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A comprehensive list of 2024 and 2025 tech layoffs | TechCrunch
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{ float: left; margin-right: 2em; }.wp-site-blocks > .alignright { float: right; margin-left: 2em; }.wp-site-blocks > .aligncenter { justify-content: center; margin-left: auto; margin-right: auto; }:where(.wp-site-blocks) > * { margin-block-start: 24px; margin-block-end: 0; }:where(.wp-site-blocks) > :first-child { margin-block-start: 0; }:where(.wp-site-blocks) > :last-child { margin-block-end: 0; }:root { --wp--style--block-gap: 24px; }:root :where(.is-layout-flow) > :first-child{margin-block-start: 0;}:root :where(.is-layout-flow) > :last-child{margin-block-end: 0;}:root :where(.is-layout-flow) > *{margin-block-start: 24px;margin-block-end: 0;}:root :where(.is-layout-constrained) > :first-child{margin-block-start: 0;}:root :where(.is-layout-constrained) > :last-child{margin-block-end: 0;}:root :where(.is-layout-constrained) > *{margin-block-start: 24px;margin-block-end: 0;}:root :where(.is-layout-flex){gap: 24px;}:root :where(.is-layout-grid){gap: 24px;}.is-layout-flow > 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0-.8-.294-1.566-.82-2.13A2.7 2.7 0 0 0 7.198 4c-.744 0-1.456.317-1.982.882L1.491 8.888a3 3 0 0 0-.61.977 3.2 3.2 0 0 0 0 2.307c.141.365.348.697.61.977a2.7 2.7 0 0 0 1.983.85 2.73 2.73 0 0 0 1.994-.88l-.662-.711a1.9 1.9 0 0 1-.605.436 1.75 1.75 0 0 1-1.43 0 1.9 1.9 0 0 1-.605-.436"/></svg> </a> </div> </div> </div> </div> <div class="article-hero__middle"> <h1 class="article-hero__title wp-block-post-title">A comprehensive list of 2024 and 2025 tech layoffs</h1> </div> <div class="article-hero__bottom article-hero__bottom--multiple-authors"> <div class="article-hero__authors"> <div class="is-style-default wp-block-tc23-author-card"> <div class="wp-block-group wp-block-tc23-author-card__info is-layout-flow wp-block-group-is-layout-flow"> <div class="wp-block-tc23-author-card-name"> <a class="wp-block-tc23-author-card-name__link" href="https://techcrunch.com/author/cody-corrall/">Cody Corrall</a> </div> </div> </div> <div class="is-style-default wp-block-tc23-author-card"> <div class="wp-block-group wp-block-tc23-author-card__info is-layout-flow wp-block-group-is-layout-flow"> <div class="wp-block-tc23-author-card-name"> <a class="wp-block-tc23-author-card-name__link" href="https://techcrunch.com/author/alyssa-stringer/">Alyssa Stringer</a> </div> </div> </div> </div> <div class="article-hero__date"> <div class="wp-block-post-date"><time datetime="2025-02-13T09:00:00-08:00">9:00 AM PST · February 13, 2025</time></div> </div> </div> </div> <div class="article-hero__credits-mobile"></div> </div> </div> <div class="is-floating wp-block-techcrunch-social-share"> <button class="wp-block-techcrunch-social-share__toggler" aria-label="Share Article"> <svg aria-hidden="true" xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 24 24"><path fill="var(--c-svg, currentColor)" d="M17.25 15a3.75 3.75 0 0 0-2.918 1.418L8.85 12.99c.2-.645.2-1.335 0-1.98l5.482-3.427A3.75 3.75 0 1 0 13.5 5.25c.004.336.054.669.15.99L8.168 9.668a3.75 3.75 0 1 0 0 4.665l5.482 3.427a3.6 3.6 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wp-block-group-is-layout-constrained"> <div class="wp-block-columns article is-layout-flex wp-container-core-columns-is-layout-3 wp-block-columns-is-layout-flex"> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"> <div class="entry-content wp-block-post-content is-layout-constrained wp-block-post-content-is-layout-constrained"> <p id="speakable-summary" class="wp-block-paragraph">The tech layoff wave continued through 2024. Following significant workforce reductions in 2022 and 2023, 2024 saw more than 150,000 job cuts across 542 companies, according to independent layoffs tracker <a href="https://layoffs.fyi/" target="_blank" rel="noreferrer noopener nofollow">Layoffs.fyi</a>. Large companies like <a href="https://techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/">Tesla</a>, <a href="https://techcrunch.com/2024/01/10/amazon-prime-video-and-mgm-studios-laid-off-hundreds-of-employees/">Amazon</a>, <a href="https://techcrunch.com/2024/01/10/google-cuts-hundreds-of-jobs-in-its-voice-assistance-hardware-teams-as-fitbit-founders-leave/">Google</a>, <a href="https://techcrunch.com/2024/01/23/tiktok-lays-off-60-employees/">TikTok</a>, <a href="https://techcrunch.com/2024/02/05/snapchats-parent-lays-off-10-of-workforce-in-order-to-reduce-hierarchy-says-company/">Snap</a>, and <a href="https://techcrunch.com/2024/01/25/microsoft-lays-off-1900-employees-in-activision-blizzard-and-xbox-divisions/">Microsoft</a> conducted sizable layoffs in 2024, while smaller-sized startups also experienced cuts, and in some cases, <a href="https://techcrunch.com/2024/01/16/uber-is-closing-alcohol-delivery-service-drizly-three-years-after-acquistion/">shut down operations altogether</a>.</p> <p class="wp-block-paragraph">We’re continuing to track the industry’s layoffs into 2025 so you can see the trajectory of the cutbacks. Later this year, we will break out our 2024 and 2025 lists in order to make the trends easier to parse.</p> <div class="ad-unit ad-unit--mobile ad-unit--has-placeholder ad-unit--display wp-block-tc-ads-ad-slot has-background has-gray-100-background-color"> <div class="ad-unit__ad" id="us-tc-ros-mw-mid-center" data-unitcode="us_tc_ros_mw_mid_center" data-sizes="[[300,250],[3,2],[2,2]]" style="min-height:250px;min-width:300px;"> </div> </div> <div class="ad-unit ad-unit--desktop ad-unit--native wp-block-tc-ads-ad-slot"> <div class="ad-unit__ad" id="us-tc-ros-dt-native-midarticle" data-unitcode="us_tc_ros_dt_native_midarticle" data-sizes="["fluid"]" style="min-height:0px;min-width:0px;"> </div> </div> <p class="wp-block-paragraph">By tracking these layoffs, we’re able to understand the impact on innovation across companies large and small. We’re also able to see the potential impact of businesses embracing AI and automation for jobs that had previously been considered safe. It also serves as a reminder of the human impact of layoffs and what could be at stake in regards to increased innovation.</p> <p class="wp-block-paragraph">Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2024, to be updated regularly. If you have a tip on a layoff, contact us <a href="https://techcrunch.com/pages/contact-us/" target="_blank" rel="noreferrer noopener">here</a>. If you prefer to remain anonymous, you can contact us <a href="https://techcrunch.com/got-a-tip/" target="_blank" rel="noreferrer noopener">here</a>.</p> <ul class="wp-block-list"> <li class="wp-block-list-item">January 2025: 6,003 employees laid off — <a href="#jan2025">see all January 2025 Tech Layoffs</a></li> <li class="wp-block-list-item">December 2024: 2,268 employees laid off — <a href="#dec2024">see all December 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">November 2024: 5,925 employees laid off — <a href="#nov2024">see all November 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">October 2024: 3,659 employees laid off — <a href="#oct2024">see all October 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">September 2024: 3,765 employees laid off — <a href="#sept2024">see all September 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">August 2024: 26,024 employees laid off — <a href="#august2024layoffs">see all August 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">July 2024: 9,051 employees laid off — <a href="#july2024layoffs">see all July 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">June 2024: 10,083 employees laid off — <a href="#june2024layoffs">see all June 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">May 2024: 11,011 employees laid off — <a href="#may2024layoffs">see all May 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">April 2024: 22,423 employees laid off — <a href="#april2024layoffs">see all April 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">March 2024: 7,403 employees laid off — <a href="#march2024layoffs">see all March 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">February 2024: 15,639 employees laid off — <a href="#february2024layoffs">see all February 2024 Tech Layoffs</a></li> <li class="wp-block-list-item">January 2024: 34,107 employees laid off — <a href="#january2024layoffs">see all January 2024 Tech Layoffs</a></li> </ul> <h2 class="wp-block-heading">February 2025</h2> <h3 class="wp-block-heading" id="h-sophos">Sophos</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2025/02/13/sophos-lays-off-6-of-workforce-following-secureworks-acquisition/">6% of its total workforce,</a> the cybersecurity firm confirmed to TechCrunch. The cuts come less than two weeks after Sophos acquired Secureworks for $859 million.</p> <h3 class="wp-block-heading" id="h-zepz">Zepz</h3> <p class="wp-block-paragraph">Will cut <a rel="nofollow" href="https://www.cnbc.com/2025/02/12/fintech-unicorn-zepz-to-lay-off-200-employees-sources-say.html">nearly 200 employees</a> as it introduces redundancy measures and closes down its operations in Poland and Kenya.</p> <h3 class="wp-block-heading" id="h-unity">Unity</h3> <p class="wp-block-paragraph">Reportedly <a rel="nofollow" href="https://www.theverge.com/news/610165/unity-layoffs-2025-runtime-fee">conducted another round of layoffs.</a> It’s unknown how many employees were affected.</p> <div class="marfeel-experience-inline-cta wp-block-tc23-marfeel-experience"> </div> <h3 class="wp-block-heading" id="h-justworks">JustWorks</h3> <p class="wp-block-paragraph">Cut nearly 200 employees, CEO Mike Seckler announced <a rel="nofollow" href="https://www.justworks.com/press/company-news/a-note-from-justworks-ceo-mike-seckler">in a note to employees</a>, citing “potential adverse events” like a recession or rising interest rates.</p> <h3 class="wp-block-heading" id="h-bird">Bird</h3> <p class="wp-block-paragraph">Cut 120 jobs, affecting roughly <a href="https://techcrunch.com/2025/02/10/bird-cuts-120-jobs-as-part-of-strategic-realignment/">one-third of its total workforce,</a> TechCrunch exclusively learned. The move comes just a year after the Dutch startup <a href="https://www.amsterdamai.com/en/nieuws/529e0e27-44d0-0505-2af2-f473d807ab03/Bird-ontslaat-werknemers-wegens-AI-effici%C3%ABntie" target="_blank" rel="noreferrer noopener nofollow">cut 90 employees</a> following its rebrand.</p> <h3 class="wp-block-heading" id="h-sprinklr">Sprinklr</h3> <p class="wp-block-paragraph">Laid off <a href="https://techcrunch.com/2025/02/06/sprinklr-cuts-500-employees-citing-underwhelming-business-performance/">about 500 employees,</a> affecting 15% of its workforce, citing poor business performance. The new cuts follow two <a href="https://techcrunch.com/2024/05/03/sprinklr-lays-off-more-than-100-employees/">earlier</a><a href="https://techcrunch.com/2023/02/15/sprinklr-layoffs-2023/"> layoff rounds</a> for the company that affected roughly 200 employees.</p> <h3 class="wp-block-heading" id="h-sonos">Sonos</h3> <p class="wp-block-paragraph">Reportedly let go of <a href="https://www.theverge.com/news/607022/sonos-february-layoffs-app-problems" target="_blank" rel="noreferrer noopener nofollow">approximately 200 employees,</a> according to The Verge. The company previously <a href="https://techcrunch.com/2024/08/14/sonos-ceo-patrick-spence-confirms-100-person-layoff/">cut 100 employees</a> as part of a layoff round in August 2024. </p> <h3 class="wp-block-heading" id="h-workday">Workday</h3> <p class="wp-block-paragraph">Laid off <a href="https://techcrunch.com/2025/02/05/workday-cuts-nearly-2000-employees/">1,750 employees,</a> as originally reported by Bloomberg and confirmed independently by TechCrunch. The cuts affect roughly 8.5% of the enterprise HR platform’s total head count.</p> <h3 class="wp-block-heading" id="h-okta">Okta</h3> <p class="wp-block-paragraph">Laid off 180 employees, <a href="https://techcrunch.com/2025/02/04/okta-lays-off-180-employees-nearly-one-year-after-last-workforce-reduction/">the company confirmed to TechCrunch.</a> The cuts come just over one year after the access and identity management giant <a href="https://techcrunch.com/2024/02/01/okta-layoffs-400-employees/">let go of 400 workers.</a></p> <h3 class="wp-block-heading" id="h-cruise">Cruise</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2025/02/04/cruise-to-slash-workforce-by-50-after-gm-cuts-funding-to-robotaxi-operations/">50% of its workforce</a>, including CEO Marc Whitten and several other top executives, as it prepares to shut down operations. What remains of the autonomous vehicle company will move under General Motors.</p> <h3 class="wp-block-heading" id="h-salesforce">Salesforce</h3> <p class="wp-block-paragraph">Is reportedly eliminating <a href="https://www.bloomberg.com/news/articles/2025-02-04/salesforce-cutting-1-000-roles-while-hiring-salespeople-for-ai" target="_blank" rel="noreferrer noopener nofollow">more than 1,000 jobs.</a> The cuts come as the giant is actively recruiting and hiring workers to sell new AI products.</p> <h2 class="wp-block-heading" id="jan2025">January 2025</h2> <h3 class="wp-block-heading" id="h-cushion">Cushion</h3> <p class="wp-block-paragraph">Has shut down operations, CEO Paul Kesserwani <a rel="nofollow" href="https://www.linkedin.com/posts/paulkesserwani_at-the-end-of-last-year-we-made-the-tough-activity-7290783062534037504-Pe1N?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAAyEiMByBYO4n6-VczZmD3Y2N2vRH_tb7k">announced on LinkedIn.</a> The fintech startup’s post-money valuation <a href="https://techcrunch.com/2025/01/30/fintech-startup-cushion-shuts-down-after-8-years-and-over-20-million-in-funding/">in 2022 was $82.4 million,</a> according to PitchBook.</p> <h3 class="wp-block-heading" id="h-placer-ai">Placer.ai</h3> <p class="wp-block-paragraph">Laid off <a rel="nofollow" href="https://www.calcalistech.com/ctechnews/article/sj6ptuddye">150 employees based in the U.S.</a>, affecting roughly 18% of its total workforce, in an effort to reach profitability.</p> <h3 class="wp-block-heading" id="h-amazon">Amazon</h3> <p class="wp-block-paragraph">Laid off <a rel="nofollow" href="https://www.bloomberg.com/news/articles/2025-01-29/amazon-cuts-dozens-of-corporate-jobs-in-latest-round-of-layoffs">dozens of workers in its communications department</a> in order to help the company “move faster, increase ownership, strengthen our culture, and bring teams closer to customers.”</p> <h3 class="wp-block-heading" id="h-stripe">Stripe</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2025/01/21/stripe-is-laying-off-300-people-but-says-it-still-plans-to-hire-in-2025/">laying off 300 people,</a> according to a leaked memo reported by Business Insider. However, according to the memo, the fintech giant is planning to grow its total headcount by 17%. </p> <h3 class="wp-block-heading" id="h-textio">Textio</h3> <p class="wp-block-paragraph">Laid off <a rel="nofollow" href="https://www.geekwire.com/2025/augmented-writing-startup-textio-lays-off-more-employees-will-invest-in-different-mix-of-roles/">15 employees</a> as the augmented writing startup undergoes a restructuring effort.</p> <h3 class="wp-block-heading" id="h-pocket-fm">Pocket FM</h3> <p class="wp-block-paragraph">Is <a rel="nofollow" href="https://yourstory.com/2025/01/pocketfm-75-employees-pushes-toward-profitability">cutting 75 employees</a> in an effort to “ensure the long-term sustainability and success” of the company. The audio company last cut 200 writers in July 2024 months after <a href="https://techcrunch.com/2024/06/20/pocket-fm-partners-with-elevenlabs-to-convert-scripts-into-audio-content-quickly/">partnering with ElevenLabs</a>.</p> <h3 class="wp-block-heading" id="h-aurora-solar">Aurora Solar</h3> <p class="wp-block-paragraph">Is planning to <a rel="nofollow" href="https://www.sfexaminer.com/news/technology/sf-green-tech-startup-aurora-solar-laying-off-dozens-again/article_a5fc0dbc-d450-11ef-95d2-03eab04fe214.html">cut 58 employees</a> in response to an “ongoing macroeconomic challenges and continued uncertainty in the solar industry.”</p> <h3 class="wp-block-heading" id="h-meta">Meta</h3> <p class="wp-block-paragraph">Announced in an internal memo that it will <a rel="nofollow" href="https://www.cnbc.com/2025/01/14/meta-targeting-lowest-performing-employees-in-latest-round-of-layoffs.html">cut 5% of its staff</a> targeting “low performers” as the company prepares for “an intense year.” <a href="https://techcrunch.com/2025/01/14/meta-to-cut-roughly-5-of-its-workforce-based-on-performance/">As of its latest quarterly report,</a> Meta currently has more than 72,000 employees.</p> <h3 class="wp-block-heading" id="h-wayfair">Wayfair</h3> <p class="wp-block-paragraph">Will cut up to 730 jobs, <a href="https://www.cnbc.com/2025/01/10/wayfair-to-exit-germany-cut-730-jobs-in-latest-layoffs.html" target="_blank" rel="noreferrer noopener nofollow">impacting 3% of its total workforce,</a> as it plans to exit operations in Germany and focus on physical retailers.</p> <h3 class="wp-block-heading" id="h-pandion">Pandion</h3> <p class="wp-block-paragraph">Is shutting down its operations, <a href="https://www.geekwire.com/2025/heavily-funded-pandion-delivery-startup-closes-abruptly-in-latest-logistics-industry-fallout/" target="_blank" rel="noreferrer noopener nofollow">impacting 63 employees.</a> The delivery startup said employees will be paid through January 15 without severance.