The tech layoff wave remains to be going robust in 2024. Following important workforce reductions in 2022 and 2023, this 12 months has greater than 130,000 job cuts throughout 457 firms, in response to unbiased layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have performed sizable layoffs within the first months of 2024. Smaller-sized startups have additionally seen a good quantity of cuts, and in some instances, have shut down operations altogether.
By monitoring these layoffs, we’re in a position to perceive the impression on innovation throughout firms giant and small. We’re additionally in a position to see the potential impression of companies embracing AI and automation for jobs that had beforehand been thought of protected. It additionally serves as a reminder of the human impression of layoffs and what might be at stake with regard to elevated innovation.
Below you’ll discover a complete listing of all of the recognized layoffs in tech which have occurred in 2024, to be up to date recurrently. If you will have a tip on a layoff, contact us right here. If you favor to stay nameless, you’ll be able to contact us right here.
- November 2024: 5,925 staff laid off — see all November 2024 Tech Layoffs
- October 2024: 3,659 staff laid off — see all October 2024 Tech Layoffs
- September 2024: 3,765 staff laid off — see all September 2024 Tech Layoffs
- August 2024: 26,024 staff laid off — see all August 2024 Tech Layoffs
- July 2024: 9,051 staff laid off — see all July 2024 Tech Layoffs
- June 2024: 10,083 staff laid off — see all June 2024 Tech Layoffs
- May 2024: 11,011 staff laid off — see all May 2024 Tech Layoffs
- April 2024: 22,423 staff laid off — see all April 2024 Tech Layoffs
- March 2024: 7,403 staff laid off — see all March 2024 Tech Layoffs
- February 2024: 15,639 staff laid off — see all February 2024 Tech Layoffs
- January 2024: 34,107 staff laid off — see all January 2024 Tech Layoffs
December 2024
Lilium
Ceased operations and laid off about 1,000 staff. But the corporate could be saved in spite of everything: Lilium introduced {that a} consortium of buyers agreed to accumulate two subsidiaries, which might permit it to restructure and exit insolvency.
Boston Dynamics
Has laid off 45 staff, accounting for five% of its complete workforce. A spokesperson informed The Boston Globe the cuts impacted “nearly every function throughout the business.”
OfferUp
Is chopping 22% of its workforce because it makes an attempt to increase into new product strains. The complete variety of staff impacted shouldn’t be presently recognized.
Canoo
Is present process one other layoff spherical two months after the EV startup relocated staff to Texas to keep away from chapter. More than 20 staff have been included within the cuts.
Foundry
Eliminated 27% of its workforce. The cuts embrace 16% of its U.S.-based staff, in addition to a “small team in India,” affecting a complete of 74 staff.
Calendly
Laid off 70 staff, roughly 13% of its workforce. The cuts impacted groups in engineering, buyer expertise, advertising, and billing.
Yahoo
Laid off round 25% of its cybersecurity crew — often called The Paranoids — during the last 12 months, TechCrunch has realized. The cuts impacted 40 to 50 staff out of a complete employees of 200.
Bluevine
Is chopping 100 staff, impacting its international workforce by roughly 18%. It’s the fintech firm’s second layoff spherical in six months.
EasyKnock
Has abruptly shut down. The information follows a number of lawsuits filed in opposition to the proptech firm and an FTC client alert about controversial sale-leaseback fashions.
Carousell
Is eliminating 76 roles in a reorganization effort. The cuts account for about 7% of the Singapore-based firm’s complete headcount.
Mixtroz
Is shutting down its operations, co-founders Kerry Schrader and Ashlee Ammons Halpin introduced.
Stash
Reportedly laid off 40% of its roughly 220-person workforce in a significant restructuring effort following the departure of CEO Liza Landsman in September.
