Art Director

2024 Master Layoffs Tracker - Indian + Global

**tl;dr** 1. Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts. 2. Major global tech giants (e.g., Tesla, Amazon, Google) and smaller startups underwent deep cuts, signaling a widespread industry recalibration as companies grappled with evolving market conditions. 3. India’s startup ecosystem also faced challenges: Major players like Reliance, Ola, Byju’s, and Unacademy saw significant layoffs as they refocused on profitability. ---- **December 2024** - **Boston Dynamics**: 45 employees (5% of workforce) laid off. Cuts impacted nearly every function. - **OfferUp**: 22% workforce reduction; exact number not disclosed, tied to product line expansion efforts. - **Canoo**: More than 20 employees laid off amid financial struggles post-relocation to Texas. - **Foundry**: 74 workers cut (27% total; includes 16% U.S. staff and a small team in India). - **Calendly**: 70 employees (13%) laid off, affecting engineering, customer experience, marketing, and billing. - **Yahoo**: About 40–50 employees (25% of its cybersecurity team, “The Paranoids”) cut over the last year. - **Bluevine**: 100 employees (18%) laid off, second round of cuts in six months. - **EasyKnock**: Company shuts down abruptly amidst lawsuits and regulatory scrutiny. - **Carousell**: 76 roles (7% total) cut in a reorganization effort. - **Mixtroz**: Operations shut down. - **Stash**: About 40% of workforce (~88 employees) laid off amid restructuring post-CEO departure. - **Booking Holdings**: 60 employees cut in a B2B unit shift toward AI focus. - **Lightspeed Commerce**: About 200 roles cut, following a prior April reduction of 280 employees. Exploring potential sale. **November 2024** - **AlphaSense**: 150 employees (8%) laid off post-acquisition of Tegus. - **Ola Electric**: Reportedly ~500 employees cut (10%+) to boost profitability. - **Hopper**: About 60–65 employees (10%) laid off in another reorganization. - **LinkedIn**: 202 employees (1%) cut in engineering and customer support. - **Headspace**: 13% workforce cut; clinical therapists shifted to part-time/contract. Exact number unknown. - **Truelayer**: ~71 employees (~25%) laid off before announcing a $50M funding round. - **AppLovin**: 120 layoffs per WARN filing, shortly after hitting $97.7B valuation. - **Stoa**: Company shuts down after four years. - **AMD**: 4% workforce cut (~1,000 workers) to pursue growth opportunities. - **23andMe**: 200+ employees (40%) cut amid restructuring and declining interest in DNA kits. - **Chegg**: 319 employees (21%) laid off as company struggles with AI competition, value drop. - **Enphase Energy**: ~500 workers (17%) cut, second round after earlier 10% reduction. - **Exosonic**: Supersonic aircraft startup shuts down after 5 years. - **Freshworks**: 660 employees (13%) laid off to complete restructuring. - **Akamai**: Cuts 250 employees (2.5%), similar reduction to early 2023. - **ShareFile**: Nearly 200 jobs cut after acquisition by Progress Software. - **Just Eat**: 300 employees (2%) laid off. - **iRobot**: 105 employees (16%) cut, following prior 350 cuts in 2023. - **The Mozilla Foundation**: 30% workforce reduction, second round this year. - **Maven Clinic**: 10% (~60 employees) cut despite $125M Series F in October. - **Bowery Farming**: Shuts down operations (valued at $2.3B in 2021). **October 2024** - **Tidal**: Another round of layoffs (~100 employees), CEO cites need to “operate like a startup.” - **X (Twitter)**: Unspecified number of layoffs