</p> <h3 class="wp-block-heading" id="h-icon">Icon</h3> <p class="wp-block-paragraph">Is <a href="https://www.statesman.com/story/business/2025/01/09/icon-layoffs-austin-texas-3d-printing-company-100-employees/77573345007/" target="_blank" rel="noreferrer noopener nofollow">laying off 114 employees</a> as part of a team realignment, per a new WARN notice filing, focusing its efforts on a robotic printing system.</p> <h3 class="wp-block-heading" id="h-altruist">Altruist</h3> <p class="wp-block-paragraph">Eliminated 37 jobs, impacting roughly 10% of its total workforce, even as the company <a href="https://riabiz.com/a/2025/1/7/altruist-lays-off-10-of-its-staff-despite-300-revenue-jump-to-get-best-possible-people-as-aggressive-hiring-continues-says-ceo" target="_blank" rel="noreferrer noopener nofollow">pursues “aggressive” hiring.</a></p> <h3 class="wp-block-heading" id="h-aqua-security">Aqua Security</h3> <p class="wp-block-paragraph">Is cutting <a href="https://www.calcalistech.com/ctechnews/article/rjd6qpclyx" target="_blank" rel="noreferrer noopener nofollow">dozens of employees</a> across its global markets as part of a strategic reorganization to increase profitability.</p> <h3 class="wp-block-heading" id="h-solaredge-technologies">SolarEdge Technologies</h3> <p class="wp-block-paragraph">Plans to lay off <a href="https://www.reuters.com/business/energy/solaredge-technologies-lay-off-400-employees-globally-2025-01-06/" target="_blank" rel="noreferrer noopener nofollow">400 employees globally.</a> It’s the company’s fourth layoff round <a href="https://www.reuters.com/technology/solaredge-lay-off-16-workforce-2024-01-21/" target="_blank" rel="noreferrer noopener nofollow">since January 2024</a> as the solar industry as a whole faces a downturn.</p> <h3 class="wp-block-heading" id="h-level"><strong>Level</strong></h3> <p class="wp-block-paragraph">The fintech startup, founded in 2018, <a href="https://www.theinformation.com/articles/fintech-startup-level-abruptly-shuts-down" target="_blank" rel="noreferrer noopener nofollow">abruptly shut down earlier this year.</a> Per an email from CEO Paul Aaron, the closure follows an <a href="https://www.pymnts.com/acquisitions/2025/report-benefits-startup-level-shuts-down-after-acquisition-falls-through/" target="_blank" rel="noreferrer noopener nofollow">unsuccessful attempt to find a buyer</a>, though <a href="https://techcrunch.com/2025/01/07/employer-com-offers-to-buy-failed-fintech-level-a-week-after-it-makes-offer-for-bench/">Employer.com has a new offer under consideration</a> to acquire the company post-shutdown.</p> <h2 class="wp-block-heading" id="dec2024">December 2024</h2> <h3 class="wp-block-heading" id="h-brave-care">Brave Care</h3> <p class="wp-block-paragraph">Has <a href="https://www.oregonlive.com/health/2024/12/portland-pediatrics-startup-brave-care-shutters-permanently.html" target="_blank" rel="noreferrer noopener nofollow">shut down its operations</a> permanently, according to <a href="https://bravecare.com/" target="_blank" rel="noreferrer noopener nofollow">a post on its website.</a> It’s unclear how many workers were impacted.</p> <h3 class="wp-block-heading" id="h-epicery">Epicery</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/12/31/after-ups-and-down-food-delivery-startup-epicery-closes-shop/">Has ceased operations</a> as the result of “economic and financial challenges” that the food delivery startup could not overcome.</p> <h3 class="wp-block-heading" id="h-bench">Bench</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/12/27/bench-shuts-down-leaving-thousands-of-businesses-without-access-to-accounting-and-tax-docs/">Abruptly shut down</a> but <a href="https://techcrunch.com/2024/12/30/bench-to-be-acquired-after-abruptly-shutting-down/">was later acquired by Employer.com</a> for an undisclosed price in a last-minute deal. It’s currently unknown how many of the accounting startup’s 600 staff will be hired back.</p> <h3 class="wp-block-heading" id="h-lilium">Lilium</h3> <p class="wp-block-paragraph">Ceased operations and <a href="https://techcrunch.com/2024/12/23/electric-aircraft-startup-lilium-ceases-operations-1000-workers-laid-off/">laid off about 1,000 workers.</a> But the company might be saved after all: Lilium announced that a consortium of investors agreed to acquire two subsidiaries, which would allow it to restructure and exit insolvency.</p> <h3 class="wp-block-heading" id="h-boston-dynamics">Boston Dynamics</h3> <p class="wp-block-paragraph">Has laid off <a href="https://www.bostonglobe.com/2024/12/11/business/boston-dynamics-layoffs-robotics-atlas-spot/" target="_blank" rel="noreferrer noopener nofollow">45 employees,</a> accounting for 5% of its total workforce. A spokesperson told The Boston Globe the cuts impacted “nearly every function throughout the business.”</p> <h3 class="wp-block-heading" id="h-offerup">OfferUp</h3> <p class="wp-block-paragraph">Is <a href="https://www.geekwire.com/2024/offerup-cuts-22-of-staff-amid-expansion-beyond-used-goods-read-ceos-memo-to-staff/" target="_blank" rel="noreferrer noopener nofollow">cutting 22% of its workforce</a> as it attempts to expand into new product lines. The total number of workers impacted is not currently known.</p> <h3 class="wp-block-heading" id="h-canoo">Canoo</h3> <p class="wp-block-paragraph">Is undergoing <a href="https://eletric-vehicles.com/canoo/canoo-initiates-layoffs-as-bankruptcy-looms/" target="_blank" rel="noreferrer noopener nofollow">another layoff round</a> two months after the EV startup relocated employees to Texas to avoid bankruptcy. More than 20 employees were included in the cuts.</p> <h3 class="wp-block-heading" id="h-foundry">Foundry</h3> <p class="wp-block-paragraph">Eliminated <a href="https://coingeek.com/foundry-lays-off-staff-as-marathon-hive-expand/" target="_blank" rel="noreferrer noopener nofollow">27% of its workforce</a>. The cuts include 16% of its U.S.-based employees, as well as <a href="https://finance.yahoo.com/news/dcg-confirms-reports-foundry-layoffs-075410335.html" target="_blank" rel="noreferrer noopener">a “small team in India,”</a> affecting a total of 74 workers.</p> <h3 class="wp-block-heading" id="h-calendly">Calendly</h3> <p class="wp-block-paragraph">Laid off <a href="https://www.businessinsider.com/leaked-memo-calendly-ceo-emailed-employees-announcing-job-cuts-2024-12" target="_blank" rel="noreferrer noopener nofollow">70 employees,</a> roughly 13% of its workforce. The cuts impacted teams in engineering, customer experience, marketing, and billing.</p> <h3 class="wp-block-heading" id="h-yahoo">Yahoo</h3> <p class="wp-block-paragraph">Laid off around <a href="https://techcrunch.com/2024/12/12/yahoo-cybersecurity-team-sees-layoffs-outsourcing-of-red-team-under-new-cto/">25% of its cybersecurity team</a> — known as The Paranoids — over the last year, TechCrunch has learned. The cuts impacted 40 to 50 employees out of a total staff of 200.</p> <h3 class="wp-block-heading" id="h-bluevine">Bluevine</h3> <p class="wp-block-paragraph">Is <a href="https://www.calcalistech.com/ctechnews/article/bkfccpr4kx" target="_blank" rel="noreferrer noopener nofollow">cutting 100 employees</a>, impacting its global workforce by roughly 18%. It’s the fintech company’s second layoff round in six months.</p> <h3 class="wp-block-heading" id="h-easyknock">EasyKnock</h3> <p class="wp-block-paragraph">Has <a href="https://www.npr.org/2024/12/06/nx-s1-5218625/sale-leaseback-rent-mortgage-easyknock" target="_blank" rel="noreferrer noopener nofollow">abruptly shut down.</a> The news follows <a href="https://www.housingwire.com/articles/easyknock-faces-consumer-lawsuits-and-actions-from-state-regulators/" target="_blank" rel="noreferrer noopener nofollow">several lawsuits filed against the proptech company</a> and an <a href="https://consumer.ftc.gov/consumer-alerts/2024/10/risky-business-offers-cash-out-your-home-equity-through-sale-leaseback" target="_blank" rel="noreferrer noopener nofollow">FTC consumer alert</a> about controversial sale-leaseback models.</p> <h3 class="wp-block-heading" id="h-carousell">Carousell</h3> <p class="wp-block-paragraph">Is <a href="https://www.channelnewsasia.com/singapore/carousell-layoffs-december-2024-76-roles-strategic-market-resources-4791261" target="_blank" rel="noreferrer noopener nofollow">eliminating 76 roles</a> in a reorganization effort. The cuts account for about 7% of the Singapore-based company’s total headcount. </p> <h3 class="wp-block-heading" id="h-mixtroz">Mixtroz</h3> <p class="wp-block-paragraph">Is shutting down its operations, co-founders Kerry Schrader and Ashlee Ammons Halpin <a href="https://www.instagram.com/p/DDNMYLXR6q0/?hl=en" target="_blank" rel="noreferrer noopener nofollow">announced</a>.</p> <h3 class="wp-block-heading" id="h-stash">Stash</h3> <p class="wp-block-paragraph">Reportedly <a href="https://fortune.com/2024/12/04/stash-fintech-layoffs-ceo-departure-acquisition/" target="_blank" rel="noreferrer noopener nofollow">laid off 40%</a> of its roughly 220-person workforce in a major restructuring effort following the departure of CEO Liza Landsman in September.</p> <h3 class="wp-block-heading" id="h-booking-holdings">Booking Holdings</h3> <p class="wp-block-paragraph">Has laid off <a href="https://skift.com/2024/12/04/booking-holdings-laid-off-60-employees-at-b2b-arm-as-it-resets-priorities/" target="_blank" rel="noreferrer noopener nofollow">60 employees</a> in one of its B2B units as the company shifts its focus to AI.</p> <h3 class="wp-block-heading" id="h-lightspeed-commerce">Lightspeed Commerce</h3> <p class="wp-block-paragraph">Will lay off <a href="https://www.marketwatch.com/story/lightspeed-commerce-to-cut-200-jobs-17842379" target="_blank" rel="noreferrer noopener nofollow">roughly 200 employees</a> as part of a “strategic review” of its business while exploring a potential sale. The company <a href="https://financialpost.com/technology/job-cuts-hit-lightspeed-commerce" target="_blank" rel="noreferrer noopener nofollow">cut 280 workers</a> in April as part of a restructuring effort.</p> <h2 class="wp-block-heading" id="nov2024">November 2024</h2> <h3 class="wp-block-heading" id="h-alphasense">AlphaSense</h3> <p class="wp-block-paragraph">Laid off <a rel="nofollow" href="https://news.bloomberglaw.com/daily-labor-report/market-research-firm-alphasense-cut-150-jobs-in-restructuring">150 employees,</a> impacting 8% of its workforce, in a new restructuring effort following its <a rel="nofollow" href="https://www.prnewswire.com/news-releases/alphasense-completes-acquisition-of-tegus-302190934.html">July 2024 acquisition of Tegus.</a></p> <h3 class="wp-block-heading" id="h-ola-electric">Ola Electric</h3> <p class="wp-block-paragraph">Is reportedly letting go of <a rel="nofollow" href="https://economictimes.indiatimes.com/tech/technology/under-pressure-ola-electric-is-laying-off-500-to-up-profitability/articleshow/115538661.cms?from=mdr">up to 500 employees</a> in an effort to boost its profitability. The cuts would impact more than 10% of its total workforce.</p> <h3 class="wp-block-heading" id="h-hopper">Hopper</h3> <p class="wp-block-paragraph">Cut <a rel="nofollow" href="https://skift.com/2024/11/22/hopper-restructures-with-job-cuts-for-the-second-time-in-a-year/">roughly 10% of its workforce,</a> affecting 60-65 employees, as the online travel agency conducts another reorganization attempt.</p> <h3 class="wp-block-heading" id="h-linkedin">LinkedIn</h3> <p class="wp-block-paragraph">Eliminated 202 employees, accounting for roughly 1% of its total workforce. The cuts impacted engineering and customer support roles, spokesperson <a rel="nofollow" href="https://www.theinformation.com/briefings/linkedin-lays-off-200-employees">Greg Snapper confirmed to The Information.</a></p> <h3 class="wp-block-heading" id="h-headspace">Headspace</h3> <p class="wp-block-paragraph">Is <a rel="nofollow" href="https://bhbusiness.com/2024/11/20/headspace-axes-13-of-workforce-transition-therapist-network-to-part-time-and-contract-roles/">cutting 13% of its workforce</a> and shifting its staff of clinical therapists to part-time or contract roles in an effort to “reset” the unicorn startup. It’s unknown exactly how many employees were impacted.</p> <h3 class="wp-block-heading" id="h-truelayer">Truelayer</h3> <p class="wp-block-paragraph">Reportedly laid off roughly a quarter of its employees. <a rel="nofollow" href="https://www.cityam.com/former-fintech-unicorn-truelayer-laid-off-a-quarter-of-staff-in-one-day/">Sources told City AM</a> that the <a href="https://techcrunch.com/2021/09/20/truelayer-nabs-130m-at-a-1b-valuation-as-open-banking-rises-as-a-viable-option-to-card-networks/">former unicorn startup</a> cut 71 roles before announcing a $50 million funding round.</p> <h3 class="wp-block-heading" id="h-applovin">AppLovin</h3> <p class="wp-block-paragraph">Announced 120 layoffs <a rel="nofollow" href="https://www.sfgate.com/tech/article/applovin-layoffs-stock-market-run-19920195.php">in a new WARN filing.</a> The filing comes a week after the advertising software company hit a <a rel="nofollow" href="https://www.ceotodaymagazine.com/2024/11/applovins-unstoppable-310-surge-in-2024-the-ai-powered-ad-tech-titan-thats-outpacing-nvidia-and-shocking-wall-street/">$97.7 billion valuation.</a></p> <h3 class="wp-block-heading" id="h-stoa">Stoa</h3> <p class="wp-block-paragraph">Has <a rel="nofollow" href="https://inc42.com/buzz/alternative-mba-startup-stoa-shuts-operations/">shut down its operations</a> after four years in business, CEO Raj Kunkolienkar <a rel="nofollow" href="https://www.linkedin.com/feed/update/urn:li:activity:7262052787306299394/">announced on LinkedIn.</a></p> <h3 class="wp-block-heading" id="h-amd">AMD</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/11/13/amd-lays-off-4-of-its-workforce/">4% of its workforce</a> to focus on “large growth opportunities.” AMD had <a rel="nofollow" href="https://ir.amd.com/sec-filings/content/0000002488-24-000012/0000002488-24-000012.pdf">roughly 26,000 employees</a> as of last year, so the cuts could impact approximately 1,000 workers.</p> <h3 class="wp-block-heading" id="h-23andme">23andMe</h3> <p class="wp-block-paragraph">Is cutting <a href="https://techcrunch.com/2024/11/12/23andme-cuts-40-of-staff-in-restructuring/">40% of its workforce,</a> impacting more than 200 employees, as part of a restructuring effort at the company. Since going public in 2021, <a href="https://techcrunch.com/2024/10/19/23andme-faces-an-uncertain-future-so-does-your-genetic-data/">23andMe has lost more than 99% of its value</a> amid declining interest in its products and subscriptions, plus a data breach in 2023 that resulted in 7 million users’ ancestry data being stolen.</p> <h3 class="wp-block-heading" id="h-chegg">Chegg</h3> <p class="wp-block-paragraph">Is laying off <a rel="nofollow" href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-11-12-2024/card/online-education-company-chegg-to-lay-off-staff-as-ai-tools-weigh-on-revenue-targets-qYYbTOKMAe8OblSEyLUD">319 employees,</a> accounting for 21% of its total staff, as it struggles to compete with ChatGPT and other AI products. Like 23andMe, at the time of writing, Chegg has also lost 99% of its valuation since going public in 2013.</p> <h3 class="wp-block-heading" id="h-enphase-energy">Enphase Energy</h3> <p class="wp-block-paragraph">Is laying off <a rel="nofollow" href="https://www.sfgate.com/tech/article/enphase-energy-layoffs-workers-solar-19907535.php">roughly 500 workers,</a> affecting <a rel="nofollow" href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1463101/000146310124000145/enph-20241107.htm">17% of the solar and EV charging company’s total workforce</a>. Enphase laid off 10% of its workforce less than a year ago, as they and other solar companies continue to face significant headwinds.</p> <h3 class="wp-block-heading" id="h-exosonic">Exosonic</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/11/08/supersonic-aircraft-startup-exosonic-is-shutting-down/">shutting down</a> after five years of operation. In 2020, the supersonic aircraft startup joined <a href="https://techcrunch.com/2020/03/17/all-the-companies-from-y-combinators-w20-demo-day-part-iii-hardware-robots-ai-and-developer-tools/">Y Combinator’s Winter cohort</a> in 2020 and went on to raise over $4.5 million.</p> <h3 class="wp-block-heading" id="h-freshworks">Freshworks</h3> <p class="wp-block-paragraph">Is laying off <a rel="nofollow" href="https://entrackr.com/news/freshworks-announces-13-layoffs-400-mn-stock-buyback-and-q3-results-7561767">660 employees globally,</a> accounting for 13% of the company’s total workforce, as the software-as-a-service company for customer and IT service management aims to finish a restructuring effort by the end of the year.</p> <h3 class="wp-block-heading" id="h-akamai">Akamai</h3> <p class="wp-block-paragraph">The cloud computing company is eliminating <a rel="nofollow" href="https://www.bizjournals.com/boston/news/2024/11/07/akamai-layoffs-2024.html">2.5% of its workforce,</a> impacting roughly 250 employees. The company made a similar sized cut to its workforce <a rel="nofollow" href="https://www.bizjournals.com/boston/news/2023/05/09/akamai-cuts-global-workforce-2023.html">at the beginning of 2023.