The technology sector, which has long been a driving force behind global innovation and economic growth, has experienced a significant shift in 2024. As companies face economic headwinds, increased costs, and shifting market conditions, layoffs have become more frequent, even among well-established players.
Once viewed as the backbone of the modern economy, the tech sector is now grappling with the harsh realities of the post-pandemic world, supply chain disruptions, and inflationary pressures. The result? Widespread layoffs, restructuring, and downsizing.
What was once a sector known for rapid hiring and growth has now seen some of its most prominent names slashing their workforce in response to various challenges. From small startups to global giants, many tech companies have been forced to rethink their strategies, re-evaluate their priorities, and scale back on operations.
This article aims to provide a detailed overview of the layoffs that have occurred in the tech industry throughout 2024, breaking them down by company and highlighting the key factors behind these decisions.
September 2024 Layoffs
Microsoft
Microsoft laid off around 650 employees in its gaming division. This reduction followed a previous round of 1,900 job cuts in the same division after the acquisition of Activision Blizzard.
Nori
Nori shut down its operations due to a “tough funding environment.” Co-founder Alexsandra Guerra announced the closure on LinkedIn.
Bending Spoons
Bending Spoons, which acquired WeTransfer in July, laid off 75% of WeTransfer’s staff. The acquisition amount was not disclosed.
Goop
Goop reduced its workforce by 18%, impacting its 216-person staff. The cuts were part of a shift towards focusing on beauty and food brands, while deprioritising wellness and travel.
Fly.io
Fly.io reportedly laid off around 40 employees as part of a restructuring effort. The company aimed to realign its operations for future growth.
Motif FoodWorks
Motif FoodWorks shut down its operations following a lengthy legal battle with competitor Impossible Foods. The closure marked the end of its business activities.
August 2024 Layoffs
Character.AI
Character.AI cut at least 5% of its staff, impacting employees in its marketing and recruiting departments. The reductions were part of broader cost-cutting measures.
Apple
Apple reportedly reduced around 100 jobs within its digital services group. The cuts potentially affected workers in the Books and News teams.
Brave
Brave laid off 27 employees across various departments. This reduction impacted roughly 14% of the web browser and search startup’s total staff.
Scale AI
Scale AI terminated more than 1,000 remote contract workers. The company clarified that full-time employees were not affected by these cuts.
Skip the Dishes
Skip the Dishes cut 100 workers in Canada and 700 from its parent company, Just Eat Takeaway.com. CEO Paul Burns announced the reductions on LinkedIn.
GoPro
GoPro announced a plan to reduce its workforce by about 15% by the end of the year. The cuts, affecting approximately 139 workers, were part of a major restructuring effort.
Retention.com
Retention.com laid off 40% of its staff, impacting 15 employees. CEO Adam Robinson shared the news on LinkedIn, noting the significant reduction.
Loop
Loop conducted layoffs as the company underwent a “strategic shift” in priorities. The number of affected employees was not specified.
Inuitive
Inuitive cut 20% of its workforce, affecting around 80 employees. CEO Shlomo Gadot also stepped down from his position at the company.
Formlabs
Formlabs laid off a “small number” of employees, impacting 40 out of its less than 750-person staff. The reductions occurred over the past two years.
Sonos
Sonos cut 100 employees, or 6% of its workforce, according to CEO Patrick Spence. This followed a previous 7% reduction in headcount in 2023.
Cisco
Cisco reportedly eliminated thousands of jobs in August, continuing a trend of significant layoffs. This followed the earlier cut of more than 4,000 employees in February 2024.
Tally
Tally shut down its operations after exploring all options. The fintech company, which had 183 employees, ceased operations due to financial constraints.
Branch.io
Branch.io laid off more than 100 employees, significantly reducing its team. Nova Launcher, acquired by Branch in 2022, saw its team cut down to one full-time developer.
READY Robotics
READY Robotics stopped its operations and began auctioning off equipment through Silicon Valley Disposition. The company’s closure marked the end of its activities.
