List Of Companies Cutting Jobs In 2024
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30 April 2024
Several companies have recently announced layoffs as they adjust head counts and tighten their budgets in response to fears about the economic slowdown
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Unfortunately, this has become a common occurrence in businesses. A total of 2,62,595 employees were sacked last year by 1189 companies, as per tech layoff tracker Layoffs.fyi
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Here is a list of companies that have announced layoffs, according to TechCrunch
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Tesla plans to lay off over 10% of its global workforce, citing duplication of roles as the reason behind the job cuts. It would lead to over 14,000 employees being laid off
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Google is laying off an unspecified number of employees, marking the latest cuts at the technology giant as it cracks down on costs
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Apple Inc. laid off more than 600 employees in California as part of the decision to end its car and smartwatch display projects
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Amazon Web Services eliminated several hundred sales, marketing and tech roles, the latest in a series of job cuts by its parent Amazon.com
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In January, Microsoft said that it would let go of 1,900 employees at Activision Blizzard and Xbox, which is roughly 8% workforce of the Microsoft Gaming division
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Twitch revealed in a post that it had let go of 500 employees in the company due to the size of the organisation being unsustainable
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Other companies that have announced layoffs include Dell, TikTok, IBM, Bumble, Sony, Expedia, Cisco, Grammarly, Paypal, YouTube, SAP etc
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