reported. - **Coursera**: 10% workforce cut as customers fail to renew. - **Dropbox**: 20% staff cut (528 employees), citing transitional period. - **Consensys**: 20% workforce reduction amid Ethereum market struggles. - **F5**: ~100 employees (~2%) laid off in cost-cutting. - **Kyte**: Workforce halved, refocus on SF and NYC only. - **Upwork**: 21% staff cut to save $60M annually. - **Venminder**: 100 jobs lost post-acquisition by Ncontracts. - **Jellysmack**: 22 U.S. staff cut, with French cuts expected. - **CapWay**: Shut down operations. - **Meta**: Layoffs confirmed, exact numbers and teams unclear (Threads, recruiting, legal spared). - **Boeing**: 10% cut (~17,000 jobs) following financial losses. - **Stellantis**: 1,100 in Michigan laid off. - **TikTok**: Hundreds in Malaysia laid off as AI moderates content. - **Samsung**: Southeast Asia & Australia cuts, about 10% possible. - **Kaspersky**: Shuts UK office, lays off dozens. U.S. operations also closed months prior. - **NFX**: 4 employees laid off, shifting resources internally. - **Eaze**: 500 employees laid off as it winds down operations. - **PubMatic**: ~1% workforce cut (~a dozen employees), pivot to connected-TV advertising. - **Tome**: 1/3 staff cut, second 2024 reduction. - **Alma**: 9% staff reduction across departments. - **Flexport**: Another 2% cut after 20% reduction in January. - **FreshBooks**: 140 employees cut to aim for profitability. **September 2024** - **Shein**: 17 employees in Singapore cut pre-IPO. - **Drata**: 9% workforce reduction (~40 employees). - **Moov**: ~50 employees reportedly cut, unconfirmed by company. - **FreightWaves**: 16 jobs (sales, HR, marketing) cut amid freight downturn. - **Northvolt**: 25% global cuts (~1,600 employees) to reduce costs. - **Olo**: 9% cut (~50 employees) to fund growth initiatives. - **Healthy.io**: 40 employees cut after previous 70 cut in 2023. - **Reverb**: 40 roles eliminated by the Etsy-owned music marketplace. - **Luminar**: 30% staff cut; mostly non-technical roles. - **Notable Labs**: 65% workforce cut, pausing a clinical trial to minimize expenses. - **CrawTrawler**: 10% cut (~40 employees), but plans 28 new roles. - **ApplyBoard**: 4% workforce cut in Ontario-based restructuring. - **Qualcomm**: 226 jobs in San Diego cut, following large cuts last year. - **Udemy**: Restructuring; 280 employees laid off, half potentially rehired elsewhere. - **Amperity**: 13% staff cut; previous cuts in 2023 as well. - **Cisco**: 7% reduction (~5,600 employees) following earlier large cut. - **Microsoft**: ~650 in gaming division cut after previous 1,900 post-Activision acquisition. - **Nori**: Shuts down due to tough funding environment. - **Bending Spoons**: Will lay off 75% of WeTransfer’s staff post-acquisition. - **Goop**: 18% of 216 employees cut, refocusing on core beauty and food brands. - **Fly.io**: ~40 employees laid off. - **Motif FoodWorks**: Reportedly shutting down operations after legal battles. **August 2024** - **Character.AI**: ~5% staff cut in marketing/recruiting. - **Apple**: ~100 jobs cut in digital services (Books, News). - **Brave**: 27 employees (14%) laid off. - **Scale AI**: 1,000+ remote contract workers terminated (not termed layoffs). - **Skip the Dishes**: 100 in Canada, 700 globally cut. - **GoPro**: 15% staff cut (~139 employees). - **Retention.com**: 40% staff reduction (~15 employees). - **Loop**: Layoffs; number unknown, strategic shift announced. - **Inuitive**: 20% cut (~80 employees), CEO stepping down. - **Formlabs**: 