</a></p> <h3 class="wp-block-heading" id="h-sharefile">ShareFile</h3> <p class="wp-block-paragraph">Announced it will cut <a rel="nofollow" href="https://www.newsobserver.com/news/business/article295211124.html">nearly 200 jobs</a> in North Carolina, <a rel="nofollow" href="https://www.sharefile.com/resource/blogs/sharefile-be-acquired-ai-powered-infrastructure-software-leader-progress">shortly after its acquisition by Progress Software Corp</a>.</p> <h3 class="wp-block-heading" id="h-just-eat">Just Eat</h3> <p class="wp-block-paragraph">Is reducing its headcount <a rel="nofollow" href="https://www.dailymail.co.uk/news/article-14048375/just-eat-job-cuts-redundancies.html">by 300 employees,</a> accounting for 2% of the food delivery company’s total work force.</p> <h3 class="wp-block-heading" id="h-irobot">iRobot</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/11/06/irobot-lays-off-another-105-employees/">105 employees</a> — about 16% of the company’s workforce. The move comes after iRobot slashed roughly <a href="https://techcrunch.com/2024/01/29/irobot-and-amazon-call-it-quits-terminate-acquisition-agreement/">350 jobs earlier this year</a>, following the scuttling of an acquisition by Amazon for $1.7 billion.</p> <h3 class="wp-block-heading" id="h-the-mozilla-foundation">The Mozilla Foundation</h3> <p class="wp-block-paragraph">Has laid off <a href="https://techcrunch.com/2024/11/05/mozilla-foundation-lays-off-30-staff-drops-advocacy-division/">30% of its employees</a> as the organization says it faces a “relentless onslaught of change.” It’s the second layoff round at Mozilla this year.</p> <h3 class="wp-block-heading" id="h-maven-clinic">Maven Clinic</h3> <p class="wp-block-paragraph">Reportedly <a rel="nofollow" href="https://endpts.com/maven-clinic-cuts-10-of-workforce-weeks-after-raising-125m/">cut 10% of its staff,</a> impacting roughly 60 employees. In October 2024, the company announced a <a rel="nofollow" href="https://www.prnewswire.com/news-releases/maven-clinic-announces-125-million-series-f-round-of-funding-to-chart-the-next-decade-of-innovation-in-womens-and-family-health-302269566.html">$125 million Series F Round.</a></p> <h3 class="wp-block-heading" id="h-bowery-farming">Bowery Farming</h3> <p class="wp-block-paragraph">Is <a rel="nofollow" href="https://pitchbook.com/news/articles/bowery-indoor-farming-agtech-company-ceases-operations">shutting down its operations.</a> The agtech company was valued at <a href="https://techcrunch.com/2024/11/04/bowery-farming-is-ceasing-operations/">$2.3 billion in 2021.</a></p> <h2 class="wp-block-heading" id="oct2024">October 2024</h2> <h3 class="wp-block-heading" id="h-tidal">Tidal</h3> <p class="wp-block-paragraph">Is conducting another round of layoffs, reportedly impacting <a rel="nofollow" href="https://fortune.com/2024/10/30/jack-dorsey-layoffs-streaming-music-app-tidal-block-leaked-email/">up to 100 employees.</a> CEO Jack Dorseytold employees in an email that the company needs to operate “like a startup again.” </p> <h3 class="wp-block-heading" id="h-x">X</h3> <p class="wp-block-paragraph">Reportedly conducted <a rel="nofollow" href="https://www.theverge.com/2024/11/1/24285819/elon-musks-x-is-laying-off-employees-again">a round of layoffs.</a> The number of employees impacted is currently unknown.</p> <h3 class="wp-block-heading" id="h-coursera">Coursera</h3> <p class="wp-block-paragraph">Cut <a rel="nofollow" href="https://www.classcentral.com/report/cousera-layoffs-2024/">10% of its total workforce</a> as the education company struggles with its customers not renewing their subscriptions.</p> <h3 class="wp-block-heading" id="h-dropbox">Dropbox</h3> <p class="wp-block-paragraph">Is letting go of <a href="https://techcrunch.com/2024/10/30/dropbox-is-laying-off-20-of-its-staff/">20% of its workforce</a> as the company undergoes what CEO Drew Houston calls a “transitional period.” The reduction in headcount will impact 528 employees.</p> <h3 class="wp-block-heading" id="h-consensys">Consensys</h3> <p class="wp-block-paragraph">Has laid off <a rel="nofollow" href="https://decrypt.co/288832/ethereum-giant-consensys-layoffs-eth-slump">20% of its total workforce</a> as it faces struggles in the Ethereum market.</p> <h3 class="wp-block-heading" id="h-f5">F5</h3> <p class="wp-block-paragraph">Is trimming its global workforce <a rel="nofollow" href="https://www.geekwire.com/2024/f5-confirms-new-round-of-job-cuts-continuing-annual-pattern-of-workforce-reductions/">by nearly 2%</a> in a cost-cutting measure, impacting roughly 100 employees.</p> <h3 class="wp-block-heading" id="h-kyte">Kyte</h3> <p class="wp-block-paragraph">Is pulling out of almost all of its major markets in the U.S. and has cut its workforce <a href="https://techcrunch.com/2024/10/25/rental-car-startup-kyte-slashes-staff-and-shrinks-to-two-markets-in-bid-for-survival/">roughly in half</a> as it shifts its focus on just San Francisco and New York City.</p> <h3 class="wp-block-heading" id="h-upwork">Upwork</h3> <p class="wp-block-paragraph">Is reducing <a rel="nofollow" href="https://investors.upwork.com/news-releases/news-release-details/upwork-announces-organizational-changes-drive-continued">its total workforce by 21%</a> as the company aims to generate $60 million in annual cost savings.</p> <h3 class="wp-block-heading" id="h-venminder">Venminder</h3> <p class="wp-block-paragraph">Will <a rel="nofollow" href="https://www.bizjournals.com/louisville/inno/stories/news/2024/10/21/venminder-mass-layoff-elizabethtown-tech-2024.html">lay off 100 employees</a> after being acquired by risk and vendor management company Ncontracts.</p> <h3 class="wp-block-heading" id="h-jellysmack">Jellysmack</h3> <p class="wp-block-paragraph">Is laying off staff in a reorganization effort <a rel="nofollow" href="https://www.businessinsider.in/tech/news/jellysmack-is-laying-off-staff-as-it-scales-back-its-creator-program/articleshow/114434680.cms">impacting 22 employees</a> in the U.S. Cuts will reportedly also impact staffers in France in the coming months.</p> <h3 class="wp-block-heading" id="h-capway">CapWay</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/10/16/y-combinator-backed-fintech-capway-has-shut-down/">been shut down,</a> founder Sheena Allen <a rel="nofollow" href="https://www.linkedin.com/posts/sheenaallen_saying-goodbye-tocapway-although-it-has-activity-7252379430742896640-UBGr/">wrote on LinkedIn.</a> The Y Combinator-backed fintech sought to bring financial services to people in banking deserts.Meta</p> <div class="ad-unit ad-unit--mobile ad-unit--has-placeholder ad-unit--display wp-block-tc-ads-ad-slot has-background has-gray-100-background-color"> <div class="ad-unit__ad" id="us-tc-ros-mw-mid-center" data-unitcode="us_tc_ros_mw_mid_center" data-sizes="[[300,250]]" style="min-height:250px;min-width:300px;"> </div> </div> <div class="ad-unit ad-unit--desktop ad-unit--native wp-block-tc-ads-ad-slot"> <div class="ad-unit__ad" id="us-tc-ros-dt-native-midarticle" data-unitcode="us_tc_ros_dt_native_midarticle" data-sizes="["fluid"]" style="min-height:0px;min-width:0px;"> </div> </div> <p class="wp-block-paragraph">Employees across multiple teams across Meta have been laid off as the company looks to “ensure resources are aligned with their long-term strategic goals,” <a href="https://techcrunch.com/2024/10/16/meta-lays-off-employees-across-multiple-teams/">in the words of its emailed statement to TechCrunch</a>. What Meta did not detail was the scope or specific teams affected by the layoffs, though Threads, recruiting and legal were confirmed not to be unaffected.</p> <h3 class="wp-block-heading" id="h-boeing">Boeing</h3> <p class="wp-block-paragraph">Will <a rel="nofollow" href="https://www.cnbc.com/2024/10/11/boeing-layoffs-factory-strike.html">cut 10% of its workforce,</a> impacting roughly 17,000 employees. The cuts follow <a href="https://finance.yahoo.com/news/boeing-cut-10-workforce-sees-212200686.html">a loss of $9.97 a share in Q3</a> amid a <a rel="nofollow" href="https://www.businessinsider.com/boeing-strike-rising-tension-complaint-union-nlrb-2024-10">continued machinist union strike.</a></p> <h3 class="wp-block-heading" id="h-stellantis">Stellantis</h3> <p class="wp-block-paragraph">Is laying off <a rel="nofollow" href="https://www.npr.org/2024/10/11/nx-s1-5145932/stellantis-jeep-dodge-chrysler-layoffs">1,100 employees in Michigan,</a> impacting the company’s subsidiary brands Chrysler, Jeep, Ram, and Dodge.</p> <h3 class="wp-block-heading" id="h-tiktok">TikTok</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/10/11/bytedance-lays-off-hundreds-of-tiktok-employees-in-shift-to-ai-content-moderation/">hundreds of employees,</a> mainly in Malaysia, as the social network turns to AI for content moderation. The company said fewer than 500 people were affected.</p> <h3 class="wp-block-heading" id="h-samsung">Samsung</h3> <p class="wp-block-paragraph">Is <a rel="nofollow" href="https://www.bloomberg.com/news/articles/2024-10-01/samsung-to-cut-thousands-of-jobs-as-part-of-worldwide-layoffs">cutting jobs in Southeast Asia and Australia</a> to “improve operational efficiency.” A spokesperson told TechCrunch that it hasn’t “set a target number for any particular positions,” though the cuts could impact roughly 10% of workers in those markets</p> <h3 class="wp-block-heading" id="h-kasperksy">Kasperksy</h3> <p class="wp-block-paragraph">Is shutting down its UK office and <a href="https://techcrunch.com/2024/10/08/kasperksy-says-its-closing-down-its-uk-office-and-laying-off-dozens/">laying off dozens of workers,</a> TechCrunch has learned. The cuts come just three months after the company started closing down its U.S. operations. </p> <h3 class="wp-block-heading" id="h-nfx">NFX</h3> <p class="wp-block-paragraph">Laid off four employees as the firm looks to “rebalance” its resources from its software and product teams to its investing team, <a href="https://techcrunch.com/2024/10/07/vc-firm-nfx-laid-off-4-employees-and-plans-to-hire-more-investors/">general partner Pete Flint told TechCrunch.</a></p> <h3 class="wp-block-heading" id="h-eaze">Eaze</h3> <p class="wp-block-paragraph">Is <a rel="nofollow" href="https://www.sfgate.com/cannabis/article/eaze-california-layoffs-19820734.php">laying off 500 employees</a> as it begins winding down its operations. In a message to staff, <a rel="nofollow" href="https://www.linkedin.com/posts/cory-azzalino-87b11322_eazes-assets-were-sold-at-auction-on-august-activity-7248802826854825984-vrpu">CEO Cory Azzalino cited</a> the “ongoing challenges of the California cannabis market” as a reason for the closure. </p> <h3 class="wp-block-heading" id="h-pubmatic">PubMatic</h3> <p class="wp-block-paragraph">Eliminated <a rel="nofollow" href="https://www.businessinsider.com/adtech-company-pubmatic-layoffs-staff-reductions-2024-10">1% of its total workforce,</a> impacting roughly more than a dozen employees, as it reportedly pivots its business to connected-TV advertising.</p> <h3 class="wp-block-heading" id="h-tome">Tome</h3> <p class="wp-block-paragraph">Has laid off <a rel="nofollow" href="https://www.theinformation.com/briefings/early-generative-ai-startup-leader-tome-lays-of-31-of-staff">nearly a third of its employees</a> in a “resetting” attempt for the company. It’s <a rel="nofollow" href="https://www.theinformation.com/briefings/tome-another-early-generative-ai-startup-winner-lays-off-staff#:~:text=Another%20early%20leader%20among%20generative,59%20employees%2C%20the%20company%20confirmed.">the second layoff round</a> for the AI startup in 2024.</p> <h3 class="wp-block-heading" id="h-alma">Alma</h3> <p class="wp-block-paragraph">Has laid off <a rel="nofollow" href="https://bhbusiness.com/2024/10/02/citing-need-to-re-focus-resources-digital-therapy-platform-alma-lays-off-9-of-staff/">9% of its total workforce,</a> impacting most departments, as it aims for “long-term sustainability.”</p> <h3 class="wp-block-heading" id="h-flexport">Flexport</h3> <p class="wp-block-paragraph">Is reducing its headcount <a rel="nofollow" href="https://www.freightwaves.com/news/flexport-to-reduce-workforce-amid-company-reorganization">by about 2%.</a> It’s the second layoff round for Flexport this year, where the company cut <a href="https://techcrunch.com/2024/01/26/flexport-may-lay-off-workers-yet-again/">20% of its staff in January.</a></p> <h3 class="wp-block-heading" id="h-freshbooks">FreshBooks</h3> <p class="wp-block-paragraph">Let go of <a rel="nofollow" href="https://www.freshbooks.com/blog/a-letter-from-mara">140 employees</a> across all of its teams as it aims to reach profitability, CEO Mara Reiff announced in a blog post.</p> <h2 class="wp-block-heading" id="sept2024">September 2024</h2> <h3 class="wp-block-heading" id="h-shein">Shein</h3> <p class="wp-block-paragraph">Has cut <a rel="nofollow" href="https://marketech-apac.com/shein-lays-off-17-employees-in-sg-despite-local-growth-plans/">17 employees in Singapore</a> as the company prepares for an IPO at the London Stock Exchange.</p> <h3 class="wp-block-heading" id="h-drata">Drata</h3> <p class="wp-block-paragraph">The security compliance platform has laid off <a href="https://techcrunch.com/2024/09/26/security-compliance-unicorn-drata-lays-off-9-of-its-workforce/">9% of its workforce,</a> impacting 40 employees.</p> <h3 class="wp-block-heading" id="h-moov">Moov</h3> <p class="wp-block-paragraph">Reportedly laid off upwards of <a rel="nofollow" href="https://www.linkedin.com/posts/jasonmikula_andreessen-horowitz-backed-payment-infrastructure-activity-7244381710526689280-_P05/">50 employees</a>, though Moov itself has not yet confirmed the layoffs.</p> <h3 class="wp-block-heading" id="h-freightwaves">FreightWaves</h3> <p class="wp-block-paragraph">Eliminated <a rel="nofollow" href="https://www.timesfreepress.com/news/2024/sep/24/chattanoogas-freightwaves-eliminates-16-jobs/">16 jobs in sales, HR, and marketing,</a> citing a significant downturn in the freight market.</p> <h3 class="wp-block-heading" id="h-northvolt">Northvolt</h3> <p class="wp-block-paragraph">Is cutting <a rel="nofollow" href="https://www.cnbc.com/2024/09/23/battery-giant-northvolt-to-cut-25percent-of-swedish-workforce-in-cost-cutting-drive.html">25% of its global workforce</a> in an effort to cut costs. The layoffs impact upwards of 1,600 employees at the battery giant.</p> <h3 class="wp-block-heading" id="h-olo">Olo</h3> <p class="wp-block-paragraph">Is <a rel="nofollow" href="https://www.fsrmagazine.com/feature/olo-announces-layoffs-for-9-percent-of-staff/">reducing its workforce by 9%,</a> impacting roughly 50 employees, as it aims to fund future growth initiatives.</p> <h3 class="wp-block-heading" id="h-healthy-io">Healthy.io</h3> <p class="wp-block-paragraph">Cut <a rel="nofollow" href="https://www.calcalistech.com/ctechnews/article/rkbihy060">40 employees</a> across its markets in the U.S., the UK, and Israel. The cuts come after the Israeli healthtech firm <a rel="nofollow" href="https://www.businessinsider.com/digital-health-startups-slashing-staff-this-year-healthcare-layoffs-2023">laid off 70 employees in 2023.</a> </p> <h3 class="wp-block-heading" id="h-reverb">Reverb</h3> <p class="wp-block-paragraph">Reportedly <a rel="nofollow" href="https://www.valueaddedresource.net/etsy-reverb-layoffs-september-2024/">eliminated 40 roles.</a> The Chicago-based music gear marketplace was <a rel="nofollow" href="https://investors.etsy.com/press-releases/press-release-details/2019/Etsy-Completes-Acquisition-of-Reverb-a-Leading-Online-Marketplace-for-New-Used-and-Vintage-Musical-Instruments/default.aspx">acquired by Etsy in 2019</a>.</p> <h3 class="wp-block-heading" id="h-luminar">Luminar</h3> <p class="wp-block-paragraph">Is <a rel="nofollow" href="https://www.luminartech.com/updates/a-message-from-founder-ceo-austin-russell">reducing its staff by 30%</a> as part of a new cost-cutting measure, CEO Austin Russell announced in a blog post. The cuts are largely made up of “non-technical” roles.</p> <h3 class="wp-block-heading" id="h-notable-labs">Notable Labs</h3> <p class="wp-block-paragraph">Is eliminating <a rel="nofollow" href="https://www.bizjournals.com/sanfrancisco/news/2024/09/20/notable-labs-ntbl-layoffs.html">65% of its workforce and consultants</a> and pausing a clinical trial of its cancer treatment as it aims to minimize expenses.</p> <h3 class="wp-block-heading" id="h-crawtrawler">CrawTrawler</h3> <p class="wp-block-paragraph">Is cutting <a rel="nofollow" href="https://www.businesspost.ie/tech-news/cartrawler-to-cut-10-of-workforce-amid-strategic-shift-but-new-roles-will-follow/">10% of its workforce,</a> impacting roughly 40 employees. The company, however, said it will create 28 new roles as part of its new strategy.</p> <h3 class="wp-block-heading" id="h-applyboard">ApplyBoard</h3> <p class="wp-block-paragraph">Has eliminated <a rel="nofollow" href="https://www.thestar.com/news/canada/canadian-startup-that-has-helped-spur-our-international-student-growth-has-cut-its-workforce-in/article_fb0ea736-76dd-11ef-9288-9b2277ec34e4.html">4% of its total workforce</a> as it restructures its operations in Ontario.</p> <h3 class="wp-block-heading" id="h-qualcomm">Qualcomm</h3> <p class="wp-block-paragraph">Will lay off <a href="https://techcrunch.com/2024/09/19/chipmaker-qualcomm-lays-off-hundreds-of-workers-in-san-diego/">226 workers in San Diego</a> later this year, according to a California WARN notice. The decision comes less than a year after the chipmaker let go of <a rel="nofollow" href="https://www.cnn.com/2023/10/12/tech/qualcomm-layoffs/index.html">more than 1,250 workers.