employees. The publisher of GTA 6 also disclosed the cancellation of “several ongoing projects.”

Tome

The company is eliminating about 20% of its 59 employees as part of a restructuring initiative.

Tesla

The company is executing cuts affecting “more than 10%” of its global workforce, based on an internal communication from CEO Elon Musk. This could potentially impact in excess of 14,000 employees globally, as Tesla gears up “for the next phase of growth” in a challenging electric vehicle market.

Criteo

The company is reducing its global workforce by nearly 4%, affecting up to 140 employees.

TikTok

The platform is laying off 250 employees based in Ireland as part of the restructuring of its Training and Quality team.

Hinge Health

The company has trimmed approximately 10% of its workforce, as revealed exclusively to StartupSuperb, in preparation for an IPO and to achieve profitability.

Checkr

The company has let go of 382 employees, which represents 32% of its total workforce, as reported exclusively by StartupSuperb. The background-screening platform was last valued at $5 billion in April 2022.

Bolt.Earth

The company reportedly terminated a significant portion of its staff in a restructuring process. The exact number of employees impacted is currently unverified, but sources indicated it could be “between 70-100” workers.

Apple

The company is laying off 614 employees in California after the discontinuation of its electric car project, according to a WARN notice.

Agility Robotics

The company has terminated a “small number” of employees as part of a company-wide initiative focused on commercialisation efforts.

Ghost Autonomy

The company has ceased operations. Previously, it was backed by OpenAI and employed around 100 individuals.

Whirlpool

The company is shutting down Yummly, the recipe and cooking application acquired in 2017.

AWS

The company will eliminate hundreds of jobs across Sales, Marketing, Global Services, and its Physical Stores Technology division.

Byju’s

The company is laying off around 500 employees, which constitutes 3% of its total workforce, as part of a restructuring process.

March 2024

Reliance

Reliance, India’s largest conglomerate, announced the departure of over 42,000 personnel during its fiscal year ending in March. This significant number represented 11% of its total workforce, while an additional 143,000 employees opted for “voluntary separations” during the same period.

ChowNow

The company has eliminated 20% of its workforce following its acquisition of the point-of-sale platform Cuboh. Previously, it dismissed 100 individuals in 2022.

Nintendo of America

The company is reorganising its testing department, which primarily consists of contractors. A spokesperson from Nintendo informed Kotaku that these adjustments would conclude certain assignments but would also result in the creation of new full-time positions.

Dell

The company has diminished its global workforce by approximately 6,000 positions, according to a 10-K SEC filing. This document indicates the company has cut 13,000 jobs in the past year.

Synctera

The company has confirmed workforce reductions, as reported by StartupSuperb. According to Fintech Business Weekly, approximately 17 employees, representing around 15% of the company’s staff, were affected.

ShopBack

The firm is downsizing by eliminating 195 positions to enhance sustainability, as detailed in a blog post by CEO Henry Chan. This decision impacts nearly 25% of the workforce.

Airmeet

The company has reportedly reduced its workforce by 20%, marking the second major restructuring within the year.

Chipper Cash

The company has conducted another round of layoffs, impacting 20 employees, as announced by CEO Ham Serunjogi in a blog post.

Textio

The organisation has reportedly reduced its staff by 16%, a strategic decision intended to support its Textio Lift product.

Stash

The company is said to be laying off approximately 25% of its workforce, affecting around 80 individuals according to Axios.

Phantom Auto

The remote driving startup is closing its operations after failing to secure new funding, as revealed by StartupSuperb. The company previously downsized staff last year and employed just over 100 individuals.

IBM

The company is reportedly cutting jobs within its marketing and communications team. Previously, IBM announced intentions to replace over 8,000 positions with AI technology.

Inscribe.ai

The company has cut just under 40% of its workforce, involving dozens of employees, as confirmed to StartupSuperb.

Turnitin

The company laid off approximately 15 employees earlier this year. CEO Chris Caren indicated that the business would be able to achieve a reduction of 20% in headcount through the use of AI.

Sorare

The firm has eliminated 13% of its staff based in New York, as the web3 fantasy sports platform shifts its focus toward its Paris headquarters, according to a source familiar with the situation.

Melio

The company is reducing its workforce by roughly 7% as part of a broader organisational restructuring, having last conducted layoffs in August 2022.

ONE

The company is cutting about 13% of its workforce, affecting 40 employees. This is the second round of layoffs for the battery company in recent months.

Project Ronin

The startup is shutting down, which results in a “permanent mass layoff” affecting around 150 employees.

February 2024

Fisker

The company plans to reduce its workforce by 15%, indicating it may not have enough cash resources to operate over the next 12 months.

EA

The company has reduced 5% of its workforce, affecting 670 employees, in a shift away from “the development of future licensed IP.”

Bumble

The company is dismissing approximately 350 employees, which constitutes 30% of its workforce.

Apple

The firm is likely to lay off hundreds of employees involved in its autonomous electric vehicle project, which has now been halted, according to information obtained by StartupSuperb.