40 employees cut over two years (~5% of <750 staff). - **Sonos**: 100 employees (6%) cut, second round this year. - **Cisco**: Thousands of jobs to be eliminated in another round. - **Tally**: Shuts down; fintech with 183 employees previously valued at $855M. - **Branch.io**: 100+ employees laid off; Nova Launcher team reduced to one developer. - **READY Robotics**: Operations ceased, assets auctioned. - **Eventbrite**: ~100 employees (11%) cut. - **LegalZoom**: 15% global workforce cut to save $25M. - **Techstars**: 17% staff cut, ending $80M J.P. Morgan-backed programs. - **Mobius**: Shuts down amid financial troubles. - **Infineon**: 1,400 jobs cut globally; 1,400 more relocated. - **Jam City**: ~85 employees (10%) cut. - **Dell**: Unspecified layoffs while forming AI-focused sales unit. - **Intel**: 15,000 employees (~15%) cut amid growth and AI repositioning. **July 2024** - **Rad Power Bikes**: Multiple cuts since April 2021, unknown number in July 2024. - **Match Group**: Cutting livestreaming features from Plenty of Fish and BLK, 6% staff reduction. - **Bungie**: 220 employees (17%) laid off. - **Pocket FM**: ~200 U.S. writers cut after AI-based audio partnership. - **WayCool Foods**: 200+ employees cut in multiple rounds. - **Webflow**: 8% staff cut. - **Cohere**: ~20 employees (~5%) laid off after raising $500M. - **Magic Leap**: ~75 employees cut; sales/marketing teams axed. - **Mercari**: Nearly half of U.S. staff cut. - **Aqua**: 50 employees (10%) cut despite prior unicorn valuation. - **EverC**: 10% (~16 employees) cut from its 165-person staff. - **Lex**: Majority of ~8-person team cut at LGBTQ+ social networking site. - **Monarch Tractor**: <15% (~up to ~45) cut post-$133M funding. - **Kaspersky**: Dozens of staff cut as it fully exits the U.S. market. - **Salesforce**: ~300 employees eliminated. - **Intuit**: 1,800 (10%) cut, half due to low performance, plans to rehire. - **UiPath**: 420 employees (10%) laid off. - **UKG**: 2,200 (14%) cut. - **OpenText**: 1,200 (~2%) laid off. - **Unacademy**: 250 employees cut amid repeated rounds. - **Koo**: Shuts down after acquisition talks fail. - **Upside Foods**: 26 people cut. - **Sightful**: 20 employees (1/3 workforce) let go. **June 2024** - **RealPage**: 4% workforce cut. - **Planet**: 180 employees (17%) cut, second round. - **Moxion Power**: 100+ laid off per WARN filing. - **eBay**: Conducting layoffs in Israel. - **BeReal**: Reported large staff cut after acquisition by Voodoo. - **Flutterwave**: About 30 employees (3%) cut. - **Ginkgo Bioworks**: 158 employees cut with more expected (25% planned). - **Moovit**: 10% workforce cut (~20–25 employees). - **Wex**: 375 employees (5%) laid off. - **PayPal**: Up to 85 employees in Ireland cut. - **Rapyd**: ~30 roles cut in Israel. - **C2FO**: 16 employees cut, replaced by automation. - **Chegg**: Global headcount down 23%. - **StackPath**: Shutting down, employee count unknown. - **Unit**: 15% staff cut. - **Loop**: Additional cuts, exact number unknown. - **Care/of**: 143 employees terminated due to funding loss. - **Running Tide**: Shut down after raising $50M. - **Satellogic**: 70 employees (30%) cut. - **ByteDance**: 450 jobs (9% unit) cut in Indonesian e-commerce. - **VRChat**: 30% workforce laid off. - **Paytm**: Reported large cuts; exact numbers unknown. - **Kissflow**: 45 jobs cut. - **Copia Global**: 1,060+ employees cut. - **Revel**: 1,000+ drivers laid off, shifting to gig model. - **Simpl**: 30 employees cut a month after 160-person layoff. - **Oda**: 