The tech industry continues to witness a wave of layoffs in 2024, with over 60,000 job cuts across 254 companies reported by independent layoffs tracker Layoffs.fyi. Major companies like Tesla, Amazon, Google, TikTok, Snap, and Microsoft have all conducted substantial layoffs in the first months of the year. Small startups have also faced layoffs and, in some cases, ceased operations completely.
These layoffs are not only impacting companies but also have significant consequences for innovation, especially as businesses increasingly adopt AI and automation technologies. The human impact of these layoffs is a stark reminder of the potential risks associated with increased innovation in the industry.
Below is a comprehensive list of all the known tech layoffs that have occurred in 2024. This list is regularly updated, so if you have any information on a layoff, feel free to contact us. You can also contact us anonymously if you prefer.
July 2024
Unacademy
Unacademy is letting go of about 250 employees following a series of job cuts due to the reopening of schools in India after pandemic lockdowns.
Koo
Koo is ceasing operations after failed acquisition talks with Dailyhunt.
Upside Foods
Upside Foods has cut its workforce by 26 people as VC funding declines in the lab-grown meat industry.
Sightful
Sightful is eliminating 20 employees, a third of its workforce, as it shifts focus to software development.
