Layoffs in United States

Regrow Ag, an agricultural technology company, has laid off 19% of its workforce following a strategic restructuring to sharpen its focus on core business operations. The decision, announced by CEO Anastasia Volkova, was described as difficult but necessary to position the company for future growth in transforming the food system and enhancing agricultural resilience. While the exact number of affected employees was not specified, the layoffs reflect broader challenges in the AgTech sector. The company emphasized that the move was not performance-related and expressed gratitude for the contributions of departing team members, offering support for their transition.

Loop, a company in the e-commerce and customer retention industry, has undergone a strategic shift, leading to layoffs of an unspecified number of employees, referred to as "Loopers." This restructuring coincides with a leadership change, as CEO Jonathan Poma stepped down and transitioned to an Executive Director role, appointing Hannah Bravo as the new CEO. The layoffs and leadership transition are part of a broader realignment of company priorities and goals for the coming years. Loop serves over 4,000 merchants, indicating it operates at a significant scale within its sector. The announcement was made in a LinkedIn post by Poma, though the exact date of the layoffs and precise figures regarding the workforce reduction were not disclosed.

Formlabs, a leading hardware 3D printing company, has confirmed a "small number" of layoffs, affecting fewer than 40 employees out of a total workforce of just under 750. These staff reductions, amounting to roughly 5% of its employees, occurred in waves over the past two years, with the most recent taking place in the weeks leading up to August 2024. The company stated the layoffs were a difficult but necessary decision to part ways with colleagues in departments that were below efficiency goals or where roles were no longer aligned, even as it continues to hire in other areas and invest heavily in research and development. As an MIT spinoff and a stalwart in the additive manufacturing industry, Formlabs has navigated broader market challenges while expanding its technology portfolio and maintaining a focus on specialized applications like medical and dental products.

PacketFabric, a provider of Network as a Service solutions, recently implemented strategic changes to its team as part of an effort to enhance operational efficiency. While the company did not disclose the specific number of employees affected, these layoffs were a difficult decision aimed at optimizing operations to better serve customers. The company, which operates in the cloud networking and telecommunications industry, emphasized that it remains strong and resilient, continuing to focus on innovation and delivering high-value, scalable network connectivity services.

Sonos, the audio technology company, laid off approximately 100 employees on August 14, 2024, representing about 6 percent of its workforce. The cuts, which affected various departments including marketing, product engineering, and software quality, are part of a restructuring effort to prioritize investment in the company's product roadmap and ensure long-term success. This move comes despite CEO Patrick Spence's recent pledge to focus on resolving the ongoing app crisis, which has significantly impacted the brand's reputation. The layoffs follow a previous reduction of 7 percent in June 2023, reflecting ongoing challenges in the competitive consumer electronics industry.

Israeli healthtech startup DayTwo has permanently shut down, resulting in layoffs for its remaining few dozen employees. At its peak, the company, which specialized in personalized nutrition kits for diabetics, employed hundreds. The closure follows a significant downsizing about a year ago and comes after the company raised $85 million but ultimately failed to navigate market challenges. The shutdown was announced to staff in August 2024.

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Fintech company Tally, which was backed by Andreessen Horowitz and last valued at $855 million, is shutting down entirely after running out of cash, resulting in layoffs for its entire workforce of 183 employees. The closure was announced by the CEO on August 12, 2024, following an unsuccessful search for new funding. The nine-year-old San Francisco-based startup, which had raised $172 million, initially helped consumers manage credit card debt but had recently pivoted to a B2B model. This shutdown represents a 100% reduction in staff for the fintech industry firm, marking the end of its operations.

Ready Robotics on 2024-08-09.