Eventbrite
Eventbrite cut around 100 employees, representing 11% of its total workforce. This followed a previous reduction of 8% in February 2023.
LegalZoom
LegalZoom announced a 15% reduction in its global workforce and paused future hiring efforts. The move aimed to save $25 million for the company.
Techstars
Techstars laid off 17% of its staff and decided to end its $80 million J.P. Morgan-backed programs. The cuts followed financial losses and leadership changes.
Mobius
Mobius shut down operations entirely due to financial struggles. The Kenya-based SUV manufacturer cited tax hikes as a significant factor in its closure.
Infineon
Infineon cut 1,400 jobs globally, including several roles at its German plant. The company also planned to relocate an additional 1,400 employees to countries with lower labor costs.
Jam City
Jam City eliminated around 85 employees, affecting 10% of its workforce. The reductions were part of the video game developer and publisher’s restructuring efforts.
Dell
Dell conducted layoffs as part of a strategy to become “leaner” and create a new sales unit focused on AI products and services. The exact number of impacted employees was not disclosed.
Intel
Intel began August with substantial layoffs, cutting 15,000 employees, or 15% of its total staff. CEO Pat Gelsinger cited unmet revenue growth and a lack of benefits from trends like AI as reasons for the reductions.
July 2024 Layoffs
Rad Power Bikes
Rad Power Bikes, having raised over $300 million, conducted its latest round of layoffs in July. The number of affected employees was not disclosed, but it followed multiple rounds of layoffs since April 2021.
Match Group
Match Group discontinued livestreaming services on its dating apps, including Plenty of Fish and BLK. This shift towards generative AI resulted in a 6% reduction in its total workforce.
Bungie
Bungie cut 220 employees, approximately 17% of its workforce. The reductions affected all levels of the company, including senior and executive leadership, as announced by CEO Pete Parsons.
Pocket FM
Pocket FM eliminated nearly 200 U.S. writer roles. The layoffs followed the company’s partnership with ElevenLabs to convert scripts into audio content using AI.
WayCool Foods
WayCool Foods laid off more than 200 employees across several departments. This marked the company’s third significant layoff round in the past year.
Webflow
Webflow announced it would cut roughly 8% of its workforce. The reduction was part of the company’s effort to progress towards its “next phase of growth.”
Cohere
Cohere laid off about 20 employees, nearly 5% of its total workforce. The cuts followed the company’s announcement of a $500 million raise at a $5 billion valuation.
Magic Leap
Magic Leap reportedly cut around 75 employees, including its entire sales and marketing departments. The cuts were part of a strategic reshuffle.
Mercari
Mercari laid off nearly half of its U.S. employees as the company struggled to compete with rivals like Temu. The reductions were part of broader cost-cutting measures.
Aqua
Aqua eliminated 50 employees, accounting for 10% of its workforce. This followed a recent $60 million raise, valuing the cybersecurity company at $1 billion.
EverC
EverC laid off 10% of its 165-person workforce. The company, known for cyber intelligence software, aimed to streamline operations to prevent online fraud.
Lex
Lex laid off most of its small team as it faced challenges in monetising its LGBTQ+ social networking site. The company had recently raised $5.6 million in seed funding.
Monarch Tractor
Monarch Tractor cut “less than” 15% of its 250- to 300-person workforce. This adjustment came after a $133 million Series C funding round.
Kaspersky
Kaspersky laid off dozens of employees and exited the U.S. market following a government order banning the sale of its software due to security concerns.
Salesforce
Salesforce eliminated about 300 positions as part of a broader effort to cut costs and streamline operations. The move was part of the company’s restructuring strategy.
Intuit
Intuit cut 1,800 employees, impacting 10% of its workforce. The company indicated that more than half of these reductions were due to low performance, with plans to hire an equivalent number.
UiPath
UiPath planned to cut 420 jobs, representing 10% of its total workforce. The reductions were part of a significant restructuring effort within the company.
