Layoffs
Most up-to-date coverage on layoffs in the tech and startup sectors
Motional cut about 550 employees, around 40%, in recent restructuring, sources say
Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company. Earlier this week, TechCrunch reported…
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A comprehensive list of 2024 tech layoffs
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…
Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a…
The new job cuts come over a year after the company cut about 4% of its headcount in February last year.
Peloton to lay off 400 employees as CEO Barry McCarthy departs
Peloton, the exercise equipment maker, said it is laying off 15% of its workforce as part of cost-cutting measures.
Google lays off staff from Flutter, Dart and Python teams weeks before its developer conference
Google told TechCrunch that Flutter will have new updates to share at I/O this year.
A tech-wide reckoning that began in 2022 and ran throughout into 2023. Though 2024 has gotten off to a rough start, it has yet to reach the peak of the…
Elon Musk guts Tesla’s charging team after winning over major automakers
Tesla has gutted its charging team in a new round of layoffs, despite recently winning over major automakers like Ford and General Motors and making its connector the de facto…
EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to…
Indian ride-hailing giant Ola cuts 180 jobs in profitability push
India’s Ola has let go its chief executive, Hemant Bakshi, just four months after appointing him to the post, and is cutting about 180 jobs.
TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks
Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter covering this week’s noteworthy happenings in tech. TikTok’s fate in the U.S. looks uncertain after President Joe Biden signed a…
Defense startup True Anomaly lays off around 25%, cancels summer internship
Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned.
Fisker plans more layoffs as cash dwindles and bankruptcy looms
Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to…
Tesla layoffs, Cybertruck recalls and Serve Robotics goes public
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend…
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. After…
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Tesla layoffs hit high performers, some departments slashed, sources say
Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a source familiar with the matter told TechCrunch. The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter earnings.…
Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%
Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Energy, and…
From remote work to magnetic keyboard switches, we have your weekly recap of everything you can’t miss from the world of startups.
Virtual physical therapist Hinge Health lays off 10% of its workforce
The 9-year-old Hinge Health offers a digital solution to treat chronic musculoskeletal (MSK) conditions and was last valued at $6.2 billion in October 2021.
Checkr, the background-screening platform last valued at $5B, cuts 32% of workforce
Checkr, a 10-year-old startup that offers employee background checks, has laid off 382 employees — 32% of its workforce.
Apple lays off over 600 employees in California after abandoning electric car project
Apple is laying off 614 employees in California after abandoning its electric car project. According to the WARN notice posted by the California Employment Development Department, Apple notified the affected…
Agility Robotics lays off some staff amid commercialization focus
Agility Robotics on Thursday confirmed that it has laid off a “small number” of employees. The well-funded Oregon-based firm says the job loss is part of a company-wide focus on…
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…
ChowNow snaps up YC-backed POS platform Cuboh and is laying off staff
ChowNow acquired Cuboh, a point-of-sale platform that consolidates all orders from delivery apps into one place.
Synctera is the latest banking-as-a-service startup to lay off staff
Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. While Synctera did not share how many employees were impacted,…
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.…
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 cut just…
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…
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…
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.…