In September 2024, U.S. tech and networking giant Cisco conducted its second major layoff of the year, affecting thousands of employees. This followed an announcement in August that the company would reduce its global workforce by 7%, equating to approximately 5,600 employees, as part of a restructuring effort to invest in key growth areas and improve efficiency. This round came after an earlier layoff in February 2024 that cut about 4,000 jobs. The cuts impacted various units, including the Talos Security threat intelligence team. Notably, the layoffs were implemented despite Cisco reporting nearly $54 billion in annual revenue for 2024, which it described as its second strongest year on record. The company faced internal criticism for a month-long delay in notifying affected staff and for workplace culture concerns raised by employees.

iCIMS, a leading provider of talent acquisition software, conducted a layoff affecting approximately 8% of its workforce in early 2024. This reduction impacted around 100 employees out of a total of roughly 1,250, as part of a strategic restructuring to streamline operations and focus on core product development. The move reflects broader adjustments within the competitive HR technology industry, where companies are optimizing resources to enhance efficiency and maintain growth.

Fastly, a content delivery network company, has announced a restructuring plan that includes reducing its global full-time workforce by approximately 11%. While the exact number of employees affected was not specified, this layoff is part of an effort to streamline operations, with the company estimating related charges between $9.5 million and $10 million. The move reflects broader adjustments within the tech industry as companies aim to optimize costs and improve efficiency amid evolving market conditions.

Submittable laid off 40 employees on 2024-08-08.

Techstars is laying off 17% of its workforce, citing overbuilding and overhiring, with most cuts in engineering, support services, and sales/partnerships. The layoffs follow a 7% reduction in January and coincide with the end of its J.P. Morgan-backed AdvancingCities program, which is shutting down after the fund is deployed by year-end.

LegalZoom representing approximately 15% of its workforce on 2024-08-07.

Eventbrite laid off 100 employees representing approximately 11% of its workforce on 2024-08-07.

Teradata representing approximately 13% of its workforce on 2024-08-06.

Axios Media laid off 50 employees representing approximately 10% of its workforce on 2024-08-06.

Dell Technologies is conducting a significant workforce reduction as part of a reorganization of its sales and marketing teams, with reports indicating up to 12,500 employees, or approximately 10% of its global workforce, could be affected. The exact number remains unconfirmed, as the company has not provided specifics, but the move aims to streamline operations and prioritize investments, particularly in emerging areas like artificial intelligence services. This follows a series of layoffs over the past year, including 6,000 cuts in February 2023, as Dell faces challenges such as competitive pressures and shifting market demands impacting profitability. The tech industry continues to see workforce adjustments, with similar recent actions by companies like Intel.

On August 5, 2024, mobile game developer and publisher Jam City laid off approximately 85 employees, representing about 10% of its workforce. This reduction brings the company's total employee count down from around 1,400. CEO Josh Yguado cited that the anticipated industry recovery in 2024 did not meet expectations, with challenging conditions projected to persist until the latter half of 2025. This marks the studio's second major round of layoffs, following a 17% cut in 2022, despite the company being profitable. Jam City, known for titles like Disney Emoji Blitz and Harry Potter: Hogwarts Mystery, operates in the competitive mobile gaming industry.

Avaya, a prominent player in the unified communications and collaboration industry, laid off approximately 180 employees in late July 2024, representing about 3% of its workforce. The company framed this as a strategic restructuring rather than mass layoffs, aiming to reallocate resources toward new roles with differentiated skills. This move is part of a broader transformation to focus more on serving Global 1500 enterprises, requiring a shift in sales strategy and product offerings. The restructuring coincides with a leadership transition, as CEO Alan Masarek prepares to retire, with Patrick Dennis set to continue the company's existing vision. Analysts view these changes as necessary for Avaya to stay competitive and deliver on its strategic goals in the enterprise CX market.

Rad Power Bikes on 2024-08-01.

Intel laid off 15,000 employees representing approximately 15% of its workforce on 2024-08-01.

Bungie laid off 220 employees representing approximately 17% of its workforce on 2024-07-31.