UKG
UKG cut an estimated 2,200 employees, about 14% of its workforce. The cuts aimed to reallocate resources to “key areas of product innovation.”
OpenText
OpenText planned to eliminate roughly 1,200 jobs, nearly 2% of its workforce. The reductions were intended to significantly cut expenses by 2025.
Unacademy
Unacademy laid off about 250 employees, following a series of job cuts. This latest reduction occurred after schools reopened across India post-pandemic.
Koo
Koo ceased operations after acquisition talks with Dailyhunt failed. The company’s closure followed unsuccessful attempts to secure a deal.
Upside Foods
Upside Foods cut 26 employees as the lab-grown meat industry faced a decline in VC funding. CEO Uma Valeti confirmed the workforce reduction via email.
Sightful
Sightful eliminated 20 employees, a third of its workforce, as the company shifted its focus to software development. The reduction was part of a strategic realignment.
June 2024 Layoffs
RealPage
RealPage cut approximately 4% of its workforce as part of a growth plan. The company was also dealing with a consolidated lawsuit alleging price-fixing practices.
Planet
Planet laid off around 180 employees, or 17% of its workforce, according to an SEC filing. This marked the company’s second recent round of layoffs.
Moxion Power
Moxion Power laid off over 100 employees, as indicated by a WARN filing. The cuts followed a large office expansion in Richmond, California.
eBay
eBay conducted layoffs in Israel as part of a global restructuring effort. The details of the layoffs were not specified.
BeReal
BeReal cut a significant number of its staff following its acquisition by French gaming company Voodoo. The exact number of layoffs was not disclosed.
Flutterwave
Flutterwave laid off about 30 employees, representing 3% of its workforce. The company refocused its business towards enterprise solutions.
Ginkgo Bioworks
Ginkgo Bioworks terminated 158 employees and planned additional layoffs. The company aimed to reduce its workforce by 25%.
Moovit
Moovit made cuts affecting 10% of its workforce, impacting around 20 to 25 employees. The reductions were part of a broader adjustment.
Wex
Wex laid off 375 employees, which was 5% of its total workforce. The cuts were part of a company-wide restructuring effort.
PayPal
PayPal announced it would eliminate up to 85 positions in Ireland. This reduction was part of the company’s global restructuring efforts.
Rapyd
Rapyd laid off around 30 employees in Israel and moved positions to other regions to cut costs. The company sought to streamline its operations.
C2FO
C2FO cut 16 employees from its supplier resource management department. The focus was on increasing automation within the company.
Chegg
Chegg reduced its global headcount by 23% in a major restructuring. The online learning platform aimed to become a leaner operation.
StackPath
StackPath closed down and began liquidating its assets. The number of employees affected was not disclosed.
Unit
Unit reduced its headcount by 15% as part of a strategic shift to focus on longer-term goals. The company announced these changes in a blog post.
Loop
Loop made additional cuts, with co-CEO Carey Anne Nadeau announcing the reductions on LinkedIn. The exact number of employees impacted was not specified.
Care/of
Care/of laid off its 143 employees by July 3 due to a funding loss. The company stopped accepting new orders but did not fully shut down.
Running Tide
Running Tide shut down its operations and laid off its remaining employees. The company had raised over $50 million since its 2017 inception.
Satellogic
Satellogic laid off 70 employees, about 30% of its workforce. This followed an earlier round of cuts affecting 34 employees.
ByteDance
ByteDance slashed around 450 jobs at its Indonesian e-commerce division. This represented 9% of the unit’s workforce.
VRChat
VRChat eliminated about 30% of its total workforce, as confirmed by CEO Graham Gaylor. The cuts were part of a broader restructuring effort.
Paytm
Paytm conducted large-scale cuts across the company. The total number of employees impacted was not disclosed.
Kissflow
Kissflow cut around 45 jobs as part of its restructuring efforts. The reductions were aimed at streamlining operations.
