Overview of Tech Layoffs in 2024-2025
The tech industry experienced a significant wave of layoffs in 2024, with over 150,000 jobs cut across 542 companies. This trend follows considerable job reductions in 2022 and 2023. Independent layoffs tracker Layoffs.fyi reported the staggering numbers, highlighting major companies and startups alike.
Major Players Affected
Some of the largest companies affected include:
- Tesla
- Amazon
- Microsoft
- TikTok
- Snap
These organizations executed sizable layoffs, and some startups even shut down operations entirely.
Monthly Breakdown of Layoffs
January 2025
- 6,003 employees laid off
December 2024
- 2,268 employees laid off
November 2024
- 5,925 employees laid off
August 2024
- 26,024 employees laid off
April 2024
- 22,423 employees laid off
Overall Monthly Totals
- January 2024: 34,107
- February 2024: 15,639
- March 2024: 7,403
- June 2024: 10,083
- July 2024: 9,051
Implications for the Industry
Tracking these layoffs helps us understand the impact on innovation across companies, large and small. It also signals the potential shift towards AI and automation in roles that were once deemed secure. Most importantly, it serves as a reminder of the human cost associated with such layoffs and the broader implications for the workforce.
Stay Updated
This list of layoffs will be updated regularly as we continue to monitor the industry. If you have information regarding layoffs, feel free to reach out to us for updates.
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