</a> </p> <h3 class="wp-block-heading" id="h-udemy">Udemy</h3> <p class="wp-block-paragraph">Will reduce its headcount in a new restructuring effort, <a rel="nofollow" href="https://www.marketwatch.com/story/udemy-to-cut-additional-jobs-as-part-of-restructuring-eb0a903a">impacting roughly 280 employees.</a> The company says that half of those affected by the cuts would be rehired, particularly if they work in lower cost markets.</p> <h3 class="wp-block-heading" id="h-amperity">Amperity</h3> <p class="wp-block-paragraph">Will lay off <a rel="nofollow" href="https://www.geekwire.com/2024/amperity-lays-off-13-of-staff-in-latest-cuts-for-customer-data-startup/">13% of its workforce.</a> The company previously <a rel="nofollow" href="https://www.geekwire.com/2024/amperity-lays-off-roughly-20-employees-in-minor-restructuring-for-seattle-startup/">laid off 20 employees</a> earlier this year, in addition to <a rel="nofollow" href="https://www.geekwire.com/2023/amperity-lays-off-workers-for-second-time-in-a-year-as-part-of-restructuring/">two other workforce reductions in 2023.</a></p> <h3 class="wp-block-heading" id="h-cisco">Cisco</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/09/17/ciscos-second-layoff-of-2024-affect-thousands-of-employees/">reducing its headcount by 7%,</a> impacting around 5,600 employees. The cuts follow another layoff round from the company this year, in which <a href="https://techcrunch.com/2024/09/12/tech-layoffs-2024-list/">4,000 employees were impacted.</a></p> <h3 class="wp-block-heading" id="h-microsoft">Microsoft</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/09/12/microsoft-lays-off-another-650-from-gaming-division/">laying off around 650 employees</a> in its gaming division. The layoffs come eight months after the gaming division <a href="https://techcrunch.com/2024/01/25/microsoft-lays-off-1900-employees-in-activision-blizzard-and-xbox-divisions/">faced 1,900 job cuts</a> after <a href="https://techcrunch.com/2023/10/12/microsofts-68-7b-activision-acquisition-clears-final-hurdle-as-uk-approves-restructured-deal/">Microsoft acquired Activision Blizzard.</a></p> <h3 class="wp-block-heading" id="h-nori-nbsp">Nori </h3> <p class="wp-block-paragraph">Has <a rel="nofollow" href="https://www.bizjournals.com/seattle/news/2024/09/09/nori-carbon-removal-shuts-down-green-tech.html">shut down its operations</a> citing a “tough funding environment,” co-founder Alexsandra Guerra <a rel="nofollow" href="https://www.linkedin.com/posts/alexsandraguerra_humbling-news-nori-has-officially-activity-7234973080819765250-X-he/">announced on LinkedIn.</a></p> <h3 class="wp-block-heading" id="h-bending-spoons">Bending Spoons</h3> <p class="wp-block-paragraph">Will lay off <a href="https://techcrunch.com/2024/09/08/bending-spoons-plans-to-lay-off-75-of-wetransfer-staff-after-acquisition/">75% of WeTransfer’s staff</a>. Bending Spoons acquired the file transfer service in July <a href="https://techcrunch.com/2024/07/31/bending-spoons-acquires-file-transfer-service-wetransfer/">for an undisclosed amount.</a></p> <h3 class="wp-block-heading" id="h-goop">Goop</h3> <p class="wp-block-paragraph">Is laying off <a rel="nofollow" href="https://www.businessinsider.com/gwyneth-paltrow-goop-lays-off-staff-refocuses-on-beauty-food-2024-9">18% of its 216-person staff</a> as the company shifts its focus to its beauty and food brands and deprioritize other areas like wellness and travel. </p> <h3 class="wp-block-heading" id="h-fly-io">Fly.io</h3> <p class="wp-block-paragraph">Has reportedly laid off <a rel="nofollow" href="https://x.com/bradgessler/status/1831020600841875887">around 40 employees</a> in what appears to be a restructuring effort for the company.</p> <h3 class="wp-block-heading" id="h-motif-foodworks">Motif FoodWorks</h3> <p class="wp-block-paragraph">Is reportedly <a rel="nofollow" href="https://agfundernews.com/exclusive-boston-based-foodtech-startup-motif-foodworks-is-closing-down">shutting down its operations</a> following a <a href="https://finance.yahoo.com/news/impossible-foods-motif-foodworks-dismiss-082900000.html">lengthy litigation battle</a> with competitor Impossible Foods.</p> <h2 class="wp-block-heading" id="august2024layoffs">August 2024</h2> <h3 class="wp-block-heading" id="h-character-ai">Character.AI</h3> <p class="wp-block-paragraph">Reportedly cut at least <a rel="nofollow" href="https://www.theinformation.com/briefings/character-ai-lays-off-at-least-5-of-its-staff">5% of its staff</a> in its marketing and recruiting departments.</p> <h3 class="wp-block-heading" id="h-apple">Apple</h3> <p class="wp-block-paragraph">Is <a href="https://www.bloomberg.com/news/articles/2024-08-28/apple-cuts-about-100-services-jobs-as-part-of-priority-shift" target="_blank" rel="noreferrer noopener nofollow">reportedly cutting around 100 jobs</a> in its digital services group, potentially impacting workers in the company’s <a href="https://techcrunch.com/2024/08/28/apple-reportedly-cuts-around-100-jobs-working-on-books-and-other-services/">Books and News teams.</a></p> <h3 class="wp-block-heading" id="h-brave">Brave</h3> <p class="wp-block-paragraph">Has laid off <a href="https://techcrunch.com/2024/08/28/brave-lays-off-27-employees/">27 employees</a> across the different departments, TechCrunch has learned. The cuts impact roughly 14% of the web browser and search startup’s total staff.</p> <h3 class="wp-block-heading" id="h-scale-ai">Scale AI</h3> <p class="wp-block-paragraph">Reportedly terminated <a href="https://www.inc.com/sam-blum/scale-ai-lays-off-workers-via-email-with-no-warning.html" target="_blank" rel="noreferrer noopener nofollow">more than 1,000 remote contract workers.</a> The company did not categorize the cuts as layoffs and says full-time employees have not been impacted.</p> <h3 class="wp-block-heading" id="h-skip-the-dishes">Skip the Dishes</h3> <p class="wp-block-paragraph">Is cutting 100 workers in Canada and 700 working for its parent company, Just Eat Takeaway.com, CEO Paul Burns <a href="https://www.linkedin.com/feed/update/urn:li:activity:7231664138849071104/" target="_blank" rel="noreferrer noopener nofollow">announced on LinkedIn</a>.</p> <h3 class="wp-block-heading" id="h-gopro">GoPro</h3> <p class="wp-block-paragraph">Will <a href="https://www.reuters.com/technology/gopro-cut-15-workforce-restructuring-push-2024-08-19/" target="_blank" rel="noreferrer noopener nofollow">reduce its total workforce by about 15%</a> before the end of the year as part of a major restructuring effort. The cuts will impact around 139 workers.</p> <h3 class="wp-block-heading" id="h-retention-com">Retention.com</h3> <p class="wp-block-paragraph">Laid off 40% of its staff, CEO Adam Robinson <a href="https://www.linkedin.com/posts/retentionadam_this-is-a-tough-post-to-write-last-friday-activity-7230266178835771392-VeMU/" target="_blank" rel="noreferrer noopener nofollow">wrote on LinkedIn</a>, impacting 15 employees.</p> <h3 class="wp-block-heading" id="h-loop">Loop</h3> <p class="wp-block-paragraph">Is <a href="https://www.linkedin.com/feed/update/urn:li:activity:7230197128617213952/" target="_blank" rel="noreferrer noopener nofollow">conducting layoffs</a> as the company goes through a “strategic shift” in priorities. The number of employees affected is currently unknown.</p> <h3 class="wp-block-heading" id="h-inuitive">Inuitive</h3> <p class="wp-block-paragraph">Is <a href="https://www.calcalistech.com/ctechnews/article/ry118noi90" target="_blank" rel="noreferrer noopener nofollow">cutting 20% of its workforce,</a> affecting around 80 employees. Inuitive CEO Shlomo Gadot is also stepping down from the company.</p> <h3 class="wp-block-heading" id="h-formlabs">Formlabs</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/08/15/3d-printing-stalwart-formlabs-confirms-small-number-of-layoffs/">laid off a “small number” of employees,</a> the company exclusively confirmed to TechCrunch. The 3D printing firm says the cuts occurred over the past two years and impact 40 employees out of its less than 750-person staff.</p> <h3 class="wp-block-heading" id="h-sonos-0">Sonos</h3> <p class="wp-block-paragraph">CEO Patrick Spence <a href="https://techcrunch.com/2024/08/14/sonos-ceo-patrick-spence-confirms-100-person-layoff/">confirmed with TechCrunch the company cut 100 employees</a> in a new layoff round, impacting 6% of Sonos’ workforce. Sonos previously <a href="https://www.theverge.com/2023/6/14/23760847/sonos-layoffs-weak-demand" target="_blank" rel="noreferrer noopener nofollow">reduced its headcount by 7%</a> in 2023.</p> <h3 class="wp-block-heading" id="h-cisco-0">Cisco</h3> <p class="wp-block-paragraph">Will reportedly eliminate <a href="https://www.reuters.com/technology/cisco-lay-off-thousands-more-second-job-cut-this-year-sources-say-2024-08-09/" target="_blank" rel="noreferrer noopener nofollow">thousands of jobs</a> in another round of layoffs this year. The company previously laid off more than <a href="https://www.reuters.com/technology/cisco-lay-off-5-workforce-2024-02-14/" target="_blank" rel="noreferrer noopener nofollow">4,000 employees</a> in February 2024.</p> <h3 class="wp-block-heading" id="h-tally">Tally</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/08/12/a16z-backed-fintech-tally-which-raised-172m-in-funding-is-shutting-down-after-running-out-of-cash/">shut down its operations</a> “after exploring all options” before running out of cash. The fintech previously helped users manage and pay off their credit card debt; it had 183 employees and was last valued at $855 million. </p> <h3 class="wp-block-heading" id="h-branch-io">Branch.io</h3> <p class="wp-block-paragraph">Has laid off <a href="https://9to5google.com/2024/08/09/nova-launcher-faces-rocky-future-after-dev-team-layoffs/" target="_blank" rel="noreferrer noopener nofollow">more than 100 employees</a>. Nova Launcher, which was acquired by Branch in 2022, said the cuts whittled down its team <a href="https://redirect.viglink.com/?format=go&jsonp=vglnk_172366602811112&key=b8f771eed689587b82c4635131ce08d7&libId=lzu9hw3101010l04000UL109ldrtgan0uv&loc=https%3A%2F%2F9to5google.com%2F2024%2F08%2F09%2Fnova-launcher-faces-rocky-future-after-dev-team-layoffs%2F&ccpaConsent=1---&v=1&out=https%3A%2F%2Fx.com%2FNovaLauncher%2Fstatus%2F1821657462455292026&title=Nova%20Launcher%20faces%20rocky%20future%20after%20dev%20team%20layoffs&txt=X%20account%20states" target="_blank" rel="noreferrer noopener nofollow">to one full-time developer</a>.</p> <h3 class="wp-block-heading" id="h-ready-robotics">READY Robotics</h3> <p class="wp-block-paragraph">Has reportedly <a href="https://www.therobotreport.com/ready-robotics-maker-of-forgeos-shuts-down/" target="_blank" rel="noreferrer noopener nofollow">stopped its operations</a>. The company is now auctioning off equipment through the <a href="https://svdisposition.com/auction-detail?id=663" target="_blank" rel="noreferrer noopener nofollow">Silicon Valley Disposition</a>.</p> <h3 class="wp-block-heading" id="h-eventbrite">Eventbrite</h3> <p class="wp-block-paragraph">Is cutting <a href="https://www.businessinsider.com/eventbrite-is-laying-off-11-of-its-staff-2024-8" target="_blank" rel="noreferrer noopener nofollow">around 100 employees,</a> accounting for 11% of its total workforce. The online ticketing company <a href="https://www.reuters.com/markets/us/ticketing-service-provider-eventbrite-lay-off-8-workforce-2023-02-28/" target="_blank" rel="noreferrer noopener nofollow">previously let go of 8% of its employees</a> in February 2023.</p> <h3 class="wp-block-heading" id="h-legalzoom">LegalZoom</h3> <p class="wp-block-paragraph"><a href="https://finance.yahoo.com/news/legalzoom-reports-second-quarter-2024-200100127.html" target="_blank" rel="noreferrer noopener">Announced it will reduce its global workforce by 15%</a> and pause future hiring efforts in an effort to save $25 million.</p> <h3 class="wp-block-heading" id="h-techstars">Techstars</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/08/07/techstars-is-laying-off-17-percent-ending-jp-morgan-backed-programs/">Is laying off 17% of its staff</a> and ending its $80 million J.P. Morgan-backed programs at the end of this year following a rocky period for the company that has included <a href="https://techcrunch.com/2024/04/29/inside-the-cold-war-at-techstars-as-ceo-maelle-gavet-hires-fires-fights-to-force-change/">financial losses and leadership shakeups</a>. </p> <h3 class="wp-block-heading" id="h-mobius">Mobius</h3> <p class="wp-block-paragraph"><a href="https://techpoint.africa/2024/08/06/mobius-to-shut-down/" target="_blank" rel="noreferrer noopener nofollow">Will completely shut down operations</a> after facing financial struggles. The Kenya-based SUV manufacturer <a href="https://www.reuters.com/business/autos-transportation/kenyas-mobius-maker-rugged-cars-african-roads-calls-it-day-2024-08-06/" target="_blank" rel="noreferrer noopener nofollow">reportedly cited tax hikes as a driving force of the decision</a>.</p> <h3 class="wp-block-heading" id="h-infineon">Infineon</h3> <p class="wp-block-paragraph">Will <a href="https://finance.yahoo.com/news/infineon-cut-1-400-jobs-125510481.html" target="_blank" rel="noreferrer noopener">cut 1,400 jobs globally,</a> including hundreds of roles at its German plant. The company said it will also relocate an additional 1,400 employees to countries with lower labor costs.</p> <h3 class="wp-block-heading" id="h-jam-city">Jam City</h3> <p class="wp-block-paragraph">Has eliminated <a href="https://www.pocketgamer.biz/jam-city-has-laid-off-10-of-its-workforce/" target="_blank" rel="noreferrer noopener nofollow">around 85 employees,</a> affecting 10% of the video game developer and publisher’s total workforce.</p> <h3 class="wp-block-heading" id="h-dell">Dell</h3> <p class="wp-block-paragraph">Will <a href="https://www.bloomberg.com/news/articles/2024-08-05/dell-layoffs-hit-sales-team-with-new-unit-focused-on-ai" target="_blank" rel="noreferrer noopener nofollow">conduct layoffs</a> as the company plans to get “leaner,” according to an internal memo, and create a new sales unit focused on AI products and services. The number of employees impacted is currently unknown.</p> <h3 class="wp-block-heading" id="h-intel">Intel</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/08/01/intel-to-lay-off-15000-employees/">Intel kicked off the month with substantial layoffs</a>, with 15,000 employees accounting for 15% of its total staff affected by the company’s cutbacks. “Our revenues have not grown as expected — and we’ve yet to fully benefit from powerful trends, like AI,” <a href="https://www.intel.com/content/www/us/en/newsroom/news/actions-accelerate-our-progress.html#gs.cgu66j" target="_blank" rel="noreferrer noopener nofollow">CEO Pat Gelsinger said in a memo</a> announcing the layoffs.</p> <h2 class="wp-block-heading" id="july2024layoffs">July 2024</h2> <h3 class="wp-block-heading" id="h-rad-power-bikes">Rad Power Bikes</h3> <p class="wp-block-paragraph">The e-bike startup that has raised more than $300 million from investors has also conducted five rounds of layoffs since April 2021, with <a href="https://techcrunch.com/2024/08/01/rad-power-bikes-layoffs/">TechCrunch exclusively learning that Red Power’s most recent layoffs</a> were conducted in July with an unknown number of Rad Power’s roughly 394 employees impacted.</p> <h3 class="wp-block-heading" id="h-match-group">Match Group</h3> <p class="wp-block-paragraph">Has discontinued <a href="https://techcrunch.com/2024/07/31/match-group-ends-live-streaming-service-layoffs/">livestreaming services across its dating apps,</a> specifically Plenty of Fish and BLK, as it shifts its focus to generative AI. The move will result in a 6% reduction in its total workforce.</p> <h3 class="wp-block-heading" id="h-bungie">Bungie</h3> <p class="wp-block-paragraph">Will cut <a href="https://techcrunch.com/2024/07/31/bungie-employees-say-they-were-caught-off-guard-by-17-staff-reduction/https://www.bungie.net/7/en/News/article/newpath/">220 employees,</a> representing around 17% of the game studio’s total workforce. <a href="https://bungie.net/7/en/News/article/newpath" target="_blank" rel="noreferrer noopener nofollow">CEO Pete Parsons said</a> the changes impact all levels of the company, including senior and executive leadership.</p> <h3 class="wp-block-heading" id="h-pocket-fm-0">Pocket FM</h3> <p class="wp-block-paragraph">Has reportedly eliminated roles for <a href="https://inc42.com/buzz/lightspeed-backed-pocket-fm-fires-around-200-writers/" target="_blank" rel="noreferrer noopener nofollow">nearly 200 U.S. writers</a> a month after the company <a href="https://techcrunch.com/2024/06/20/pocket-fm-partners-with-elevenlabs-to-convert-scripts-into-audio-content-quickly/">partnered with ElevenLabs</a> to quickly convert scripts into audio content using AI.</p> <h3 class="wp-block-heading" id="h-waycool-foods">WayCool Foods</h3> <p class="wp-block-paragraph">Has reportedly laid off <a href="https://www.moneycontrol.com/technology/not-cool-agritech-startup-waycool-fires-over-200-employees-in-third-round-of-layoffs-in-12-months-article-12778790.html" target="_blank" rel="noreferrer noopener nofollow">more than 200 employees</a> across several departments. It would be the agritech company’s third substantial layoff round in the past year.