Copia Global
Copia Global laid off at least 1,060 employees, following the startup’s filing for administration. The cuts were part of the company’s financial reorganization.
Revel
Revel laid off its 1,000+ staff drivers as it shifted to a gig worker model similar to Lyft and Uber. The change aimed to adjust the company’s business model.
Simpl
Simpl cut 30 employees a month after previously laying off 160 people. The additional cuts were part of ongoing cost reduction efforts.
Oda
Oda confirmed layoffs of 150 jobs as it scaled back its expansion plans. The company decided to focus on its markets in Norway and Sweden.
Pagaya
Pagaya laid off 100 workers, or 20% of its staff, in another round of cuts. The reductions were part of a broader cost-cutting strategy.
MoonPay
MoonPay laid off around 10% of its workforce, affecting approximately 30 people. The company made these cuts as part of a restructuring effort.
Microsoft
Microsoft reportedly cut hundreds of employees in its Azure cloud business. The exact number of impacted employees was not disclosed.
OrCam
OrCam laid off 100 employees, following an earlier reduction of 50 workers. The cuts were part of a broader cost-saving initiative.
Google made large cuts across several Cloud teams, including those focused on sustainability, consulting, and partner engineering. The exact number of layoffs was not specified.
Tropic
Tropic eliminated 40 employees as part of a restructuring effort. The announcement was made by CEO David Campbell on LinkedIn.
May 2024 Layoffs
Gro Intelligence
Gro Intelligence shut down its operations after laying off 60% of its staff in March to stay afloat. The company’s closure marked a significant end to its attempts at financial recovery.
Jasper Health
Jasper Health laid off a substantial portion of its workforce, with the engineering and product design departments being the most impacted. The cancer care platform startup faced major cuts as it adjusted to market challenges.
Cirium
Cirium reduced its workforce by laying off 37 tech workers at FlightStats, the flight tracking startup it acquired in 2016. The layoffs were part of a consolidation effort in India and the U.K.
Walnut
Walnut cut 15 employees, impacting 20% of its total workforce. The Israeli startup undertook these reductions as part of a strategic restructuring.
Fisker
Fisker laid off hundreds of employees in a bid to sustain its operations. Reports indicated that approximately 150 people remained at the company following the layoffs.
Cue Health
Cue Health shut down its operations and laid off its remaining staff. The company had previously cut half of its workforce earlier in the month to reduce costs.
Foursquare
Foursquare let go of 105 employees as it sought to streamline its operations. The layoffs were part of a broader restructuring effort under CEO Gary Little.
Lucid Motors
Lucid Motors laid off about 400 employees, or roughly 6% of its workforce. The cuts were part of a restructuring plan ahead of the launch of its first electric SUV later in the year.
TikTok
TikTok planned significant cuts to its global operations and marketing teams. The exact number of affected employees was not disclosed at the time of the announcement.
Pixar
Pixar cut 14% of its staff, impacting 175 employees, as the company shifted focus back to film production from its previous emphasis on Disney+ programming.
Replit
Replit laid off 20% of its staff as it refocused its efforts on enterprise sales. The reduction was part of a strategic shift for the coding startup.
SeekOut
SeekOut reduced its workforce by about 30%. The AI-driven recruiting startup, valued at over $1.2 billion in early 2022, made these cuts to streamline operations.
Gopuff
Gopuff eliminated 6% of its staff in another round of layoffs as it aimed to achieve cash-flow positivity by the end of 2024. The company continued its efforts to stabilize finances.
Atmosphere
Atmosphere planned to lay off 106 employees, as indicated by a WARN notice filed in Texas. The layoffs were part of a broader restructuring effort.
Mainvest
Mainvest shut down its operations, though the exact number of affected employees was not disclosed. The closure marked the end of the company’s activities.
Indeed
Indeed cut roughly 1,000 jobs, impacting 8% of its headcount. CEO Chris Hyams communicated the reductions in a letter to staff, reflecting ongoing adjustments.
