The wave of layoffs in the tech sector carried into 2024. After experiencing significant workforce reductions in 2022 and 2023, over 150,000 jobs were eliminated across 542 companies in 2024, as reported by the independent layoffs tracker Layoffs.fyi. Major corporations such as Tesla, Amazon, Google, TikTok, Snap, and Microsoft executed large layoffs this year, while numerous smaller startups also either reduced their workforce or ceased operations entirely.
We will continue monitoring the landscape of layoffs into 2025 to provide insights into this ongoing trend. Later this year, we plan to compile distinct lists for 2024 and 2025, making it simpler to analyze the data.
Tracking these layoffs helps us gauge their influence on innovation, both at large and small firms. Moreover, we can examine how businesses are integrating AI and automation into roles that were once deemed secure. This situation also highlights the human cost of layoffs and the potential consequences for future innovation.
Below is an extensive list of all reported layoffs within the tech sector in 2024, which will be updated regularly. If you have information regarding a layoff, please share with us here. If you wish to remain anonymous, you can contact us here.
- January 2025: 6,003 employees laid off — view all January 2025 Tech Layoffs
- December 2024: 2,268 employees laid off — view all December 2024 Tech Layoffs
- November 2024: 5,925 employees laid off — view all November 2024 Tech Layoffs
- October 2024: 3,659 employees laid off — view all October 2024 Tech Layoffs
- September 2024: 3,765 employees laid off — view all September 2024 Tech Layoffs
- August 2024: 26,024 employees laid off — view all August 2024 Tech Layoffs
- July 2024: 9,051 employees laid off — view all July 2024 Tech Layoffs
- June 2024: 10,083 employees laid off — view all June 2024 Tech Layoffs
- May 2024: 11,011 employees laid off — view all May 2024 Tech Layoffs
- April 2024: 22,423 employees laid off — view all April 2024 Tech Layoffs
- March 2024: 7,403 employees laid off — view all March 2024 Tech Layoffs
- February 2024: 15,639 employees laid off — view all February 2024 Tech Layoffs
- January 2024: 34,107 employees laid off — view all January 2024 Tech Layoffs
February 2025
Sonos
According to a report by The Verge, Sonos has let go of around 200 employees. This layoff follows a previous round that trimmed 100 jobs in August 2024.
Workday
The company has laid off 1,750 employees, as initially reported by Bloomberg and later confirmed by TechCrunch. This reduction represents about 8.5% of Workday’s total staff.
Okta
Confirmed layoffs of 180 employees, as reported to TechCrunch. These cuts come just over a year after Okta downsized by 400 employees.
Cruise
Cruise is reportedly laying off 50% of its workforce, including CEO Marc Whitten and several high-level executives, as it prepares to cease operations. Remaining assets will be transitioned to General Motors.
Salesforce
Reports indicate Salesforce is planning to eliminate over 1,000 jobs while simultaneously hiring for new roles related to AI products.
January 2025
Cushion
Cushion has ceased operations, as stated by CEO Paul Kesserwani in a LinkedIn announcement. The fintech startup had a post-money valuation of $82.4 million back in 2022, according to PitchBook.
Placer.ai
The company let go of 150 employees in the U.S., which constitutes about 18% of its total workforce, in a bid to achieve profitability.
Amazon
Amazon has laid off dozens of employees in its communications department, aiming to enhance speed, accountability, and team alignment closer to customer needs.
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Compiled by Techarena.au.
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