</p> <h3 class="wp-block-heading" id="h-webflow">Webflow</h3> <p class="wp-block-paragraph">Announced it will <a href="https://webflow.com/blog/restructuring-announcement" target="_blank" rel="noreferrer noopener nofollow">eliminate roughly 8% of its workforce</a> as the company works toward its “next phase of growth.”</p> <h3 class="wp-block-heading" id="h-cohere">Cohere</h3> <p class="wp-block-paragraph">Is reportedly laying off <a href="https://fortune.com/2024/07/23/after-500-million-funding-ai-startup-cohere-layoffs/" target="_blank" rel="noreferrer noopener nofollow">about 20 employees</a>, accounting for nearly 5% of its total workforce. The cuts came the day after the company <a href="https://techcrunch.com/2024/07/22/cohere-raises-500m-to-beat-back-generative-ai-rivals/">announced it raised $500 million at a $5 billion valuation</a>.</p> <h3 class="wp-block-heading" id="h-magic-leap">Magic Leap</h3> <p class="wp-block-paragraph">Reportedly <a href="https://www.bloomberg.com/news/articles/2024-07-19/magic-leap-cuts-sales-marketing-teams-in-ar-about-face" target="_blank" rel="noreferrer noopener nofollow">eliminated around 75 of its workers.</a> As part of the cuts, the augmented reality startup reportedly axed its sales and marketing departments entirely.</p> <h3 class="wp-block-heading" id="h-mercari">Mercari</h3> <p class="wp-block-paragraph">Is reportedly laying off <a href="https://asia.nikkei.com/Business/Retail/Japan-marketplace-app-Mercari-lays-off-almost-half-its-U.S.-workforce" target="_blank" rel="noreferrer noopener nofollow">nearly half of its employees</a> in the U.S. as the Japan-based company struggles to compete with other e-commerce rivals like Temu.</p> <h3 class="wp-block-heading" id="h-aqua">Aqua</h3> <p class="wp-block-paragraph">Is eliminating <a href="https://www.calcalistech.com/ctechnews/article/rky00s7rd0" target="_blank" rel="noreferrer noopener nofollow">50 employees</a>, accounting for 10% of its total workforce. Earlier this year, <a href="https://techcrunch.com/2024/01/03/cloud-native-cybersecurity-startup-aqua-security-raises-60m-and-remains-a-unicorn/">the cybersecurity company raised $60 million</a> at a $1 billion valuation, making it a <a href="https://techcrunch.com/2023/11/02/unicorn-tenth-anniversary/">unicorn.</a></p> <h3 class="wp-block-heading" id="h-everc">EverC</h3> <p class="wp-block-paragraph">Is reportedly laying off <a href="https://www.calcalistech.com/ctechnews/article/bjrddqr00r" target="_blank" rel="noreferrer noopener nofollow">10% of its 165-person workforce</a>. The company develops cyber intelligence software that helps prevent online fraud.</p> <h3 class="wp-block-heading" id="h-lex">Lex</h3> <p class="wp-block-paragraph">Has laid off <a href="https://www.businessinsider.com/queer-social-network-lex-lays-off-staff-growth-startup-dating-2024-7" target="_blank" rel="noreferrer noopener nofollow">the majority of its roughly eight-person staff</a> as the LGBTQ+ social networking site struggles to monetize its product. Last year, the company’s third, <a href="https://techcrunch.com/2023/10/02/queer-social-app-lex-gets-a-new-ceo-and-5-6m-to-grow/">Lex raised $5.6 million in seed funding</a> and elevated co-founder Jennifer Lewis from COO to CEO.</p> <h3 class="wp-block-heading" id="h-monarch-tractor">Monarch Tractor</h3> <p class="wp-block-paragraph">Cut “less than” 15% of its 250- to 300-person workforce as part of a necessary reshuffling following a <a href="https://techcrunch.com/2024/07/22/monarch-tractor-ceo-says-133m-raise-will-help-it-escape-quite-a-challenging-time/">$133 million Series C funding round,</a> TechCrunch has learned.</p> <h3 class="wp-block-heading" id="h-kaspersky">Kaspersky</h3> <p class="wp-block-paragraph">Will lay off <a href="https://techcrunch.com/2024/07/16/kaspersky-to-shut-down-us-operations-lay-off-employees-after-us-government-ban/">dozens of employees</a> and leave the U.S. market completely following a U.S. government order that <a href="https://techcrunch.com/2024/06/20/us-bans-kaspersky-software-security-risk-russia/">banned the sale of the company’s software</a> due to security risks.</p> <h3 class="wp-block-heading" id="h-salesforce-0">Salesforce</h3> <p class="wp-block-paragraph">Eliminated <a href="https://www.bloomberg.com/news/articles/2024-07-15/salesforce-cuts-about-300-jobs-in-latest-sign-of-tech-austerity" target="_blank" rel="noreferrer noopener nofollow">about 300 employees</a> in its workforce as it rolls out a broader effort to cut costs and streamline its operations.</p> <h3 class="wp-block-heading" id="h-intuit">Intuit</h3> <p class="wp-block-paragraph"><a href="https://www.intuit.com/blog/news-social/investing-in-our-future/" target="_blank" rel="noreferrer noopener nofollow">Will cut 1,800 employees</a>, impacting 10% of its workforce. The company says more than half were cut due to low performance and aims to hire approximately the same number of employees instead of cutting costs.</p> <h3 class="wp-block-heading" id="h-uipath">UiPath</h3> <p class="wp-block-paragraph">Plans <a href="https://www.cnbc.com/2024/07/09/uipath-layoffs-company-to-cut-10percent-of-workforce.html" target="_blank" rel="noreferrer noopener nofollow">to cut 420 jobs,</a> 10% of its total workforce, as the company undergoes a large restructuring effort.</p> <h3 class="wp-block-heading" id="h-ukg">UKG</h3> <p class="wp-block-paragraph">Cut an <a href="https://www.bizjournals.com/boston/news/2024/07/03/ukg-cuts-14-of-its-workforce.html" target="_blank" rel="noreferrer noopener nofollow">estimated 2,200 employees,</a> amounting to nearly 14% of its workforce, as the software company attempts to redirect its resources into “key areas of product innovation.”</p> <h3 class="wp-block-heading" id="h-opentext">OpenText</h3> <p class="wp-block-paragraph">Plans <a href="https://www.reuters.com/technology/opentext-lay-off-nearly-1200-employees-2024-07-03/" target="_blank" rel="noreferrer noopener nofollow">to cut roughly 1,200 jobs,</a> amounting to almost 2% of its total workforce, as the information management company plans to significantly reduce its expenses by 2025.</p> <h3 class="wp-block-heading" id="h-unacademy">Unacademy</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/07/02/indian-edtech-unacademy-cuts-another-250-jobs/">Is laying off about 250 employees</a> in the latest in a series of job cuts after schools reopened across India following pandemic lockdowns. </p> <h3 class="wp-block-heading" id="h-koo">Koo</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/07/02/indian-social-network-koo-to-shut-down/">Is ceasing its operations</a> after its last-resort acquisition talks with Dailyhunt collapsed. </p> <h3 class="wp-block-heading" id="h-upside-foods">Upside Foods </h3> <p class="wp-block-paragraph"><a href="https://www.wired.com/story/leading-lab-grown-meat-company-cuts-dozens-of-jobs-upside-foods-cultivated-chicken/" target="_blank" rel="noreferrer noopener nofollow">Has cut its workforce by 26 people</a>, CEO Uma Valeti wrote in an email to staff, as the lab-grown meat industry sees a decline in VC funding.</p> <h3 class="wp-block-heading" id="h-sightful">Sightful</h3> <p class="wp-block-paragraph"><a href="https://www.calcalistech.com/ctechnews/article/rkeyfjlv0" target="_blank" rel="noreferrer noopener nofollow">Is eliminating 20 employees</a>, amounting to a third of its total workforce, as the company shifts its focus to software development.</p> <h2 class="wp-block-heading" id="june2024layoffs">June 2024</h2> <h3 class="wp-block-heading" id="h-realpage">RealPage</h3> <p class="wp-block-paragraph">Will cut <a href="https://www.bisnow.com/national/news/multifamily/realpage-to-lay-off-4-of-its-workforce-price-fixing-allegations-124885" target="_blank" rel="noreferrer noopener nofollow">approximately 4% of its workforce</a> as part of a plan to boost growth, though the company is also one of many within its field <a rel="nofollow" href="https://www.reuters.com/legal/litigation/first-settlements-reached-realpage-rental-price-fixing-lawsuits-2024-02-05/">facing a consolidated lawsuit alleging they engaged in price fixing</a>.</p> <h3 class="wp-block-heading" id="h-planet">Planet</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://spacenews.com/planet-lays-off-17-of-workforce/">Intends to lay off roughly 180 employees</a>, amounting to 17% of its workforce, according to an SEC filing that amounts to <a rel="nofollow" href="https://www.planet.com/pulse/a-note-from-our-ceo/">its second recent round of layoffs</a>.</p> <h3 class="wp-block-heading" id="h-moxion-power">Moxion Power</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.sfgate.com/tech/article/moxion-power-layoffs-after-expansion-19541807.php">Is laying off more than 100 employees</a>, according to a WARN filing. The news of the cuts comes after the company launched a large office expansion in Richmond, California.</p> <h3 class="wp-block-heading" id="h-ebay">eBay</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.calcalistech.com/ctechnews/article/rysmrkfua">Is reportedly conducting layoffs in Israel</a> as it goes through a global restructuring.</p> <h3 class="wp-block-heading" id="h-bereal">BeReal</h3> <p class="wp-block-paragraph">Is reportedly cutting <a rel="nofollow" href="https://www.businessinsider.com/bereal-layoffs-after-acquisition-voodoo-2024-6">a large number of its staff</a> after being <a href="https://techcrunch.com/2024/06/15/deal-dive-bereal-got-its-best-case-scenario-exit/">acquired by French gaming company Voodoo</a>.</p> <h3 class="wp-block-heading" id="h-flutterwave">Flutterwave</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://techcabal.com/2024/06/24/flutterwave-lays-off-3-of-its-workforce/">Has laid off about 30 people</a>, accounting for 3% of its workforce, as it refocuses its business to enterprise.</p> <h3 class="wp-block-heading" id="h-ginkgo-bioworks">Ginkgo Bioworks</h3> <p class="wp-block-paragraph"><a href="https://www.bostonglobe.com/2024/06/20/business/gingko-bioworks-layoffs/" target="_blank" rel="noreferrer noopener nofollow">Terminated 158 employees,</a> with another batch of layoffs expected to come as the company aims to reduce its workforce by 25%.</p> <h3 class="wp-block-heading" id="h-moovit">Moovit</h3> <p class="wp-block-paragraph">Is making cuts to <a href="https://www.calcalistech.com/ctechnews/article/h10s7illc" target="_blank" rel="noreferrer noopener nofollow">10% of its workforce,</a> impacting around 20 to 25 employees.</p> <h3 class="wp-block-heading" id="h-wex">Wex</h3> <p class="wp-block-paragraph">Is laying off <a href="https://www.pressherald.com/2024/06/18/wex-is-laying-off-375-employees-worldwide/" target="_blank" rel="noreferrer noopener nofollow">375 employees,</a> accounting for 5% of its total workforce.</p> <h3 class="wp-block-heading" id="h-paypal">PayPal</h3> <p class="wp-block-paragraph">Will eliminate <a href="https://www.irishexaminer.com/business/companies/arid-41418832.html" target="_blank" rel="noreferrer noopener nofollow">up to 85 employees</a> based in Ireland, the company announced.</p> <h3 class="wp-block-heading" id="h-rapyd">Rapyd</h3> <p class="wp-block-paragraph">Is reportedly <a href="https://www.calcalistech.com/ctechnews/article/h1vvoykur" target="_blank" rel="noreferrer noopener nofollow">laying off around 30 employees</a> in Israel and will move positions to other regions to cut costs.</p> <h3 class="wp-block-heading" id="h-c2fo">C2FO</h3> <p class="wp-block-paragraph">Cut <a href="https://www.bizjournals.com/kansascity/news/2024/06/18/c2fo-layoffs-supplier-relations-managers.html" target="_blank" rel="noreferrer noopener nofollow">16 employees</a> in its supplier resource management department as it focuses on automation.</p> <h3 class="wp-block-heading" id="h-chegg-0">Chegg</h3> <p class="wp-block-paragraph">Is reducing <a href="https://www.businesswire.com/news/home/20240617323391/en/Chegg-Announces-Restructuring-Plan-and-New-Vision-for-Growth" target="_blank" rel="noreferrer noopener nofollow">its global headcount by 23%</a> in a major restructuring effort as the online learning platform aims to become a “leaner” operation.</p> <h3 class="wp-block-heading" id="h-stackpath">StackPath</h3> <p class="wp-block-paragraph">Is <a href="https://43963146.hs-sites.com/important-notice-stackpath-immediate-end-of-life" target="_blank" rel="noreferrer noopener nofollow">closing up shop</a> and liquidating its assets. The number of employees affected is currently unknown.</p> <h3 class="wp-block-heading" id="h-unit">Unit</h3> <p class="wp-block-paragraph">Is <a href="https://www.unit.co/a-note-to-our-team" target="_blank" rel="noreferrer noopener nofollow">reducing its headcount by 15%</a> as the company attempts to “think in longer time frames,” the company announced in a blog post.</p> <h3 class="wp-block-heading" id="h-loop-0">Loop</h3> <p class="wp-block-paragraph">Is making more cuts, co-CEO Carey Anne Nadeau <a href="https://www.linkedin.com/posts/careyannenadeau_here-is-the-email-i-shared-with-staff-we-activity-7208501609939505152-3Hjz" target="_blank" rel="noreferrer noopener nofollow">announced on LinkedIn</a>. The number of employees impacted is currently unknown.</p> <h3 class="wp-block-heading" id="h-care-of">Care/of</h3> <p class="wp-block-paragraph">Will lay off <a href="https://techcrunch.com/2024/06/15/subscription-vitamin-company-care-of-is-shutting-down/">its 143 employees</a> by July 3 due to a “funding loss,” and will no longer be accepting new orders. The company has not shut down fully though, telling TechCrunch: “We are actively exploring options for the brand but do not have anything definitive to communicate at this time.”</p> <h3 class="wp-block-heading" id="h-running-tide">Running Tide</h3> <p class="wp-block-paragraph">Shut down its operations and <a href="https://www.pressherald.com/2024/06/15/portland-startup-that-became-global-leader-in-capturing-carbon-shuts-down-lays-off-all-staff/" target="_blank" rel="noreferrer noopener nofollow">laid off its remaining employees</a> after raising more than $50 million since its 2017 start.</p> <h3 class="wp-block-heading" id="h-satellogic">Satellogic</h3> <p class="wp-block-paragraph">Is laying off <a href="https://spacenews.com/satellogic-announces-new-round-of-layoffs/" target="_blank" rel="noreferrer noopener nofollow">70 employees,</a> about 30% of its workforce, three weeks after an earlier round of cuts impacted 34 employees.</p> <h3 class="wp-block-heading" id="h-bytedance">ByteDance</h3> <p class="wp-block-paragraph">Is slashing <a href="https://www.bloomberg.com/news/articles/2024-06-12/bytedance-to-cut-450-jobs-in-indonesia-after-tokopedia-deal" target="_blank" rel="noreferrer noopener nofollow">around 450 jobs</a> at its Indonesian e-commerce division, accounting for 9% of the unit. </p> <h3 class="wp-block-heading" id="h-vrchat">VRChat</h3> <p class="wp-block-paragraph">Has eliminated around <a href="https://ask.vrchat.com/t/an-email-from-our-ceo/25060" target="_blank" rel="noreferrer noopener nofollow">30% of its total workforce</a>, CEO Graham Gaylor confirmed in a statement.</p> <h3 class="wp-block-heading" id="h-paytm">Paytm</h3> <p class="wp-block-paragraph">Is reportedly <a href="https://www.livemint.com/companies/news/paytm-job-cuts-employee-layoffs-allege-forced-resignations-no-severance-pay-informal-process-bonuses-return-more-report-11718348135373.html" target="_blank" rel="noreferrer noopener nofollow">conducting large cuts</a> across the company. The total number of employees impacted is currently unknown.</p> <h3 class="wp-block-heading" id="h-kissflow">Kissflow</h3> <p class="wp-block-paragraph">Has cut <a href="https://economictimes.indiatimes.com/tech/startups/bootstrapped-saas-startup-kissflow-culls-11-workforce/articleshow/110875509.cms?from=mdr" target="_blank" rel="noreferrer noopener nofollow">around 45 jobs</a> as part of a restructuring effort.</p> <h3 class="wp-block-heading" id="h-copia-global">Copia Global</h3> <p class="wp-block-paragraph">Has laid off at least <a href="https://techcabal.com/2024/06/06/copia-layoffs-kenya/" target="_blank" rel="noreferrer noopener nofollow">1,060 employees</a> two weeks after the startup <a href="https://impactalpha.com/african-e-commerce-darling-copia-files-for-administration-as-funding-dries-up/" target="_blank" rel="noreferrer noopener nofollow">filed for administration.</a></p> <h3 class="wp-block-heading" id="h-revel">Revel</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/06/06/revels-latest-pivot-ditching-all-employee-ride-hail-in-favor-of-gig-worker-model/">its 1,000+ staff drivers</a> as it embraces a gig worker model similar to that of Lyft and Uber.</p> <h3 class="wp-block-heading" id="h-simpl">Simpl</h3> <p class="wp-block-paragraph">Has <a href="https://economictimes.indiatimes.com/tech/startups/bnpl-startup-simpl-undertakes-another-round-of-layoffs-rejigs-senior-leadership/articleshow/110764659.cms?from=mdr" target="_blank" rel="noreferrer noopener nofollow">cut 30 employees</a> a month after the Bengaluru-based startup laid off 160 people.</p> <h3 class="wp-block-heading" id="h-oda">Oda</h3> <p class="wp-block-paragraph">Has confirmed <a href="https://techcrunch.com/2024/06/05/softbank-backed-grocery-startup-oda-lays-off-150-resets-focus-on-norway-and-sweden/">layoffs of 150 jobs</a> as it drastically scales back its expansion ambitions to focus on its markets in Norway and Sweden.