The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts across 457 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized startups have also seen a fair amount of cuts, and in some cases, have 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 have occurred in 2024, to be updated regularly. If you have a tip on a layoff, contact us here. If you prefer to remain anonymous, you can contact us here.
October 2024: 3,659 employees laid off — see all October 2024 Tech Layoffs
September 2024: 3,765 employees laid off — see all September 2024 Tech Layoffs
August 2024: 26,024 employees laid off — see all August 2024 Tech Layoffs
July 2024: 9,051 employees laid off — see all July 2024 Tech Layoffs
June 2024: 10,083 employees laid off — see all June 2024 Tech Layoffs
May 2024: 11,011 employees laid off — see all May 2024 Tech Layoffs
April 2024: 22,423 employees laid off — see all April 2024 Tech Layoffs
March 2024: 7,403 employees laid off — see all March 2024 Tech Layoffs
February 2024: 15,639 employees laid off — see all February 2024 Tech Layoffs
January 2024: 34,107 employees laid off — see all January 2024 Tech Layoffs
November 2024
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 2021.
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 over …