Layoffs

A comprehensive list of 2023 & 2024 tech layoffs

The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by bi

Remote driving startup Phantom Auto is shutting down

Phantom Auto, a remote driving startup that launched seven years ago amid the buzz of autonomous vehicle technology, is shutting down after failing to secure new funding, TechCrunch has learned. The c

AI fraud detection software maker Inscribe.ai lays off 40% of staff

Yet another AI-powered fraud detection software provider is laying off staff. Inscribe, whose platform works to detect fraud in areas like business underwriting, tenant screening and onboarding, has c

Turnitin laid off staff earlier this year, after CEO forecast AI would allow it to cut headcount

People worry that advances in AI will lead to job losses, but rarely does a company’s CEO openly admit that AI will help to reduce their headcount. Turnitin, a plagiarism detection company whose

Elon Musk’s Twitter a year later: Everything you need to know

Welcome to Elon Musk’s Twitter (now X), where the rules are made up and the check marks don’t matter. The Tesla and SpaceX CEO announced his bid to buy Twitter in April 2022, zealously driven to r

Hyundai-backed autonomous company Motional cuts 5% of workforce

Motional, the autonomous vehicle company born out of a joint venture between Hyundai Motor Group and Aptiv, told employees Wednesday it will cut about 5% of its workforce, TechCrunch has learned. The

Bumble cuts ~350 employees as dating apps face a reckoning

Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the sam

Sony is laying off 900 employees from its PlayStation unit

Sony is laying off around 900 employees in its PlayStation division, the company announced on Tuesday. The cuts will impact 8% of the division’s global workforce, as Sony becomes the latest comp

Google releases new open LLMs, Rivian lays off staff and Signal rolls out usernames

Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter covering noteworthy happenings in the tech industry. This week, Google launched two new open large language models, Gemma 2B

A bumpy road for EV manufacturers

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Rivian launched with a promise to revolut

Rivian lays off 10% of workforce as EV pricing pressure mounts

Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, putting even more pressure on its future, more affordable EV called the

Meati Foods puts CFO Phil Graves at the helm as it cuts 13% of its workforce

Meati is another example of a tech company making layoffs that didn’t appear to be in trouble.

Instacart lays off 250 employees, or 7% of its workforce, to ‘reshape’ company

Grocery-delivery giant Instacart announced today that it’s laying off around 250 employees, or roughly 7% of its global workforce, as part of a restructuring. Instacart CEO Fidji Simo said in a

Mozilla downsizes as it refocuses on Firefox and AI: Read the memo

After installing a new interim CEO earlier this month, Mozilla, the organization behind the Firefox browser, is making some major changes to its product strategy, TechCrunch has learned. Specifically,

The era of face-wearable computers

We’ve finally had our mittens on Apple’s face-wearable computer. And, what can we say, it’s pretty astonishing.

Grammarly lays off 230 employees as part of a ‘business restructuring’

Grammarly is laying off 230 employees worldwide as part of a “business restructuring,” the company announced this week. The layoffs are part of Grammarly’s efforts to advance its foc

Car-sharing company Getaround cuts one-third of US workforce

Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring. The company said in a sta

DocuSign lays off 6% of workforce as reported private equity takeover talks stall

DocuSign has revealed that it’s laying off 6% of its workforce, impacting some 400 employees. In an SEC filing, the e-signature software company said that the “restructuring plan” wi

Snapchat’s parent lays off 10% of workforce in order to ‘reduce hierarchy,’ says company

Snapchat maker Snap is the latest tech company to conduct layoffs with its newly announced plans for a 10% workforce reduction, the company said on Monday. The layoffs would impact roughly 500-plus em

Maybe count to 10 before you tweet

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Garry Tan heads up Y Combinator, the most
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