Image Credits: Bryce Durbin / TechCrunch
The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs slowed down in the summer, before cuts began ramping up yet again toward the winter.
Momentum for a tech sector rebound remains slow to build, outside of bright spots within artificial intelligence and adjacent companies, resulting in tech companies continuing to cut back on their workforces and pivot from a growth mindset to one based on efficiency in the face of stubborn market conditions.
But tracking these layoffs helps us to understand the impact on innovation, which companies are facing tough pressures and who is available to hire for the businesses lucky to be growing right now. Unfortunately, it also serves as a reminder of the deeply human impact of layoffs and how risk profiles could evolve from here.
Below you’ll find a comprehensive list of all the known layoffs in tech that started last year, to be updated monthly. If you have a tip on a layoff, contact us here. If you prefer to remain anonymous, you can contact us here.
The final total of layoffs for 2023 ended up being 262,735, according to Layoffs.fyi. Tech layoffs conducted in 2023 were 59% higher than 2022’s total, according to the data in the tracker. And 2024 is off to a rough start despite not reaching the peak of last year’s first quarter cutbacks.
- January: 89,554 employees laid off — see all January 2023 Tech Layoffs
- February: 40,021 employees laid off — see all February 2023 Tech Layoffs
- March: 37,823 employees laid off — see all March 2023 Tech Layoffs
- April: 20,014 employees laid off — see all April 2023 Tech Layoffs
- May: 14,928 employees laid off — see all May 2023 Tech Layoffs
- June: 10,958 employees laid off — see all June 2023 Tech Layoffs
- July: 10,589 employees laid off — see all July 2023 Tech Layoffs
- August: 9,545 employees laid off — see all August 2023 Tech Layoffs
- September: 4,632 employees laid off — see all September 2023 Tech Layoffs
- October: 7,331 employees laid off — see all October 2023 Tech Layoffs
- November: 6,956 employees laid off — see all November 2023 Tech Layoffs
- December: 7,159 employees laid off — see all December 2023 Tech Layoffs
- January 2024: 19,350 employees laid off — see all January 2024 Tech Layoffs
- February 2024: 15,589 employees laid off — see all February 2024 Tech Layoffs
- March 2024: 7,322 employees laid off — see all March 2024 Tech Layoffs
April 2024
Tesla
Is cutting “more than 10%” of its global workforce, 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.
Criteo
Is reducing its global workforce by nearly 4%, impacting up to 140 employees.
TikTok
Is laying off 250 employees based in Ireland as it restructures its Training and Quality team.
Hinge Health
Cut approximately 10% of its workforce, TechCrunch exclusively learned, as the company prepares for an IPO and aims to reach profitability.
Checkr
Has laid off 382 employees, amounting to 32% of its total workforce, TechCrunch exclusively learned. The background-screening platform was last valued at $5 billion in April of 2022.
Bolt.Earth
Reportedly laid off a sizable part of its staff in a restructuring effort. The number of employees impacted is currently unknown, but sources told Inc42 that it could be “in the range of 70-100” workers.
Apple
Is laying off 614 employees in California after abandoning its electric car project, according to a WARN notice.
Agility Robotics
Has laid off a “small number” of employees as part of a company-wide focus on commercialization efforts.
Ghost Autonomy
Shut down operations. The company, which was backed by OpenAI, employed about 100 people.
Whirlpool
Is shutting down Yummly, the recipe and cooking app it acquired in 2017.
AWS
Will cut hundreds of jobs across Sales, Marketing, Global Services and its Physical Stores Technology team.
Byju’s
Is laying off about 500 employees, accounting for 3% of its total workforce, as part of a restructuring effort.
March 2024
ChowNow
Has laid off 20% of its staff after acquiring point-of-sale platform Cuboh. The company previously laid off 100 people in 2022.
Nintendo of America
Is restructuring its testing department, which is largely made up of contractors. A Nintendo spokesperson told Kotaku the changes will end some assignments but will lead to the creation of new full-time…