</p> <h3 class="wp-block-heading" id="h-pagaya">Pagaya</h3> <p class="wp-block-paragraph">Is <a href="https://www.calcalistech.com/ctechnews/article/h19floaec" target="_blank" rel="noreferrer noopener nofollow">laying off 100 workers,</a> or 20% of its staff, in another round of cuts.</p> <h3 class="wp-block-heading" id="h-moonpay">MoonPay</h3> <p class="wp-block-paragraph">Is reportedly laying off <a href="https://www.theblock.co/post/298638/moonpay-lays-off-10-staff" target="_blank" rel="noreferrer noopener nofollow">10% of its workforce,</a> amounting to around 30 people.</p> <h3 class="wp-block-heading" id="h-microsoft-0">Microsoft</h3> <p class="wp-block-paragraph">Is reportedly <a href="https://www.businessinsider.com/microsoft-cuts-azure-jobs-cloud-2024-6" target="_blank" rel="noreferrer noopener nofollow">cutting hundreds of employees</a> working in its Azure cloud business, though the exact number of employees impacted is currently unknown.</p> <h3 class="wp-block-heading" id="h-orcam">OrCam</h3> <p class="wp-block-paragraph">Is laying off <a href="https://www.calcalistech.com/ctechnews/article/skd15oj4a" target="_blank" rel="noreferrer noopener nofollow">100 employees</a> months after reducing its headcount by 50 workers.</p> <h3 class="wp-block-heading" id="h-google">Google</h3> <p class="wp-block-paragraph">Is reportedly <a href="https://www.businessinsider.com/google-cloud-layoffs-job-cuts-employees-globally-2024-5" target="_blank" rel="noreferrer noopener nofollow">making large cuts globally</a> across several of its Cloud teams, including teams focused on sustainability, consulting and partner engineering.</p> <h3 class="wp-block-heading" id="h-tropic">Tropic</h3> <p class="wp-block-paragraph">Is eliminating 40 employees as part of a restructuring effort, CEO David Campbell wrote <a href="https://www.linkedin.com/feed/update/urn:li:activity:7202356908194758657/" target="_blank" rel="noreferrer noopener nofollow">in a post on LinkedIn</a>. </p> <h2 class="wp-block-heading" id="may2024layoffs">May 2024</h2> <h3 class="wp-block-heading" id="h-gro-intelligence">Gro Intelligence</h3> <p class="wp-block-paragraph">Is <a href="https://agfundernews.com/breaking-ag-insights-platform-gro-intelligence-is-closing-down" target="_blank" rel="noreferrer noopener nofollow">shutting down its operations</a> after laying off 60% of its staff in March in an attempt to stay afloat.</p> <h3 class="wp-block-heading" id="h-jasper-health">Jasper Health</h3> <p class="wp-block-paragraph">Has laid off a <a href="https://techcrunch.com/2024/05/31/general-catalyst-backed-jasper-health-lays-off-staff/">substantial part of its workforce</a>, TechCrunch learned. Engineering and product design departments were most impacted by the cuts at the cancer care platform startup.</p> <h3 class="wp-block-heading" id="h-cirium">Cirium</h3> <p class="wp-block-paragraph">Is laying off <a href="https://www.oregonlive.com/silicon-forest/2024/05/flight-tracking-company-cirium-will-lay-off-37-portland-tech-workers.html" target="_blank" rel="noreferrer noopener nofollow">37 tech workers at FlightStats</a>, the flight tracking startup it acquired in 2016, as it plans to consolidate its operations in India and the U.K.</p> <h3 class="wp-block-heading" id="h-walnut">Walnut</h3> <p class="wp-block-paragraph">Is <a href="https://www.calcalistech.com/ctechnews/article/hj71t1b4r" target="_blank" rel="noreferrer noopener nofollow">cutting 15 employees</a> in a round of layoffs, impacting 20% of the Israeli startup’s total workforce.</p> <h3 class="wp-block-heading" id="h-fisker">Fisker</h3> <p class="wp-block-paragraph">Has laid off <a href="https://techcrunch.com/2024/05/29/fisker-layoffs-workers-restructuring-bankruptcy/">hundreds of employees</a> in a bid to keep <a href="https://techcrunch.com/2024/05/31/fisker-collapse-investigation-ev-ocean-suv-henrik-geeta/">the EV startup alive</a>. One current and one laid off employee told TechCrunch exclusively that an estimated 150 people remain at the company.</p> <h3 class="wp-block-heading" id="h-cue-health">Cue Health</h3> <p class="wp-block-paragraph">Is <a href="https://www.sandiegouniontribune.com/business/story/2024-05-21/san-diego-covid-19-testmaker-cue-health-is-shutting-down" target="_blank" rel="noreferrer noopener nofollow">shutting down its operations</a> and laying off the rest of its staff. The COVID-19 test company laid off half of its workforce earlier this month to cut costs.</p> <h3 class="wp-block-heading" id="h-foursquare">Foursquare</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/05/23/foursquare-just-laid-off-105-employees/">let go of 105 employees</a> as the company seeks to “streamline” its operations, according to an email to staffers from current CEO Gary Little.</p> <h3 class="wp-block-heading" id="h-lucid-motors">Lucid Motors</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/05/24/lucid-motors-layoffs-restructuring-gravity-suv/">about 400 employees</a>, roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this year.</p> <h3 class="wp-block-heading" id="h-tiktok-0">TikTok</h3> <p class="wp-block-paragraph">Will <a href="https://www.theinformation.com/articles/tiktok-plans-layoffs-of-operations-and-marketing-employees" target="_blank" rel="noreferrer noopener nofollow">reportedly make large cuts</a> to its global operations and marketing teams. The amount of employees impacted is currently unknown.</p> <h3 class="wp-block-heading" id="h-pixar">Pixar</h3> <p class="wp-block-paragraph">Will reportedly cut <a href="https://www.nytimes.com/2024/05/21/business/media/pixar-layoffs-disney.html" target="_blank" rel="noreferrer noopener nofollow">14% of its staff</a>, impacting 175 employees, as the company shifts its focus from original Disney+ programming back to films.</p> <h3 class="wp-block-heading" id="h-replit">Replit</h3> <p class="wp-block-paragraph">Let go of <a href="https://www.theinformation.com/briefings/ai-coding-startup-replit-cuts-20-of-staff-shifts-to-enterprise-sales" target="_blank" rel="noreferrer noopener nofollow">20% of its staff</a> as the coding startup shifts its focus to enterprise sales.</p> <h3 class="wp-block-heading" id="h-seekout">SeekOut</h3> <p class="wp-block-paragraph">Cut <a href="https://techcrunch.com/2024/05/20/seekout-layoffs-30percent-talent-search-tigerglobal/" target="_blank" rel="noreferrer noopener">about 30% of its total workforce</a>. The recruiting startup that uses AI to find candidates was last valued at over <a href="https://techcrunch.com/2022/01/12/tiger-doubles-down-on-seekout-which-just-raised-115m-to-help-enterprises-hire-and-retain-talent/" target="_blank" rel="noreferrer noopener">$1.2 billion in January 2022</a>.</p> <h3 class="wp-block-heading" id="h-gopuff">Gopuff</h3> <p class="wp-block-paragraph">Eliminated <a href="https://www.theinformation.com/briefings/gopuff-cuts-6-of-corporate-staff-in-fresh-layoffs" target="_blank" rel="noreferrer noopener nofollow">6% of its staff</a> in another round of layoffs as the fast-delivery startup attempts to become cash-flow positive by the end of 2024.</p> <h3 class="wp-block-heading" id="h-atmosphere">Atmosphere</h3> <p class="wp-block-paragraph">Plans to lay off <a href="https://www.mysanantonio.com/business/article/atmosphere-layoffs-2024-19460289.php" target="_blank" rel="noreferrer noopener nofollow">106 employees</a>, according to a WARN notice filed in Texas. </p> <h3 class="wp-block-heading" id="h-mainvest">Mainvest</h3> <p class="wp-block-paragraph">Has <a href="https://mainvest.notion.site/Investor-Support-Hub-45c61ca735dd4daf8203c28d8945f9ff" target="_blank" rel="noreferrer noopener nofollow">shut down its operations</a>. The number of employees affected is currently unknown.</p> <h3 class="wp-block-heading" id="h-indeed">Indeed</h3> <p class="wp-block-paragraph">Is cutting roughly 1,000 jobs, impacting 8% of the company’s headcount, <a href="https://www.indeed.com/press/releases/a-message-from-our-ceo-chris-hyams-2?co=US" target="_blank" rel="noreferrer noopener nofollow">CEO Chris Hyams wrote in a letter to staff</a>.</p> <h3 class="wp-block-heading" id="h-motional">Motional</h3> <p class="wp-block-paragraph">Cut around 40% of its workforce, impacting about 550 employees, <a href="https://techcrunch.com/2024/05/14/motional-cut-about-550-employees-around-40-in-recent-restructuring-sources-say/" target="_blank" rel="noreferrer noopener">sources told TechCrunch</a>. The company’s chief operating officer, Abe Ghabra, has also left the company.</p> <h3 class="wp-block-heading" id="h-google-0">Google</h3> <p class="wp-block-paragraph">Will eliminate <a href="https://www.sfchronicle.com/tech/article/tech-layoffs-google-rivian-19451076.php" target="_blank" rel="noreferrer noopener nofollow">57 positions in San Francisco</a>, according to a WARN notice filed in California.</p> <h3 class="wp-block-heading" id="h-vacasa">Vacasa</h3> <p class="wp-block-paragraph">Is <a href="https://skift.com/2024/05/09/vacasa-told-employees-about-layoffs-restructuring-and-leadership-changes/" target="_blank" rel="noreferrer noopener nofollow">eliminating 800 employees</a>, accounting for 13% of its workforce, as part of a restructuring effort.</p> <h3 class="wp-block-heading" id="h-brilliant">Brilliant</h3> <p class="wp-block-paragraph">Told The Verge it has <a href="https://www.theverge.com/2024/5/8/24150346/brilliant-smart-home-lighting-out-of-business" target="_blank" rel="noreferrer noopener nofollow">laid off most of its staff</a> and is no longer selling its smart home controllers and light switches as it looks for a buyer.</p> <h3 class="wp-block-heading">Enovix</h3> <p class="wp-block-paragraph">Laid off <a rel="nofollow" href="https://www.theinformation.com/articles/battery-developer-enovix-lays-off-roughly-one-third-of-staff">roughly 170 workers</a>, impacting a third of its total headcount, in an effort to cut back on annual operating costs. </p> <h3 class="wp-block-heading">Microsoft</h3> <p class="wp-block-paragraph">Closed Arkane Austin, Tango Gameworks, and more game studios as part of <a rel="nofollow" href="https://www.ign.com/articles/microsoft-closes-redfall-developer-arkane-austin-hifi-rush-developer-tango-gameworks-and-more-in-devastating-cuts-at-bethesda">cuts at Bethesda</a>. It’s currently unclear how many employees will be impacted.</p> <h3 class="wp-block-heading">Cue Health</h3> <p class="wp-block-paragraph">Is eliminating 230 employees, about 49% of its workforce, in a cost cutting measure laid out in <a rel="nofollow" href="https://cuehealth.gcs-web.com/node/8561/ixbrl-viewer">documents filed with the U.S. SEC</a>.</p> <h3 class="wp-block-heading">Luminar</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/05/03/luminar-layoffs-reduction-restructuring-lidar/">slashing its workforce by 20%</a>. The cuts will affect around 140 employees, and the company is also cutting ties with “the majority” of its contract workers.</p> <h3 class="wp-block-heading">Sprinklr</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/05/03/sprinklr-lays-off-more-than-100-employees/">laid off about 3% of its workforce</a>, impacting 116 people, the company confirmed to TechCrunch in a statement. The cuts come over a year after the company <a href="https://techcrunch.com/2023/02/15/sprinklr-layoffs-2023/">eliminated about 4% of its headcount</a>.</p> <h3 class="wp-block-heading">Peloton</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/05/02/peloton-announces-400-layoffs-15-of-the-workforce-as-ceo-barry-mccarthy-departs/">Is laying off 15% of its workforce</a>, affecting about 400 people, as part of a cost-cutting effort. The company’s CEO Barry McCarthy is also stepping down.</p> <h2 class="wp-block-heading" id="april2024layoffs">April 2024</h2> <h3 class="wp-block-heading">Tesla</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/04/30/elon-musk-tesla-charging-policy-layoffs-cuts/">Has gutted its charging team in a new round of layoffs</a>, CEO Elon Musk announced in an overnight email to executives.</p> <h3 class="wp-block-heading">Google</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/04/29/google-lays-off-staff-from-flutter-dart-python-weeks-before-its-developer-conference/">Has laid off staff across key teams like Flutter, Dart and Python</a>. It is currently unclear how many employees were let go.</p> <h3 class="wp-block-heading">Fisker</h3> <p class="wp-block-paragraph">Is laying off more employees to “preserve cash,” <a href="https://techcrunch.com/2024/04/29/fisker-layoffs-staff-email-cuts-bankruptcy-sale/">according to an internal email viewed by TechCrunch</a>. The number of cuts is currently unknown.</p> <h3 class="wp-block-heading">Getir</h3> <p class="wp-block-paragraph">Is shutting down operations in the U.S., the U.K. and Europe, <a href="https://techcrunch.com/2024/04/29/getir-getout-instant-delivery/">impacting at least 6,000 jobs across the closing markets</a>.</p> <h3 class="wp-block-heading">Ola</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/04/29/indian-ride-hailing-giant-ola-cuts-180-jobs-in-profitability-push/">Is cutting about 180 jobs</a> in a profitability push and has let go its chief executive Hemant Bakshi, a source familiar with the matter told TechCrunch.</p> <h3 class="wp-block-heading">True Anomaly</h3> <p class="wp-block-paragraph">The space and defense startup laid off nearly 30 people, accounting for about 25% of its workforce, due to “duplication of roles and functions across the company,” <a href="https://techcrunch.com/2024/04/25/defense-space-startup-true-anomaly-layoffs-cancels-internship/">TechCrunch exclusively reported.</a></p> <h3 class="wp-block-heading">Expedia</h3> <p class="wp-block-paragraph">Is expected to <a rel="nofollow" href="https://www.bizjournals.com/austin/news/2024/04/24/expedia-layoffs-austin-employees.html">cut employees in its Austin office</a> for the second time this year.</p> <h3 class="wp-block-heading">Nike</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.usatoday.com/story/money/business/2024/04/20/nike-layoffs-2024/73396096007/">Plans to eliminate 740 employees</a> at its Oregon headquarters this summer, according to a WARN Act notice.</p> <h3 class="wp-block-heading">Stability AI</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.cnbc.com/2024/04/18/ai-startup-stability-lays-off-10percent-of-employees-after-ceo-exit.html">Is eliminating 10% of its workforce</a> following the exit of former CEO Emad Mostaque.</p> <h3 class="wp-block-heading">Google</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.reuters.com/technology/google-lays-off-employees-shifts-some-roles-abroad-amid-cost-cuts-2024-04-17/">Is laying off workers as part of continued cost cutting measures</a>. The number of employees affected was at the time unknown.</p> <h3 class="wp-block-heading">Rivian</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.reuters.com/business/autos-transportation/rivian-cuts-1-workforce-second-job-cut-this-year-2024-04-17/">Is reducing its total workforce by 1%</a>. It’s the <a href="https://techcrunch.com/2024/02/21/rivian-lays-off-10-of-workforce-as-ev-pricing-pressure-mounts/">second round of layoffs</a> for the EV maker this year.</p> <h3 class="wp-block-heading">Take-Two</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.ign.com/articles/take-two-announces-layoffs-while-canceling-multiple-in-development-projects">Is laying off 5% of its workforce</a>, affecting around 579 employees. The GTA 6 publisher also announced the elimination of “several projects” in development.</p> <h3 class="wp-block-heading">Tome</h3> <p class="wp-block-paragraph"><a rel="nofollow" href="https://www.semafor.com/article/04/16/2024/ai-startup-tome-lays-off-staff-to-focus-on-revenue">Is eliminating about 20% of its 59 employees</a> in a restructuring effort.</p> <h3 class="wp-block-heading">Tesla</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/">Is cutting “more than 10%” of its global workforce</a>, per an internal email sent by CEO Elon Musk. That could impact more than 14,000 workers worldwide, as Tesla prepares itself “for our next phase of growth” amid a challenging EV market.</p> <h3 class="wp-block-heading">Criteo</h3> <p class="wp-block-paragraph">Is reducing its global workforce by nearly 4%, <a href="https://techcrunch.com/2024/04/15/techcrunch-space-true-anomaly-and-rocket-lab-will-make-big-moves-on-orbit-literally/" target="_blank" rel="noreferrer noopener">impacting up to 140 employees</a>.</p> <h3 class="wp-block-heading">TikTok</h3> <p class="wp-block-paragraph">Is <a href="https://www.thejournal.ie/tiktok-to-cut-around-300-jobs-6352003-Apr2024/" target="_blank" rel="noreferrer noopener nofollow">laying off 250 employees</a> based in Ireland as it restructures its Training and Quality team.</p> <h3 class="wp-block-heading">Hinge Health</h3> <p class="wp-block-paragraph">Cut approximately 10% of its workforce, <a href="https://techcrunch.com/2024/04/11/virtual-physical-therapist-hinge-health-lays-off-10-of-its-workforce/">TechCrunch exclusively learned</a>, as the company prepares for an IPO and aims to reach profitability.</p> <h3 class="wp-block-heading">Checkr</h3> <p class="wp-block-paragraph">Has laid off 382 employees, amounting to 32% of its total workforce, <a href="https://techcrunch.com/2024/04/10/checkr-layoffs/">TechCrunch exclusively learned</a>. The background-screening platform was last valued at $5 billion in April of 2022.