150 jobs lost scaling back expansion. - **Pagaya**: 100 workers (20%) cut. - **MoonPay**: 10% (~30 employees) cut. - **Microsoft**: Cuts in Azure cloud business; numbers unknown. - **OrCam**: 100 employees laid off after earlier 50 cut. - **Google**: Large global Cloud team cuts. - **Tropic**: 40 employees cut. **May 2024** - **Gro Intelligence**: Shuts down after 60% staff cut in March. - **Jasper Health**: Substantial staff cuts, especially engineering/product. - **Cirium (FlightStats)**: 37 tech workers cut. - **Walnut**: 15 employees (20%) cut. - **Fisker**: Hundreds laid off. Fewer than 150 employees remain. - **Cue Health**: Shuts down post cutting half its staff earlier in May. - **Foursquare**: 105 employees cut amid “streamlining.” - **Lucid Motors**: 400 employees (~6%) laid off pre-SUV launch. - **TikTok**: Large cuts to ops/marketing, numbers unknown. - **Pixar**: 14% (~175) cut as Disney refocuses on films. - **Replit**: 20% staff cut to focus on enterprise sales. - **SeekOut**: 30% workforce reduction. - **Gopuff**: 6% staff cut. - **Atmosphere**: 106 employees cut per WARN notice. - **Mainvest**: Shut down operations. - **Indeed**: 1,000 jobs (8%) cut. - **Motional**: 40% (~550 employees) cut, COO leaves. - **Google**: 57 positions in San Francisco cut. - **Vacasa**: 800 employees (13%) laid off. - **Brilliant**: Most staff laid off, stops selling products. - **Enovix**: ~170 employees (1/3) cut. - **Microsoft (Gaming)**: Closes multiple game studios. - **Cue Health**: Another 230 employees (49%) cut. - **Luminar**: 20% (~140 employees) and many contractors cut. - **Sprinklr**: 3% staff cut (116 people). - **Peloton**: 15% staff (~400 employees) cut, CEO steps down. **April 2024** - **Tesla**: Charging team gutted; numbers unknown. - **Google**: Cuts in Flutter, Dart, Python teams; number unknown. - **Fisker**: More layoffs, numbers not disclosed. - **Getir**: Shuts down U.S., U.K., Europe ops; at least 6,000 jobs lost. - **Ola**: 180 cuts, CEO Hemant Bakshi leaves. - **True Anomaly**: ~25% staff cut (~30 employees). - **Expedia**: More Austin layoffs expected, details unknown. - **Nike**: 740 roles cut at Oregon HQ. - **Stability AI**: 10% workforce reduction. - **Google**: Additional layoffs, no exact figure. - **Rivian**: 1% workforce cut, second time this year. - **Take-Two**: 5% staff (~579 employees) cut, cancels projects. - **Tome**: 20% of 59 employees let go. - **Tesla**: “More than 10%” global staff (~14,000) cut. - **Criteo**: Nearly 4% (up to 140 employees) cut. - **TikTok**: 250 employees in Ireland cut. - **Hinge Health**: 10% staff cut. - **Checkr**: 382 employees (32%) laid off. - **Bolt.Earth**: Significant staff cut, number unknown. - **Apple**: 614 employees in California cut after car project abandoned. - **Agility Robotics**: Small number of layoffs. - **Ghost Autonomy**: Shuts down, ~100 employees out. - **Whirlpool (Yummly)**: Yummly app shuts down. - **AWS**: Hundreds cut in Sales, Marketing, Global Services, Physical Stores Tech. - **Byju’s**: 500 employees (3%) laid off. **March 2024** - **Reliance**: 42,000 employees (11%) laid off plus 143,000 voluntary separations. - **ChowNow**: 20% staff cut post-Cuboh acquisition. - **Nintendo of America**: Restructuring testing dept; some contractors end. - **Dell**: 6,000 global jobs cut. - **Synctera**: ~15% staff (~17 employees) cut. - **ShopBack**: 195 roles (almost 25%) cut. - **Airmeet**: 20% cut in second restructuring in a year. - **Chipper Cash**: Another 20 employees laid off. - **Textio**: 