Sony

A layoff of 900 employees is planned within its PlayStation division, accounting for 8% of the workforce in that sector. Affected studios include Insomniac Games, Naughty Dog, Guerrilla and Firesprite, as detailed in a statement from Sony.

Expedia

The company is set to cut 1,500 roles in 2024, primarily targeting its Product and Technology division, representing over 8% of the overall workforce.

Finder

The firm has eliminated approximately 60 positions, which equals 17% of its workforce. This marks the financial startup’s third significant layoff in the past year.

Rivian

The electric vehicle company is laying off 10% of its salaried workforce as part of cost-cutting measures amid challenging market conditions.

Meati Foods

The company will lay off 13% of its workforce in a move aimed at creating a “financially sustainable business,” as shared exclusively with StartupSuperb by CEO Phil Graves.

Cisco

The company has declared it will reduce its workforce by 5%, which will impact over 4,000 employees.

Toast

The company plans to cut approximately 550 employees as part of a strategy to streamline operations.

on improving operational expense efficiency.

Instacart

Recently disclosed in an SEC filing that it plans to reduce its workforce by approximately 250 employees as part of a restructuring initiative.

Mozilla

Is reducing investment in various products, which has been reported by StartupSuperb, leading to layoffs affecting about 60 employees.

Grammarly

Is terminating the employment of 230 individuals globally, aimed at enhancing its focus on the AI-enabled workplace of the future.

Getaround

Has announced a reduction of its North American workforce by 30% as part of its restructuring strategy.

Amazon

Is reportedly eliminating jobs in its healthcare units, One Medical and Amazon Pharmacy, although the precise number of roles affected remains unclear.

DocuSign

Has announced its intentions to cut 6% of its workforce, with substantial effects on the company’s sales and marketing teams.

Snap

Has revealed plans to eliminate 10% of its workforce, impacting over 500 employees, aiming to “reduce hierarchy.”

Polygon Labs

Has laid off 60 employees, representing about 19% of its staff, as confirmed by CEO Marc Boiron in a blog post.

Okta

Is implementing layoffs impacting around 400 employees. These reductions occur nearly a year after Okta announced a similar cut of about 300 positions.

January 2024

Thinx

Plans to lay off 95 workers in New York City, based on filing with the New York Department of Labor.

Proofpoint

Is laying off approximately 6% of its global workforce, equating to 280 employees, as confirmed to StartupSuperb.

Wattpad

Conducted another layoff round this month, affecting roughly 15% of its workforce, a source familiar with the matter informed StartupSuperb.

Block

Is reportedly laying off approximately 1,000 individuals within the Cash App, foundational, and Square divisions of Block.

PayPal

Has initiated company-wide layoffs, with expectations of affecting “thousands,” although the exact number of impacted employees remains uncertain.

Aurora Solar

Has reduced its workforce by 20%, which includes approximately 1,000 employees, as exclusively reported by StartupSuperb. This decision comes despite significant growth in the solar sector last year.

iRobot

Is cutting 350 jobs, which is one-third of its entire workforce, following the collapse of Amazon’s proposal to acquire the maker of Roomba. Longstanding CEO Colin Angle has also announced his resignation.

Salesforce

Is reportedly laying off 700 employees, constituting around 1% of its total workforce. This follows a previous significant reduction of 10% in 2023.

Flexport

Is planning to reduce about 20% of its workforce in the coming weeks. The company had similar layoffs in October, after founder Ryan Petersen resumed his role as CEO, which resulted in a 20% reduction in staff.

Microsoft

Is laying off 1,900 employees across various gaming divisions as a consequence of its acquisition of Activision Blizzard. Blizzard President Mike Ybarra announced his upcoming departure as well.

Swiggy

Is eliminating approximately 400 positions, which represents 7% of its workforce, in an effort to enhance financial stability ahead of a planned IPO later this year.

Aurora

Has confirmed layoffs affecting dozens of employees. The autonomous vehicle technology firm has stated that about 3% of its workforce has been released.

eBay

Will eliminate 9% of its workforce, resulting in about 1,000 full-time job losses. Additionally, in a blog post, the company announced intentions to cut contractor roles in the upcoming months.

SAP

Plans to offer voluntary buyouts or job modifications to 8,000 employees as part of its restructuring strategy.

Brex

Has laid off 20% of its workforce, impacting 282 workers. In a blog post, Co-CEO Pedro Franceschi commented that the focus is on “long-term thinking and ownership rather than short-term gains in the compensation structure.”

TikTok

Has eliminated around 60 positions across the U.S. in cities such as Los Angeles, New York, and Austin, alongside international market layoffs. The roles affected are primarily in sales and advertising, according to initial reports from NPR.

Vroom

Is terminating 90% of its workforce as it ceases its online used car marketplace and reallocates resources into two divisions: one dedicated to auto financing and another focused on AI-driven analytics.

Riot Games

Is laying off 11% of its personnel, affecting around 530 employees, as the company aims to streamline its operations.