</p> <h3 class="wp-block-heading">Bolt.Earth</h3> <p class="wp-block-paragraph">Reportedly laid off a sizable part of its staff in a restructuring effort. The number of employees impacted is currently unknown, but <a href="https://inc42.com/buzz/bolt-earth-fires-employees-in-another-restructuring-exercise-shuts-two-business-verticals/" target="_blank" rel="noreferrer noopener nofollow">sources told Inc42</a> that it could be “in the range of 70-100” workers.</p> <h3 class="wp-block-heading">Apple</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/04/05/apple-lays-off-over-600-employees-in-california-after-abandoning-electric-car-plans/">614 employees</a> in California after <a href="https://techcrunch.com/2024/02/27/apple-cancels-electric-car-project-titan/">abandoning its electric car project</a>, according to <a href="https://edd.ca.gov/en/jobs_and_training/layoff_services_warn" target="_blank" rel="noreferrer noopener nofollow">a WARN notice</a>.</p> <h3 class="wp-block-heading">Agility Robotics</h3> <p class="wp-block-paragraph">Has laid off <a href="https://techcrunch.com/2024/04/04/agility-robotics-lays-off-some-staff-amid-commercialization-focus/">a “small number” of employees</a> as part of a company-wide focus on commercialization efforts.</p> <h3 class="wp-block-heading">Ghost Autonomy</h3> <p class="wp-block-paragraph">Shut down operations. The company, which was backed by OpenAI, employed <a href="https://techcrunch.com/2024/04/03/openai-backed-ghost-autonomy-shuts-down/">about 100 people</a>.</p> <h3 class="wp-block-heading">Whirlpool</h3> <p class="wp-block-paragraph">Is <a href="https://thespoon.tech/whirlpool-lays-off-entire-team-for-cooking-and-recipe-app-yummly/" target="_blank" rel="noreferrer noopener nofollow">shutting down Yummly</a>, the recipe and cooking app it acquired in 2017.</p> <h3 class="wp-block-heading">AWS</h3> <p class="wp-block-paragraph">Will <a href="https://www.geekwire.com/2024/amazon-web-services-cuts-hundreds-of-jobs-in-sales-training-and-physical-stores-technology/" target="_blank" rel="noreferrer noopener nofollow">cut hundreds of jobs</a> across Sales, Marketing, Global Services and its Physical Stores Technology team.</p> <h3 class="wp-block-heading">Byju’s</h3> <p class="wp-block-paragraph">Is laying off <a href="https://www.business-standard.com/companies/news/byju-s-lays-off-500-employees-terminates-employment-over-phone-calls-124040201104_1.html" target="_blank" rel="noreferrer noopener nofollow">about 500 employees</a>, accounting for 3% of its total workforce, as part of a restructuring effort.</p> <h2 class="wp-block-heading" id="march2024layoffs">March 2024</h2> <h3 class="wp-block-heading" id="h-reliance">Reliance</h3> <p class="wp-block-paragraph">Reliance, largest conglomerate in India, <a href="https://techcrunch.com/2024/08/07/indian-conglomerate-reliance-slashed-over-42000-jobs-last-financial-year/">took its time in announcing it had laid off more than 42,000 people in its fiscal year,</a> which ended in March. That significant number accounted for 11% of its workforce, and another 143,000 employees took “voluntary separations” in the same time.</p> <h3 class="wp-block-heading">ChowNow</h3> <p class="wp-block-paragraph">Has laid off <a href="https://techcrunch.com/2024/03/28/chownow-acquires-yc-backed-point-of-sale-platform-cuboh-and-is-laying-off-staff/">20% of its staff</a> after acquiring point-of-sale platform Cuboh. The company previously <a href="https://techcrunch.com/2022/07/13/signaling-tough-times-ahead-chownow-lays-off-employees/">laid off 100 people</a> in 2022.</p> <h3 class="wp-block-heading">Nintendo of America</h3> <p class="wp-block-paragraph">Is restructuring its testing department, which is largely made up of contractors. A <a href="https://kotaku.com/nintendo-switch-2-layoffs-testing-zelda-totk-1851369539" target="_blank" rel="noreferrer noopener nofollow">Nintendo spokesperson told Kotaku</a> the changes will end some assignments but will lead to the creation of new full-time positions.</p> <h3 class="wp-block-heading">Dell</h3> <p class="wp-block-paragraph">Cut its global workforce by <a href="https://siliconangle.com/2024/03/25/dell-reduces-global-workforce-around-6000-jobs/" target="_blank" rel="noreferrer noopener nofollow">about 6,000 jobs</a>, according to a <a href="https://investors.delltechnologies.com/static-files/d6e82f58-d417-422f-b2f3-4d08d498abd4" target="_blank" rel="noreferrer noopener nofollow">10-K SEC filing</a>. The filing reveals the company cut <a href="https://www.theregister.com/2024/03/26/dell_workforce_reduction/" target="_blank" rel="noreferrer noopener nofollow">13,000 jobs in the last year</a>.</p> <h3 class="wp-block-heading">Synctera</h3> <p class="wp-block-paragraph">Has made cuts to its staff, <a href="https://techcrunch.com/2024/03/26/baas-startup-synctera-layoffs-fintech/">the company confirmed to TechCrunch</a>. A report in Fintech Business Weekly estimates that 17 people, or about 15% of the company, were impacted. </p> <h3 class="wp-block-heading">ShopBack</h3> <p class="wp-block-paragraph">Is cutting 195 roles in an effort to become more sustainable, CEO Henry Chan <a href="https://corporate.shopback.com/press/a-message-from-henry-on-focus-and-sustainability---a-painful-decision" target="_blank" rel="noreferrer noopener nofollow">wrote in a blog post</a>. The layoffs impact nearly a quarter of its staff.</p> <h3 class="wp-block-heading">Airmeet</h3> <p class="wp-block-paragraph">Reportedly <a href="https://inc42.com/buzz/airmeet-lays-off-20-workforce-in-second-restructuring-exercise-within-a-year/" target="_blank" rel="noreferrer noopener nofollow">eliminated 20% of its total workforce</a> in its second restructuring effort in the past year.</p> <h3 class="wp-block-heading">Chipper Cash</h3> <p class="wp-block-paragraph">Conducted another round of layoffs impacting 20 employees, CEO Ham Serunjogi <a href="https://chippercash.com/blog/an-update-on-q1-2024-organizational-changes" target="_blank" rel="noreferrer noopener nofollow">announced in a blog post</a>. </p> <h3 class="wp-block-heading">Textio</h3> <p class="wp-block-paragraph">Has reportedly <a href="https://www.geekwire.com/2024/augmented-writing-startup-textio-lays-off-14-employees-or-16-of-staff/" target="_blank" rel="noreferrer noopener nofollow">cut 16% of its staff</a> in a strategic move to support its Textio Lift product. </p> <h3 class="wp-block-heading">Stash</h3> <p class="wp-block-paragraph">Is reportedly laying off <a href="https://www.axios.com/pro/fintech-deals/2024/03/13/stash-lays-off-25-percent" target="_blank" rel="noreferrer noopener nofollow">around 25% of its workforce</a>. According to Axios, the cuts affect roughly 80 people.</p> <h3 class="wp-block-heading">Phantom Auto</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/03/12/remote-driving-startup-phantom-auto-is-shutting-down/">shutting down after failing to secure new funding, TechCrunch has learned</a>. The remote driving startup, which had cut staff last year, employed a little more than 100 people.</p> <h3 class="wp-block-heading">IBM</h3> <p class="wp-block-paragraph">Is <a href="https://www.cnbc.com/2024/03/12/ibm-tells-employees-of-job-cuts-in-marketing-and-communications.html" target="_blank" rel="noreferrer noopener nofollow">reportedly slashing</a> its marketing and communications staff. The company previously announced a strategy to replace <a href="https://finance.yahoo.com/news/ibm-plans-replace-nearly-8-174052360.html?" target="_blank" rel="noreferrer noopener">upwards of 8,000 jobs</a> with AI.</p> <h3 class="wp-block-heading">Inscribe.ai</h3> <p class="wp-block-paragraph">Cut just under 40% of its staff, equating to dozens of employees, <a href="https://techcrunch.com/2024/03/08/ai-fraud-detection-software-maker-inscribe-ai-lays-off-40-of-staff/">the company confirmed to TechCrunch</a>.</p> <h3 class="wp-block-heading">Turnitin</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/03/07/turnitin-laid-off-staff-earlier-this-year-after-ceo-forecast-ai-would-allow-it-to-cut-headcount/">Laid off around 15 people earlier this year</a>, following comments from CEO Chris Caren that the company would be able to reduce 20% of its headcount thanks to AI.</p> <h3 class="wp-block-heading">Sorare</h3> <p class="wp-block-paragraph">Laid off 13% of its staff based in its New York office as the web3 fantasy sports platform focuses on its Paris headquarters, <a href="https://techcrunch.com/2024/03/06/nft-fantasy-sports-startup-sorare-layoffs-web3-gaming/">a source familiar with the matter told TechCrunch</a>.</p> <h3 class="wp-block-heading">Melio</h3> <p class="wp-block-paragraph">Is eliminating roughly 7% of its workforce as part of organizational restructuring. The <a href="https://techcrunch.com/2021/01/25/melio-raises-110m-on-a-1-3b-valuation-to-bring-b2b-payments-for-smbs-into-the-21st-century/">fintech unicorn</a> last conducted layoffs in August 2022.</p> <h3 class="wp-block-heading">ONE</h3> <p class="wp-block-paragraph">Is cutting <a href="https://www.bloomberg.com/news/articles/2024-03-04/michigan-battery-startup-one-cuts-jobs-as-ceo-seeks-fresh-funds" target="_blank" rel="noreferrer noopener nofollow">about 13% of its workforce</a>, affecting 40 employees. It’s the <a href="https://www.reuters.com/business/autos-transportation/ev-battery-startup-one-cuts-workforce-by-25-2023-11-27/" target="_blank" rel="noreferrer noopener nofollow">second round of layoffs</a> for the battery startup in recent months.</p> <h3 class="wp-block-heading">Project Ronin</h3> <p class="wp-block-paragraph">Is shutting down, <a href="https://www.bloomberg.com/news/articles/2024-03-01/larry-ellison-s-cancer-software-startup-project-ronin-is-closing" target="_blank" rel="noreferrer noopener nofollow">resulting in a “permanent mass layoff”</a> impacting around 150 employees.</p> <h2 class="wp-block-heading" id="february2024layoffs">February 2024</h2> <h3 class="wp-block-heading">Fisker</h3> <p class="wp-block-paragraph">Plans to lay off <a href="https://techcrunch.com/2024/02/29/fisker-layoffs-cash-going-concern-dealerships/">15% of its workforce</a> and says it likely does not have enough cash on hand to survive the next 12 months.</p> <h3 class="wp-block-heading">EA</h3> <p class="wp-block-paragraph">Cut <a href="https://www.cnbc.com/2024/02/28/ea-layoffs-company-to-cut-5percent-of-workforce-or-about-670-employees.html" target="_blank" rel="noreferrer noopener nofollow">5% of its workforce</a>, impacting 670 employees, as it moves away from the <a href="https://www.ign.com/articles/ea-to-lay-off-around-670-to-advance-the-way-we-work" target="_blank" rel="noreferrer noopener nofollow">“development of future licensed IP.”</a></p> <h3 class="wp-block-heading">Bumble</h3> <p class="wp-block-paragraph">Is letting go of about 350 employees, accounting for 30% of its workforce.</p> <h3 class="wp-block-heading">Apple</h3> <p class="wp-block-paragraph">Is likely <a href="https://techcrunch.com/2024/02/27/apple-cancels-electric-car-project-titan/">cutting hundreds of employees</a> who worked on the company’s autonomous electric car project now that the effort has stopped, TechCrunch has learned.</p> <h3 class="wp-block-heading">Sony</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/02/27/sony-is-laying-off-900-employees-from-its-playstation-unit/">900 employees</a> from its PlayStation unit, affecting 8% of the division’s workforce. Insomniac Games, Naughty Dog, Guerrilla and Firesprite studios <a href="https://sonyinteractive.com/en/news/blog/an-important-update-from-playstation-studios/" target="_blank" rel="noreferrer noopener nofollow">will also be impacted</a>.</p> <h3 class="wp-block-heading">Expedia</h3> <p class="wp-block-paragraph">Will <a href="https://www.geekwire.com/2024/expedia-group-cutbacks-will-impact-1500-roles-this-year-more-than-8-of-workforce/" target="_blank" rel="noreferrer noopener nofollow">reportedly cut 1,500 roles in 2024</a>, primarily in its Product & Technology division, accounting for more than 8% of the company’s workforce.</p> <h3 class="wp-block-heading">Finder</h3> <p class="wp-block-paragraph">Eliminated roughly <a href="https://www.startupdaily.net/topic/business/finder-cuts-staffing-for-the-3rd-time-in-a-year-shedding-60-jobs/" target="_blank" rel="noreferrer noopener nofollow">60 employees</a>, or 17% of its workforce. It’s the financial startup’s third major layoff round in the past 12 months.</p> <h3 class="wp-block-heading">Rivian</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/02/21/rivian-lays-off-10-of-workforce-as-ev-pricing-pressure-mounts/">10% of its salaried workforce</a> in a bid to cut costs in an increasingly tough market for EVs.</p> <h3 class="wp-block-heading">Meati Foods</h3> <p class="wp-block-paragraph">Will lay off 13% of its workforce as it works to “build a financially sustainable business,” <a href="https://techcrunch.com/2024/02/20/meati-foods-cuts-workforce-amid-ceo-shift/">CEO Phil Graves told TechCrunch exclusively</a>.</p> <h3 class="wp-block-heading">Cisco</h3> <p class="wp-block-paragraph">Announced it will eliminate 5% of its employees, impacting <a href="https://www.cnbc.com/2024/02/14/cisco-cutting-5percent-of-global-workforce-in-restructuring-move.html" target="_blank" rel="noreferrer noopener nofollow">more than 4,000 people</a>.</p> <h3 class="wp-block-heading">Toast</h3> <p class="wp-block-paragraph">Will lay off <a href="https://www.bloomberg.com/news/articles/2024-02-15/toast-layoffs-to-impact-hundreds-at-restaurant-tech-company" target="_blank" rel="noreferrer noopener nofollow">about 550 workers</a> in a move designed to promote “operating expense efficiency.”</p> <h3 class="wp-block-heading">Instacart</h3> <p class="wp-block-paragraph">Announced in an SEC filing that it will <a href="https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001579091/000157909124000006/cart-20240209.htm" target="_blank" rel="noreferrer noopener nofollow">lay off roughly 250 employees</a> as part of a restructuring effort.</p> <h3 class="wp-block-heading">Mozilla</h3> <p class="wp-block-paragraph">Is scaling back its investment in a number of products, TechCrunch has learned, resulting in <a href="https://techcrunch.com/2024/02/13/mozilla-downsizes-as-it-refocuses-on-firefox-and-ai-read-the-memo/">layoffs that will affect roughly 60 employees</a>.</p> <h3 class="wp-block-heading">Grammarly</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/02/09/grammarly-lays-off-230-employees-as-part-of-a-business-restructuring/">230 employees worldwide</a> as part of the company’s efforts to advance its focus on <a href="https://www.grammarly.com/blog/company-restructuring/" target="_blank" rel="noreferrer noopener nofollow">“the AI-enabled workplace of the future.”</a></p> <h3 class="wp-block-heading">Getaround</h3> <p class="wp-block-paragraph">Is cutting <a href="https://techcrunch.com/2024/02/08/car-sharing-company-getaround-cuts-one-third-of-u-s-workforce/">30% of its North American workforce</a> as part of a restructuring.</p> <h3 class="wp-block-heading">Amazon</h3> <p class="wp-block-paragraph">Is reportedly <a href="https://www.businessinsider.com/amazon-one-medical-pharmacy-layoffs-broader-cost-cutting-campaign-2024-2" target="_blank" rel="noreferrer noopener nofollow">cutting jobs</a> in its healthcare businesses One Medical and Amazon Pharmacy. The number of impacted roles is currently unknown.</p> <h3 class="wp-block-heading">DocuSign</h3> <p class="wp-block-paragraph">Announced plans to eliminate <a href="https://www.prnewswire.com/news-releases/docusign-announces-restructuring-plan-to-support-multi-year-growth-as-independent-public-company-302054176.html" target="_blank" rel="noreferrer noopener nofollow">6% of its workforce</a>, largely impacting the company’s sales and marketing divisions.</p> <h3 class="wp-block-heading">Snap</h3> <p class="wp-block-paragraph">Announced plans <a href="https://techcrunch.com/2024/02/05/snapchats-parent-lays-off-10-of-workforce-in-order-to-reduce-hierarchy-says-company/">to cut 10% of its workforce</a>, impacting roughly 500-plus employees, in an effort to “reduce hierarchy.”</p> <h3 class="wp-block-heading">Polygon Labs</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/02/01/polygon-labs-lays-off-60-employees-about-19-of-its-staff-ceo-says/">laid off 60 employees</a>, or about 19% of its staff, CEO Marc Boiron announced <a rel="nofollow" href="https://forum.polygon.technology/t/an-update-on-polygon-labs-polygon-ventures-and-polygon-id/13507?u=marcboiron">in a blog post</a>.</p> <h3 class="wp-block-heading">Okta</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/02/01/okta-layoffs-400-employees/">laying off approximately 400 employees</a>. The layoffs come almost exactly a year to the day after Okta announced plans to cut about 300 employees.</p> <h2 class="wp-block-heading" id="january2024layoffs">January 2024</h2> <h3 class="wp-block-heading">Thinx</h3> <p class="wp-block-paragraph">Will lay off <a href="https://www.modernretail.co/operations/thinx-to-layoff-95-workers-per-new-york-state-labor-filing/" target="_blank" rel="noreferrer noopener nofollow">95 workers</a> in New York City, according to a filing with the New York Department of Labor.</p> <h3 class="wp-block-heading">Proofpoint</h3> <p class="wp-block-paragraph">Is laying off about <a href="https://techcrunch.com/2024/01/31/proofpoint-layoffs-280-employees/">6% of its global workforce</a>, or 280 employees, the company confirmed to TechCrunch.