The trend of layoffs in the tech industry persisted into 2024, following substantial job losses in 2022 and 2023. Reports from the independent layoffs tracker Layoffs.fyi indicate that over 150,000 positions were eliminated across 542 companies in 2024. Major firms such as Tesla, Amazon, Google, TikTok, Snap, and Microsoft executed significant layoffs, while numerous smaller startups faced similar fates, leading to complete business closures in some instances.
Our tracking of layoffs will extend into 2025, providing insights into ongoing workforce reductions. Later this year, we will separate our lists for 2024 and 2025 to help clarify emerging trends.
By monitoring these layoffs, we gain valuable insights into how they affect innovation across companies of all sizes. Additionally, we can observe how the adoption of AI and automation technologies is influencing jobs that were once considered secure. This situation starkly reminds us of the emotional toll on individuals affected by layoffs and highlights the potential consequences for broader innovation.
Below is a detailed list of all recorded layoffs in the tech sector for 2024, with updates to be made regularly. If you have information regarding a layoff, please reach out to us. You may choose to remain anonymous when doing so.
- January 2025: 6,003 employees laid off — see all January 2025 Tech Layoffs
- December 2024: 2,268 employees laid off — see all December 2024 Tech Layoffs
- November 2024: 5,925 employees laid off — see all November 2024 Tech Layoffs
- 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
February 2025
Sonos
Reports indicate that around 200 employees were let go, as stated by The Verge. This follows a previous round in August 2024, in which 100 positions were eliminated.
Workday
The company executed layoffs affecting 1,750 employees, as first reported by Bloomberg and confirmed by TechCrunch. This constitutes roughly 8.5% of the total workforce for the enterprise HR platform.
Okta
The identity management firm laid off 180 employees, confirming the cuts to TechCrunch. This comes just over a year after Okta previously let go of 400 employees.
Cruise
The autonomous vehicle company announced it is reducing its workforce by 50%, including CEO Marc Whitten and several executive staff, as it prepares to transition operations under General Motors.
Salesforce
Reports suggest that the company is letting go of over 1,000 positions, which coincides with active recruitment efforts for new AI product sales.
January 2025
Cushion
The company has ceased operations, as announced by CEO Paul Kesserwani on LinkedIn. Cushion’s post-money valuation was reported at $82.4 million in 2022, according to PitchBook.
Placer.ai
The firm laid off 150 employees based in the U.S., which represents approximately 18% of its total workforce, as part of efforts to achieve profitability.
Amazon
The company has laid off dozens of employees in its communication division to facilitate swifter movements and to enhance ownership while fostering closer connections between teams and customers.
Compiled by Techarena.au.
Fanpage: TechArena.au
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