Layoffs

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 sourc

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 b

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 Ener

From remote work to magnetic keyboard switches, we have your weekly recap of everything you can’t miss from the world of startups.

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, a 10-year-old startup that offers employee background checks, has laid off 382 employees — 32% of its workforce.

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 a

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 commercialization

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

ChowNow acquired Cuboh, a point-of-sale platform that consolidates all orders from delivery apps into one place.

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

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

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

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

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, 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 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

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

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 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