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.

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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