After a rough 2023, the tech layoff wave continued through 2024. Following significant workforce reductions in 2022 and 2023, 2024 saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. Large companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft conducted sizable layoffs in 2024, while smaller-sized startups also experienced cuts, and in some cases, shut down operations altogether.
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.
Below you’ll find a comprehensive list of all the known layoffs in tech that occurred in 2024. If you have a tip on a layoff, contact us here. If you prefer to remain anonymous, you can contact us here.
December
Brave Care
Has shut down its operations permanently, according to a post on its website. It’s unclear how many workers were impacted.
Epicery
Has ceased operations as the result of “economic and financial challenges” that the food delivery startup could not overcome.
Bench
Abruptly shut down but was later acquired by Employer.com 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.
Lilium
Ceased operations and laid off about 1,000 workers. 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.
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Boston Dynamics
Has laid off 45 employees, accounting for 5% of its total workforce. A spokesperson told The Boston Globe the cuts impacted “nearly every function throughout the business.”
OfferUp
Is cutting 22% of its workforce as it attempts to expand into new product lines. The total number of workers impacted is not currently known.
Canoo
Is undergoing another layoff round two months after the EV startup relocated employees to Texas to avoid bankruptcy. More than 20 employees were included in the cuts.
Foundry
Eliminated 27% of its workforce. The cuts include 16% of its U.S.-based employees, as well as a “small team in India,” affecting a total of 74 workers.
Calendly
Laid off 70 employees, roughly 13% of its workforce. The cuts impacted teams in engineering, customer experience, marketing, and billing.
Yahoo
Laid off around 25% of its cybersecurity team — 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.
Bluevine
Is cutting 100 employees, impacting its global workforce by roughly 18%. It’s the fintech company’s second layoff round in six months.
EasyKnock
Has abruptly shut down. The news follows several lawsuits filed against the proptech company and an FTC consumer alert about controversial sale-leaseback models.
Carousell
Is eliminating 76 roles in a reorganization effort. The cuts account for about 7% of the Singapore-based company’s total headcount.
Mixtroz
Is shutting down its operations, co-founders Kerry Schrader and Ashlee Ammons Halpin announced.
Stash
Reportedly laid off 40% of its roughly 220-person workforce in a major restructuring effort following the departure of CEO Liza Landsman in September.
Booking Holdings
Has laid off 60 employees in one of its B2B units as the company shifts its focus to AI.
Lightspeed Commerce
Will lay off roughly 200 employees as part of a “strategic review” of its business while exploring a potential sale. The company cut 280 workers in April as part of a restructuring effort.
November
AlphaSense
Laid off 150 employees, impacting 8% of its workforce, in a new restructuring effort following its July 2024 acquisition of Tegus.
Ola Electric
Is reportedly letting go of up to 500 employees in an effort to boost its profitability. The cuts would impact more than 10% of its total workforce.
Hopper
Cut roughly 10% of its workforce, affecting 60-65 employees, as the online travel agency conducts another reorganization attempt.
Eliminated 202 employees, accounting for roughly 1% of its total workforce. The cuts impacted engineering and customer support roles, spokesperson Greg Snapper confirmed to The Information.
Headspace
Is cutting 13% of its workforce 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.
Truelayer
Reportedly laid off roughly a quarter of its employees. Sources told City AM that the former unicorn startup cut 71 roles before announcing a $50 million funding round.
AppLovin
Announced 120 layoffs in a new WARN filing. The filing comes a week after the advertising software company hit a $97.7 billion valuation.
Stoa
Has shut down its operations after four years in business, CEO Raj Kunkolienkar announced on LinkedIn.
AMD
Is laying off 4% of its workforce to focus on “large growth opportunities.” AMD had roughly 26,000 employees as of last year, so the cuts could impact approximately 1,000 workers.
23andMe
Is cutting 40% of its workforce, impacting more than 200 employees, as part of a restructuring effort at the company. Since going public in 2021, 23andMe has lost more than 99% of its value amid declining interest in its products and subscriptions, plus a data breach in 2023 that resulted in 7 million users’ ancestry data being stolen.
Chegg
Is laying off 319 employees, 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.
Enphase Energy
Is laying off roughly 500 workers, affecting 17% of the solar and EV charging company’s total workforce. Enphase laid off 10% of its workforce less than a year ago, as they and other solar companies continue to face significant headwinds.
Exosonic
Is shutting down after five years of operation. In 2020, the supersonic aircraft startup joined Y Combinator’s Winter cohort in 2020 and went on to raise o
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