Current Tech Layoffs in 2024
The tech layoff wave in 2024 continues to hit various companies across the industry. According to an independent tracker at Layoffs.fyi, this year has already witnessed 60,000 job cuts across 254 companies, including big players like Tesla, Amazon, Google, TikTok, Snap, and Microsoft.
These layoffs have affected not only large corporations but also smaller startups, some of which have even shut down operations entirely.
Impact on Innovation
Tracking these layoffs helps us understand the impact on innovation within both large and small companies. It also sheds light on the potential effects of companies embracing AI and automation for jobs that were previously considered safe. This serves as a reminder of the human impact of layoffs and the potential risks associated with increased innovation.
Comprehensive List of Layoffs in Tech Industry for 2024
Below is a comprehensive list of known layoffs in the tech industry during 2024, which will be regularly updated.
July 2024
Kaspersky
Kaspersky will lay off dozens of employees and exit the U.S. market following a government order.
Salesforce
Salesforce has cut about 300 employees as part of a broader effort to streamline operations.
June 2024
RealPage
RealPage will cut approximately 4% of its workforce to boost growth amid legal issues.
Planet
Planet intends to lay off roughly 180 employees, amounting to 17% of its workforce, according to an SEC filing.