16% staff cut. - **Stash**: 25% (~80 employees) cut. - **Phantom Auto**: Shuts down (~100 employees). - **IBM**: Marketing and communications staff slashed, 8,000+ jobs replaced by AI. - **Inscribe.ai**: ~40% staff cut. - **Turnitin**: ~15 employees cut. - **Sorare**: 13% staff in NY office cut. - **Melio**: 7% workforce reduction. - **ONE**: 13% (40 employees) cut. - **Project Ronin**: Shuts down (~150 employees). **February 2024** - **Fisker**: 15% workforce cut. - **EA**: 5% staff (670 employees) let go. - **Bumble**: 350 employees (30%) laid off. - **Apple**: Hundreds cut from autonomous car project. - **Sony (PlayStation)**: 900 employees (8%) cut. - **Expedia**: 1,500 roles (8%+) cut. - **Finder**: 60 employees (17%) cut. - **Rivian**: 10% salaried workforce cut. - **Meati Foods**: 13% cut. - **Cisco**: 5% (4,000+) laid off. - **Toast**: 550 employees cut. - **Instacart**: 250 employees cut. - **Mozilla**: Workforce reductions ~60 employees. - **Grammarly**: 230 employees cut. - **Getaround**: 30% of North America staff cut. - **Amazon**: Cuts in One Medical & Pharmacy; numbers unknown. - **DocuSign**: 6% workforce laid off. - **Snap**: 10% workforce (500+) cut. - **Polygon Labs**: 19% staff (60 employees) cut. - **Okta**: 400 employees laid off. **January 2024** - **Thinx**: 95 employees in NYC laid off. - **Proofpoint**: 6% global (280 employees) cut. - **Wattpad**: 15% workforce cut. - **Block**: ~1,000 employees laid off. - **PayPal**: Thousands reported cut. - **Aurora Solar**: 20% (~200 of 1,000) cut. - **iRobot**: 350 employees (1/3) after Amazon acquisition fails, CEO steps down. - **Salesforce**: 700 employees (~1%) cut after previous 10%. - **Flexport**: Another 20% staff cut. - **Microsoft (Gaming)**: 1,900 employees cut post-Activision acquisition. - **Swiggy**: 400 employees (7%) cut. - **Aurora**: ~3% workforce cut. - **eBay**: 9% (~1,000 employees) laid off. - **SAP**: Voluntary buyouts/job changes for 8,000 employees. - **Brex**: 20% (~282 employees) cut. - **TikTok**: ~60 U.S. employees cut, plus international reductions. - **Vroom**: 90% workforce cut, shutting down online car marketplace. - **Riot Games**: 11% (~530 employees) cut. - **Wayfair**: 13% (~1,650 employees) cut. - **YouTube**: 100 employees cut. - **Google**: Hundreds in ad sales, hardware teams cut. More ongoing. - **Lost Boys Interactive (Gearbox)**: “Sizable” layoffs. - **Pixar**: 20% (~260 employees) could be cut. - **Audible**: 5% staff cut. - **Discord**: 17% (~170 employees) laid off. - **Google (Assistant, Hardware)**: Hundreds laid off including Pixel/Nest/Fitbit teams. Fitbit co-founders exit. - **Amazon (Prime Video, MGM)**: “Several hundreds” cut after Twitch layoffs. - **Twitch**: 500 employees (35%) cut. - **Treasure Financial**: 14 employees let go (60-70%) in December, confirmed January. - **Duolingo**: 10% contractor staff replaced by AI. - **Rent the Runway**: 10% corporate roles cut. - **Unity**: 25% (~1,800 employees) cut after three rounds in 2023. - **Pitch**: Two-thirds of staff cut; CEO steps down. - **BenchSci**: 17% cut (January 8). - **Flexe**: 38% staff cut January 8 after previous cuts. - **NuScale**: 28% staff (154 employees) cut. - **Trigo**: 15% workforce cut. - **InVision**: Shutting down end of 2024. - **VideoAmp**: ~20% workforce cut. - **Orca Security**: 15% (~60) employees let go. - **Frontdesk**: 200 employees cut January 2, entire workforce after funding failed. Source: [TechCrunch](https://techcrunch.com/2024/12/17/tech-layoffs-2024-list/)