Home Startups An In-Depth Overview of Tech Layoffs for 2024 and 2025

An In-Depth Overview of Tech Layoffs for 2024 and 2025

by admin

The wave of layoffs in the tech sector carried on into 2024. After considerable workforce reductions in 2022 and 2023, the year 2024 recorded over 150,000 job losses across 542 companies, as reported by the independent layoffs tracker Layoffs.fyi. Major players such as Tesla, Amazon, Google, TikTok, Snap, and Microsoft all implemented significant layoffs this year. Even smaller startups faced redundancies, with some shutting down their operations entirely.

We continue to monitor industry layoffs as we head into 2025, providing insights to track the ongoing trends. Later this year, we will categorize our findings from 2024 and 2025 to facilitate a clearer analysis of these patterns.

By documenting these layoffs, we gain an understanding of how they affect innovation and productivity across both large and small enterprises. We can also observe the ramifications of widespread adoption of AI and automation for jobs that were once deemed secure, highlighting the human factor behind layoffs and the potential risks associated with escalated innovation.

Below is a complete list of all known tech layoffs that occurred in 2024, which will be updated regularly. If you have information regarding a layoff, please contact us here. If you wish to remain anonymous, you can reach out to us here.

February 2025

Sophos

The cybersecurity firm confirmed that it is laying off 6% of its total workforce. This decision follows less than two weeks after Sophos acquired Secureworks for $859 million.

Zepz

The company will cut nearly 200 employees as part of efficiency measures and is closing its operations in Poland and Kenya.

Unity

The company reportedly implemented yet another round of layoffs. The exact number of affected employees remains unclear.

JustWorks

The company cut nearly 200 jobs, CEO Mike Seckler disclosed in a message to employees, citing potential negative impacts such as a recession or rising interest rates.

Bird

The company eliminated 120 positions, affecting about one-third of its workforce, as TechCrunch exclusively reported. This action follows a previous round of layoffs one year ago that saw 90 employees cut after its rebranding.

Compiled by Techarena.au.
Fanpage: TechArena.au
Watch more about AI – Artificial Intelligence

You may also like

About Us

Get the latest tech news, reviews, and analysis on AI, crypto, security, startups, apps, fintech, gadgets, hardware, venture capital, and more.

Latest Articles