Motional
Motional laid off around 40% of its workforce, affecting about 550 employees. The cuts came amid a broader restructuring and the departure of its chief operating officer.
Google eliminated 57 positions in San Francisco, as detailed in a WARN notice filed in California. The reductions were part of the company’s ongoing cost-cutting measures.
Vacasa
Vacasa cut 800 employees, which accounted for 13% of its workforce. The layoffs were part of a significant restructuring effort aimed at improving operational efficiency.
Brilliant
Brilliant laid off most of its staff and ceased selling its smart home controllers and light switches. The company was seeking a buyer following the staff reductions.
Enovix
Enovix laid off roughly 170 workers, impacting a third of its total headcount. The reductions were intended to cut back on annual operating costs.
Microsoft
Microsoft closed Arkane Austin, Tango Gameworks, and other game studios as part of cuts at Bethesda. The number of impacted employees was not specified.
Cue Health
Cue Health cut 230 employees, or about 49% of its workforce, as part of its cost-cutting measures. The reductions were detailed in documents filed with the U.S. SEC.
Luminar
Luminar slashed its workforce by 20%, affecting around 140 employees. The company also severed ties with the majority of its contract workers.
Sprinklr
Sprinklr laid off about 3% of its workforce, impacting 116 people. The cuts followed a previous reduction of 4% of its headcount over a year ago.
Peloton
Peloton laid off 15% of its workforce, affecting approximately 400 employees. The company also saw the departure of its CEO, Barry McCarthy, as part of its cost-cutting efforts.
April 2024 Layoffs
Tesla
Tesla gutted its charging team in a new round of layoffs, as announced by CEO Elon Musk in an overnight email to executives. The company also cut more than 10% of its global workforce, impacting over 14,000 employees, as it prepared for a challenging EV market.
Google laid off staff across key teams, including Flutter, Dart, and Python, though the exact number of affected employees remained unclear. The company continued its cost-cutting measures throughout the month.
Fisker
Fisker announced additional layoffs to preserve cash, according to an internal email seen by TechCrunch. The specific number of cuts was not disclosed.
Getir
Getir shut down its operations in the U.S., the U.K., and Europe, leading to the loss of at least 6,000 jobs across these markets. The company faced significant downsizing as part of its exit from these regions.
Ola
Ola cut around 180 jobs in a move aimed at improving profitability. The company also parted ways with its chief executive, Hemant Bakshi, amid these reductions.
True Anomaly
True Anomaly, a space and defense startup, laid off nearly 30 employees, which represented about 25% of its workforce. The reductions were due to the consolidation of roles and functions across the company.
Expedia
Expedia was expected to cut employees in its Austin office for the second time this year, as part of ongoing workforce reductions. The full impact of these cuts was still being assessed.
Nike
Nike planned to eliminate 740 positions at its Oregon headquarters in the summer, according to a WARN Act notice. This move was part of the company’s broader restructuring efforts.
Stability AI
Stability AI cut 10% of its workforce following the departure of former CEO Emad Mostaque. The reduction aimed to streamline operations and adjust to new leadership.
Rivian
Rivian reduced its workforce by 1%, marking its second round of layoffs for the year. The move was part of the company’s strategy to adapt to a challenging EV market.
Take-Two
Take-Two laid off 5% of its workforce, affecting around 579 employees. The GTA 6 publisher also announced the cancellation of several projects in development.
Tome
Tome eliminated about 20% of its 59 employees as part of a restructuring effort. The reduction aimed to streamline operations and focus on key business areas.
Criteo
Criteo reduced its global workforce by nearly 4%, impacting up to 140 employees. The cuts were part of the company’s ongoing cost-saving measures.
TikTok
TikTok laid off 250 employees based in Ireland, focusing on restructuring its Training and Quality team. The reductions were part of broader organizational changes.
Hinge Health
Hinge Health cut approximately 10% of its workforce as it prepared for an IPO and aimed to reach profitability. The reductions were part of the company’s strategic realignment.
