Tech Layoffs 2024
Tech layoffs in 2024, in full
Every major tech layoff we tracked in 2024: who cut, how many people, and whether AI was part of the stated reason.
People affected
122K
Tracked in 2024
Events
76
Major, sourced
AI-attributed
14%
Of people affected
Month by month
The biggest tech layoffs of 2024
- Deutsche BahnJul 2024 · Transportation & Delivery−30,000
The state railway announced around 30,000 full time job cuts after a loss of 1.2 billion euros in the first half of 2024.
- IntelAug 2024 · Hardware & Chips−15,000
CEO Pat Gelsinger told employees Intel would cut roughly 15,000 roles, about 15% of its workforce, as part of a plan to save $10 billion in 2025.
- TeslaApr 2024 · Automotive−14,000
Elon Musk told staff Tesla would cut its global headcount by more than 10%; Tesla gave no number, and Electrek estimated at least 14,000 jobs from a workforce of about 140,000.
- SAPJan 2024 · Enterprise SaaS · AI-attributed−8,000
SAP said a 2024 restructuring would affect about 8,000 positions, mostly through reskilling or voluntary measures, as it increases its focus on Business AI.
- GetirApr 2024 · Transportation & Delivery−6,000
Getir withdrew from the United States, United Kingdom, Germany and the Netherlands to focus on Turkey.
- CiscoAug 2024 · Hardware & Chips · AI-attributed−5,900
Cisco announced a restructuring affecting about 7% of its workforce, its second round of cuts in 2024, to 'invest in key growth opportunities and drive more efficiencies'; it gave no headcount, which AP estimated at about 5,900.
- CiscoFeb 2024 · Hardware & Chips−4,250
Restructuring announced alongside quarterly results, the first of two Cisco cuts in 2024.
- PayPalJan 2024 · Fintech−2,500
CEO Alex Chriss told employees PayPal would cut about 9% of its global workforce, around 2,500 jobs, through direct reductions and the elimination of open roles.
- RicohSep 2024 · Hardware & Chips−2,000
Ricoh announced a global reduction of 2,000 staff as office printer use and sales decline.
- Microsoft (Activision Blizzard)Jan 2024 · Gaming−1,900
Post-acquisition consolidation of the gaming division.
- IntuitJul 2024 · Enterprise SaaS · AI-attributed−1,800
CEO Sasan Goodarzi said about 1,800 employees, 10% of the workforce, would leave as Intuit shifts investment to AI and other growth areas, and that it would hire about 1,800 new people in engineering, product and customer-facing roles.
- UnityJan 2024 · Gaming−1,800
Unity said it would cut about 1,800 jobs, roughly 25% of its workforce, as part of a corporate restructuring to refocus on its core business.
- WayfairJan 2024 · E-commerce−1,650
Cut included 19% of the corporate team, with a focus on management and leadership positions.
- NorthvoltSep 2024 · Industrial & Manufacturing−1,600
Swedish battery maker halted work on a factory expansion and cut jobs in Sweden.
- AmdocsJul 2024 · Enterprise SaaS−1,500
Further round at the telecom software company, expected to hit a significant share of its Israeli workforce.