</p> <h3 class="wp-block-heading">Wattpad</h3> <p class="wp-block-paragraph">Conducted <a href="https://techcrunch.com/2024/01/30/wattpad-a-storytelling-platform-conducts-another-layoff-round/">another round of layoffs</a> earlier this month, amounting to roughly 15% of its workforce, a source familiar with the situation told TechCrunch. </p> <h3 class="wp-block-heading">Block</h3> <p class="wp-block-paragraph">Is reportedly <a href="https://techcrunch.com/2024/01/30/block-becomes-the-latest-fintech-to-lay-off-workers/">laying off around 1,000 people</a> in the Cash App, foundational and Square arms of Block.</p> <h3 class="wp-block-heading">PayPal</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/01/30/paypal-begins-more-layoffs/">reportedly begun company-wide layoffs</a>. While it is unclear how many people will be affected, one source told TechCrunch it was expected to be in the “thousands.”</p> <h3 class="wp-block-heading">Aurora Solar</h3> <p class="wp-block-paragraph">Has <a href="https://techcrunch.com/2024/01/30/aurora-solar-layoffs/">laid off 20% of its staff</a> of about 1,000 people, TechCrunch exclusively learned. The cuts to the software startup come despite record growth in the solar industry last year.</p> <h3 class="wp-block-heading">iRobot</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/01/29/amazons-1-4b-irobot-deal-is-dead-now-what/">laying off 350 people</a>, or one-third of its headcount, after Amazon’s bid to acquire the Roomba-maker shuttered. Longtime CEO Colin Angle has also stepped down.</p> <h3 class="wp-block-heading">Salesforce</h3> <p class="wp-block-paragraph">Is <a href="https://www.wsj.com/economy/jobs/salesforce-laying-off-700-workers-in-latest-tech-industry-downsizing-6a082fa3" target="_blank" rel="noreferrer noopener nofollow">reportedly laying off 700 workers</a>, or around 1% of its staff. This comes after the company had <a href="https://techcrunch.com/2023/03/10/the-long-goodbye-at-salesforce-continues-with-more-layoffs-off-reported-today/">a significant reduction of 10% of its workforce</a> in 2023.</p> <h3 class="wp-block-heading">Flexport</h3> <p class="wp-block-paragraph">Is reportedly <a href="https://techcrunch.com/2024/01/26/flexport-may-lay-off-workers-yet-again/">planning to cut around 20% of its staff</a> in the next few weeks. The company announced similar cuts in October, when founder Ryan Petersen returned as CEO and <a href="https://techcrunch.com/2023/10/16/flexport-kicks-off-restructuring-with-layoffs/">slashed its workforce by 20%.</a></p> <h3 class="wp-block-heading">Microsoft</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/01/25/microsoft-lays-off-1900-employees-in-activision-blizzard-and-xbox-divisions/">laying off 1,900 employees</a> across its gaming divisions following its acquisition of Activision Blizzard. Blizzard president Mike Ybarra announced he will also be stepping down.</p> <h3 class="wp-block-heading">Swiggy</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/01/25/swiggy-to-cut-another-400-jobs-ahead-of-ipo-later-this-year/">cutting about 400 jobs</a>, 7% of its workforce, as the food delivery startup seeks to bring further improvements to its finances ahead of a planned IPO later this year.</p> <h3 class="wp-block-heading">Aurora</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/01/24/self-driving-vehicle-company-aurora-cuts-3-of-its-workforce/">Laid off dozens of workers</a>, according to sources familiar with the decision. The autonomous vehicle technology company has since confirmed that about 3% of its workforce has been laid off.</p> <h3 class="wp-block-heading">eBay</h3> <p class="wp-block-paragraph">Will <a href="https://techcrunch.com/2024/01/23/ebay-plans-to-cut-1000-jobs-because-it-couldnt-grow-enough/">lay off 9% of the company’s workforce</a>, affecting about 1,000 full-time employees. In <a href="https://www.ebayinc.com/stories/news/ensuring-ebays-long-term-success/" target="_blank" rel="noreferrer noopener nofollow">a blog post</a>, the company also plans to cut contract roles in the coming months.</p> <h3 class="wp-block-heading">SAP</h3> <p class="wp-block-paragraph">Announced it intends to offer <a href="https://www.cnbc.com/2024/01/23/sap-plans-job-changes-or-buyouts-for-8000-employees-in-restructuring-plan.html" target="_blank" rel="noreferrer noopener nofollow">voluntary buyouts or job changes</a> to 8,000 employees amid restructuring.</p> <h3 class="wp-block-heading">Brex</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/01/23/brex-layoffs-fintech/">Laid off 20% of its staff</a>, affecting 282 workers. In <a href="https://www.brex.com/journal/a-message-from-our-founder" target="_blank" rel="noreferrer noopener nofollow">a blog post</a>, Co-CEO Pedro Franceschi said that the company is prioritizing “long-term thinking and ownership over short-term gains in our comp structure.”</p> <h3 class="wp-block-heading">TikTok</h3> <p class="wp-block-paragraph">Eliminated <a href="https://techcrunch.com/2024/01/23/tiktok-lays-off-60-employees/">around 60 jobs</a> across the U.S. in <a href="https://www.npr.org/2024/01/22/1226127366/tiktok-cuts-jobs-tech-layoffs-china" target="_blank" rel="noreferrer noopener nofollow">Los Angeles, New York, and Austin</a> in addition to layoffs in international markets. The affected roles, according to NPR’s initial reporting, are largely in sales and advertising.</p> <h3 class="wp-block-heading">Vroom</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/01/23/vroom-hits-the-brakes-on-its-online-used-car-business-to-go-full-throttle-on-auto-financing-and-ai/">cutting 90% of its employees</a> as it shuts down its online used car marketplace and shifts resources into two business units: one focused on auto financing and the other on AI-powered analytics.</p> <h3 class="wp-block-heading">Riot Games</h3> <p class="wp-block-paragraph">Is <a href="https://www.riotgames.com/en/news/2024-player-update" target="_blank" rel="noreferrer noopener nofollow">laying off 11% of its workforce</a>, affecting about 530 employees, as the company focuses on “fewer, high-impact projects.” The League of Legends maker is also <a href="https://techcrunch.com/2024/01/23/riot-games-cuts-530-jobs-shuts-down-publishing-arm-riot-forge/">sunsetting its five-year-old publishing group</a>, Riot Forge.</p> <h3 class="wp-block-heading">Wayfair</h3> <p class="wp-block-paragraph">Is <a href="https://www.cnbc.com/2024/01/19/wayfair-layoffs-home-goods-retailer-to-cut-1650-employees.html" target="_blank" rel="noreferrer noopener nofollow">eliminating 13% of its global workforce</a>, affecting 1,650 employees, in a restructuring effort aimed at cutting layers of management.</p> <h3 class="wp-block-heading">YouTube</h3> <p class="wp-block-paragraph">Will <a href="https://techcrunch.com/2024/01/17/youtube-to-eliminate-100-employees-as-layoffs-at-google-continue/">eliminate 100 employees</a>, a spokesperson confirmed to TechCrunch, as part of a restructuring effort in its creator management and operations teams.</p> <h3 class="wp-block-heading">Google</h3> <p class="wp-block-paragraph">Is laying off <a href="https://www.businessinsider.com/google-is-laying-off-hundreds-of-employees-in-its-advertising-team-2024-1" target="_blank" rel="noreferrer noopener nofollow">“hundreds” of employees</a> in its advertising sales team, according to a leaked memo. The cuts come a week after the company <a href="https://techcrunch.com/2024/01/10/google-cuts-hundreds-of-jobs-in-its-voice-assistance-hardware-teams-as-fitbit-founders-leave/">did sweeping layoffs</a> across its hardware teams. And more layoffs will come throughout the year, <a href="https://techcrunch.com/2024/01/17/sundar-pichai-warns-google-staff-more-layoffs-are-coming/">as CEO Sundar Pichai told the company in a memo obtained by the Verge</a>.</p> <h3 class="wp-block-heading">Lost Boys Interactive</h3> <p class="wp-block-paragraph">Reportedly laid off <a href="https://aftermath.site/employees-say-sizable-portion-of-gearbox-owned-studio-has-been-laid-off" target="_blank" rel="noreferrer noopener nofollow">a “sizable” number of employees</a> January 12. The game developer studio was acquired by Borderlands maker Gearbox in 2022.</p> <h3 class="wp-block-heading">Pixar</h3> <p class="wp-block-paragraph">Is going to lay off employees in 2024, <a href="https://techcrunch.com/2024/01/11/as-disney-pushes-towards-streaming-profitability-pixar-to-undergo-layoffs-in-2024/">TechCrunch exclusively learned</a>, with the total impacted employees potentially reaching as high as 20% of the animation studio’s 1,300 person workforce. The cutbacks come as Disney looks to reduce the studio’s output as it struggles to achieve profitability in streaming.</p> <h3 class="wp-block-heading">Audible</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/01/11/amazon-owned-audible-lays-off-5-of-staff/">5% of its workforce</a>, citing an “increasingly challenging landscape,” according to <a href="https://twitter.com/alex/status/1745537787342770565" target="_blank" rel="noreferrer noopener nofollow">a leaked memo</a> obtained by Business Insider.</p> <h3 class="wp-block-heading">Discord</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/01/11/discord-lays-off-170-people-blames-growing-too-quickly/">17% of its staff</a>, impacting 170 people. In an internal memo <a href="https://www.theverge.com/2024/1/11/24034705/discord-layoffs-17-percent-employees" target="_blank" rel="noreferrer noopener nofollow">obtained by the Verge</a>, Discord CEO Jason Citron blamed the cuts on the company growing too quickly.</p> <h3 class="wp-block-heading">Google</h3> <p class="wp-block-paragraph">Laid off <a href="https://techcrunch.com/2024/01/10/google-cuts-hundreds-of-jobs-in-its-voice-assistance-hardware-teams-as-fitbit-founders-leave/">hundreds of employees</a> across its Google Assistant division and the team that manages Pixel, Nest and Fitbit hardware. The company confirmed to TechCrunch that Fitbit co-founders James Park and Eric Friedman are also exiting.</p> <h3 class="wp-block-heading">Amazon</h3> <p class="wp-block-paragraph">Is laying off <a href="https://techcrunch.com/2024/01/10/amazon-prime-video-and-mgm-studios-laid-off-hundreds-of-employees/">“several hundreds” of employees</a> at Prime Video and MGM Studios, according to a memo obtained by TechCrunch. The cuts come days after the <a href="https://techcrunch.com/2024/01/09/twitch-layoff-500-employees/">500 layoffs at Amazon’s Twitch</a>.</p> <h3 class="wp-block-heading">Twitch</h3> <p class="wp-block-paragraph"><a href="https://techcrunch.com/2024/01/09/twitch-layoff-500-employees/">Is reportedly laying off 500 employees</a>, 35% of its current staff, amid a continued struggle to achieve profitability in the face of rising costs and community backlash. The pending layoffs come after hundreds more employees were laid off in 2023.</p> <h3 class="wp-block-heading">Treasure Financial</h3> <p class="wp-block-paragraph">Confirmed to TechCunch that layoffs, conducted in December, had impacted 14 employees, accounting for 60% to 70% of the company, according to multiple sources.</p> <h3 class="wp-block-heading">Duolingo</h3> <p class="wp-block-paragraph">Confirmed it <a href="https://techcrunch.com/2024/01/09/duolingo-cut-10-of-its-contractor-workforce-as-the-company-embraces-ai/">cut 10% of its contractor workforce</a> at the end of 2023 as it turns to AI to streamline content production and translations previously handled by humans.</p> <h3 class="wp-block-heading">Rent the Runway</h3> <p class="wp-block-paragraph">Will cut <a href="https://www.wsj.com/business/retail/rent-the-runway-to-cut-about-10-of-corporate-jobs-lose-operating-chief-f7bc74b3" target="_blank" rel="noreferrer noopener nofollow">about 10% of corporate roles</a> as it goes through a restructuring plan following Anushka Salinas’ planned resignation as operating chief and president at the end of January.</p> <h3 class="wp-block-heading">Unity</h3> <p class="wp-block-paragraph">Is <a href="https://techcrunch.com/2024/01/09/unity-to-lay-off-another-1800-employees-representing-25-of-its-workforce/">reducing its workforce by about 25%</a>, or 1,800 people. The video game engine maker went through <a href="https://www.wsj.com/articles/unity-conducts-its-third-and-largest-round-of-layoffs-in-a-year-48fdafe1" target="_blank" rel="noreferrer noopener nofollow">three rounds of layoffs</a> in 2023.</p> <h3 class="wp-block-heading">Pitch</h3> <p class="wp-block-paragraph">Laid off <a href="https://techcrunch.com/2024/01/08/pitch-christian-reber-venture-funding/">two-thirds</a> of its employees as the German startup, which built collaborative presentation software, looks to pursue a “completely different path.” CEO and co-founder <a href="https://twitter.com/christianreber/status/1744292271858622518" target="_blank" rel="noreferrer noopener nofollow">Christian Reber</a> also stepped down.</p> <h3 class="wp-block-heading">BenchSci</h3> <p class="wp-block-paragraph">The AI and biomedical startup reportedly cut <a href="https://betakit.com/benchsci-trims-headcount-citing-generative-ai-economic-conditions/" target="_blank" rel="noreferrer noopener nofollow">17% of its workforce</a> January 8, citing <a href="https://www.linkedin.com/posts/benchsci_earlier-today-we-shared-with-our-team-the-activity-7150148908185190401-n-aX" target="_blank" rel="noreferrer noopener nofollow">“shifts in the economic environment,”</a> in a LinkedIn post announcing the layoffs. </p> <h3 class="wp-block-heading">Flexe</h3> <p class="wp-block-paragraph">Eliminated <a href="https://www.geekwire.com/2024/warehousing-and-logistics-startup-flexe-cuts-38-of-workforce-in-latest-layoffs/" target="_blank" rel="noreferrer noopener nofollow">38% of its staff</a> January 8 as the online retail logistics company follows up after conducting layoffs in September 2023.</p> <h3 class="wp-block-heading">NuScale</h3> <p class="wp-block-paragraph">Announced January 8 it is laying off <a href="https://www.nuscalepower.com/en/news/press-releases/2024/nuscale-power-positions-company-for-next-phase-of-growth" target="_blank" rel="noreferrer noopener nofollow">28% of its staff</a>, or 154 workers, as the small modular nuclear reactor company shifts its focus to “key strategic areas.”</p> <h3 class="wp-block-heading">Trigo</h3> <p class="wp-block-paragraph">Is reportedly laying off <a href="https://www.calcalistech.com/ctechnews/article/b1pfj7nu6" target="_blank" rel="noreferrer noopener nofollow">15% of its workforce</a> focused on computer vision for retailers.</p> <h3 class="wp-block-heading">InVision</h3> <p class="wp-block-paragraph">Is <a href="https://www.invisionapp.com/inside-design/invision-design-collaboration-services-shutdown/" target="_blank" rel="noreferrer noopener nofollow">shutting down</a> at the end of 2024 after a 12 year run. The design collaboration startup was once <a href="https://techcrunch.com/2018/12/11/invision-valued-at-1-9-billion-picks-up-115-million-series-f/">valued at nearly $2B.</a></p> <h3 class="wp-block-heading">VideoAmp</h3> <p class="wp-block-paragraph">Is laying off <a href="https://adage.com/article/measurement/videoamp-ceo-ross-mccray-steps-down-company-lays-20-staff/2535441" target="_blank" rel="noreferrer noopener nofollow">nearly 20% of its workforce</a> as it tries to maintain its battle with Nielsen over media measurement. CEO Ross McCray <a href="https://variety.com/2024/tv/news/videoamp-peter-liguori-ross-mccray-ceo-layoffs-1235861869/" target="_blank" rel="noreferrer noopener nofollow">stepped down</a> from the company.</p> <h3 class="wp-block-heading">Orca Security</h3> <p class="wp-block-paragraph">Is laying off <a href="https://www.calcalistech.com/ctechnews/article/skm23oz00t" target="_blank" rel="noreferrer noopener nofollow">roughly 15% of its staff</a>, totaling 60 employees. The Israel-based unicorn reportedly plans to move some impacted employees into other positions at the company.</p> <h3 class="wp-block-heading">Frontdesk</h3> <p class="wp-block-paragraph">Laid off its entire 200-person workforce January 2 after attempts to raise more capital failed, <a href="https://techcrunch.com/2024/01/02/short-term-rental-provider-frontdesk-lays-off-entire-staff-on-the-verge-of-shutting-down/">TechCrunch exclusively learned</a>. The mass layoff comes just seven months after the startup <a href="https://skift.com/2023/06/06/frontdesk-buys-rival-property-manager-zencity/" target="_blank" rel="noreferrer noopener nofollow">acquired rival Zencity</a>. </p> </div> <div class="wp-block-tc23-post-relevant-terms"> <p class="wp-block-paragraph">Topics</p> <div class="tc23-post-relevant-terms__terms"> <a href="https://techcrunch.com/tag/evergreens/" rel="tag">evergreens</a><span class="tc23-post-relevant-terms__separator">, </span><a href="https://techcrunch.com/tag/layoffs/" rel="tag">Layoffs</a><span class="tc23-post-relevant-terms__separator">, </span><a href="https://techcrunch.com/category/startups/" rel="tag">Startups</a><span class="tc23-post-relevant-terms__separator">, </span><a href="https://techcrunch.com/tag/tech-layoffs/" rel="tag">tech layoffs</a><span class="tc23-post-relevant-terms__separator">, </span><a href="https://techcrunch.com/tag/techcrunch-2023-recap/" rel="tag">TechCrunch 2023 Recap</a><span 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