Checkr
Checkr laid off 382 employees, or 32% of its total workforce. The background-screening platform, last valued at $5 billion in April 2022, made these cuts as part of a broader restructuring.
Bolt.Earth
Bolt.Earth reportedly laid off a significant portion of its staff, with the number of impacted employees estimated between 70 and 100. The reductions were part of a restructuring effort.
Apple
Apple laid off 614 employees in California following the abandonment of its electric car project. This move was part of the company’s ongoing adjustments to its strategic focus.
Agility Robotics
Agility Robotics laid off a small number of employees as it focused on commercialization efforts. The company aimed to streamline its operations for future growth.
Ghost Autonomy
Ghost Autonomy shut down its operations, impacting about 100 employees. The company, backed by OpenAI, ceased its activities amid broader market challenges.
Whirlpool
Whirlpool decided to shut down Yummly, the recipe and cooking app it acquired in 2017. This decision led to workforce reductions and the closure of the app.
AWS
AWS cut hundreds of jobs across various divisions, including Sales, Marketing, Global Services, and its Physical Stores Technology team. The reductions were part of a broader efficiency drive.
Byju’s
Byju’s laid off about 500 employees, accounting for 3% of its total workforce, as part of a restructuring effort aimed at improving operational efficiency.
March 2024
Reliance
India’s largest conglomerate, Reliance, laid off more than 42,000 employees, accounting for 11% of its workforce, in its fiscal year ending in March 2024. Additionally, 143,000 employees opted for “voluntary separations.”
ChowNow
ChowNow cut 20% of its workforce following the acquisition of point-of-sale platform Cuboh. The company had previously laid off 100 employees in 2022.
Nintendo of America
Nintendo is restructuring its testing department, ending some contractor assignments but creating new full-time roles.
Dell
Dell cut around 6,000 jobs globally, as reported in a 10-K SEC filing, with a total of 13,000 jobs eliminated over the past year.
Synctera
Synctera reduced its workforce by 15%, impacting 17 employees, according to a report by Fintech Business Weekly.
ShopBack
ShopBack laid off 195 employees, nearly a quarter of its staff, in an effort to become more financially sustainable.
Airmeet
Airmeet cut 20% of its workforce in its second restructuring effort within a year.
Chipper Cash
Chipper Cash laid off 20 employees in another round of cuts, as confirmed by CEO Ham Serunjogi.
Textio
Textio cut 16% of its workforce to support the launch of its Textio Lift product.
Stash
Stash laid off about 25% of its workforce, affecting roughly 80 employees, according to Axios.
Phantom Auto
The remote driving startup Phantom Auto is shutting down after failing to secure funding, impacting more than 100 employees.
IBM
IBM is reportedly cutting its marketing and communications staff, following an announcement to replace 8,000 jobs with AI.
Inscribe.ai
Inscribe.ai laid off nearly 40% of its workforce, impacting dozens of employees, according to TechCrunch.
Turnitin
Turnitin laid off around 15 employees, with plans to reduce 20% of its workforce thanks to AI developments.
Sorare
Sorare laid off 13% of its New York-based staff as it shifts focus to its Paris headquarters.
Melio
Melio is cutting 7% of its workforce as part of restructuring efforts. The fintech unicorn last downsized in August 2022.
ONE
Battery startup ONE laid off 13% of its workforce, affecting 40 employees, marking its second round of cuts in recent months.
Project Ronin
Project Ronin is shutting down, resulting in a mass layoff that will affect approximately 150 employees.
Fisker
Fisker announced plans to cut 15% of its workforce as the company struggled with a precarious financial situation. The electric vehicle maker revealed it was uncertain whether it could sustain operations for the next 12 months, raising concerns about its future stability.
EA (Electronic Arts)
EA cut 5% of its workforce, affecting around 670 employees. The layoffs were part of the company’s decision to shift away from the development of future licensed intellectual property (IP). The move aimed to focus on internally-owned game franchises and original content.
Bumble
Bumble, the popular dating app company, decided to let go of 350 employees, representing about 30% of its workforce. The company cited a need to streamline its operations in response to the changing market landscape and increasing competition in the tech sector.
Apple
Apple made headlines as it cut hundreds of employees involved in its autonomous electric car project. The decision came after the company paused its efforts on the much-anticipated project, leaving the future of Apple’s car initiative uncertain.
Sony
Sony’s PlayStation division laid off 900 employees, affecting 8% of its workforce. This round of cuts impacted employees at Insomniac Games, Naughty Dog, Guerrilla, and Firesprite studios as Sony shifted its focus toward fewer game releases in 2024.
Expedia
Expedia announced plans to eliminate 1,500 jobs, primarily from its Product & Technology division. The layoffs accounted for more than 8% of the company’s workforce, part of a larger restructuring effort aimed at cutting costs and focusing on profitability.
Finder
Finder, a financial startup, conducted its third major layoff round in the past 12 months, eliminating 60 employees. This accounted for 17% of its workforce, as the company struggled to remain competitive in the fintech space amid increasing economic pressures.
Rivian
Rivian announced plans to cut 10% of its salaried workforce as it faced rising operational costs and challenges in the electric vehicle market. The layoffs were part of the company’s broader effort to streamline operations and reduce expenses.
Meati Foods
Meati Foods, a plant-based meat startup, laid off 13% of its workforce as it worked to ensure financial sustainability. CEO Phil Graves explained the decision in an exclusive interview, highlighting the need for the company to become more financially responsible while continuing its growth trajectory.
Cisco
Cisco announced plans to eliminate 5% of its workforce, impacting over 4,000 employees globally. The cuts were part of a larger strategy to adjust the company’s focus on profitable segments and improve operational efficiency.
Toast
Toast, a restaurant management software company, revealed plans to lay off approximately 550 employees. The company stated that the decision was aimed at promoting operating expense efficiency and aligning resources with its long-term goals.
Instacart
Instacart, the grocery delivery service, announced in an SEC filing that it would lay off around 250 employees. The layoffs were part of a broader restructuring effort, with the company focusing on better aligning its workforce with its strategic priorities.
Mozilla
Mozilla scaled back its investments in a number of products, leading to layoffs affecting around 60 employees. The organisation continues to struggle with profitability, prompting a need for restructuring to ensure the longevity of its core services, such as the Firefox browser.
Grammarly
Grammarly, known for its popular writing tool, laid off 230 employees globally. The company cited the move as part of its broader efforts to shift towards developing an AI-enabled workplace, reflecting the growing influence of artificial intelligence in corporate operations.
Getaround
Getaround, a peer-to-peer car-sharing platform, announced plans to cut 30% of its North American workforce. The restructuring followed financial difficulties the company had faced as it struggled to maintain profitability in the highly competitive car rental industry.
Amazon
Amazon reportedly cut jobs in its healthcare businesses, including One Medical and Amazon Pharmacy. The number of impacted roles remains unclear, but the move signals Amazon’s struggle to establish a foothold in the healthcare market amid ongoing financial pressures.
DocuSign
DocuSign revealed plans to eliminate 6% of its workforce, primarily impacting the sales and marketing divisions. The cuts were part of a broader effort to restructure the company’s operations and focus on core revenue-driving activities.
Snap
Snap, the parent company of Snapchat, announced plans to cut 10% of its workforce, affecting roughly 500 employees. The layoffs were driven by a need to reduce organisational hierarchy and streamline operations, as the company faced increasing financial challenges.
Polygon Labs
Polygon Labs, a blockchain development firm, laid off 60 employees, or approximately 19% of its workforce. CEO Marc Boiron explained the decision in a blog post, citing the need to focus on fewer projects while maintaining a strong financial position in the blockchain sector.
Okta
Okta, an identity management company, announced it was cutting around 400 employees, marking the second consecutive year of layoffs. The company cited the need to reduce costs and focus on profitable ventures amid a challenging economic environment.