In July 2024, dating app giant Match Group announced a workforce reduction of 6% as part of a strategic shift away from livestreaming services, a feature that had gained popularity during the COVID-19 pandemic. The layoffs coincided with the discontinuation of livestreaming on its apps Plenty of Fish and BLK, as well as the shutdown of the Hakuna app acquired from Hyperconnect. The company cited changing user behavior in the post-pandemic world, with people returning to in-person dating, making the feature less viable. Match Group is now refocusing its efforts on other areas, including generative AI, to drive future growth in the competitive online dating industry.

Bungie is laying off 220 employees and moving others to PlayStation as part of a restructuring effort.

NerdWallet representing approximately 15% of its workforce on 2024-07-30.

Moxion Power, a California-based manufacturer of mobile battery energy storage systems, laid off approximately 50 employees in early 2024, representing about 12% of its workforce. The company, which operates in the clean energy and industrial technology sector, cited a strategic restructuring to extend its financial runway and focus on key commercial and manufacturing priorities amid broader market challenges. This reduction follows significant prior growth and investment in the company.

Webflow, a web design and development platform, has announced a restructuring that includes laying off approximately 8% of its workforce. While the exact number of affected employees wasn't specified, the company stated the decision is aimed at sharpening focus and accelerating growth for its next phase. The layoffs were communicated by CEO Linda Tong, who emphasized that the company's business and financials remain strong. This move reflects a broader trend of tech companies streamlining operations to adapt to market demands and prioritize strategic initiatives.

Humble Games laid off 36 employees representing approximately 100% of its workforce on 2024-07-23.

Japanese online marketplace Mercari has laid off nearly half of its U.S. workforce, a significant reduction driven by sustained losses and intense competition from low-cost Chinese rivals like Temu. The U.S. subsidiary of the retail platform has been unprofitable since late 2021, with inflation-weary American consumers cutting back on discretionary hobby spending that Mercari's marketplace often serves. This restructuring, reported in July 2024, highlights the pressures on niche e-commerce players in a fiercely competitive global industry dominated by larger-scale discount platforms.

Magic Leap laid off 75 employees on 2024-07-19.

Aqua Security, a cybersecurity unicorn specializing in cloud-native application protection, has laid off approximately 50 employees, constituting 10% of its 500-person workforce. The layoffs, announced in July 2024, are part of an organizational streamlining effort to focus resources on core customer needs amid the current macroeconomic climate. While the company experienced 30% growth the previous year and recently secured $60 million at a $1 billion valuation, this restructuring aims to ensure sustainable growth. Most affected employees are based outside of Israel, though the cuts proportionally impacted its global operations, including teams in Israel. This marks the second round of layoffs for Aqua since late 2022.

Lex, a queer community social network, laid off most of its staff in June 2024. The startup, which had a full-time team of about eight employees, underwent a pivot from a dating app to a community-focused platform in 2023. Having raised $7 million in total funding, Lex is exploring monetization through premium features and ads while navigating an uncertain path forward. The company remains operational and is seeking partnerships to sustain and grow its platform, which serves around 1 million users in the LGBTQ+ community.

Kaspersky on 2024-07-16.

ON laid off 60 employees representing approximately 100% of its workforce on 2024-07-16.

Salesforce laid off 300 employees on 2024-07-15.

Real estate marketing and technology company MoxiWorks has conducted layoffs, affecting multiple employees including a former director and a software engineer, as confirmed by their LinkedIn posts in July 2024. The cuts come just a month after the appointment of a new CEO with an AI startup background, signaling a strategic shift. While the exact number of employees laid off and the percentage are not disclosed, the company is a significant player in the proptech industry, serving over 800 brokerages and 400,000 agents nationwide. The layoffs appear to be part of broader organizational changes following the leadership transition.

CyberProof, a cloud security solutions provider and subsidiary of India's UST, is laying off approximately 7.5% of its global workforce, affecting about 20 employees in Israel out of its local team of 85. The company employs 650 people worldwide. The layoffs, reported in July 2024, primarily impact cloud and IT infrastructure managers in Israel, with their roles being relocated to the company's offices in India as part of global cutbacks. Cyber experts at the company are not affected. The move reflects broader adjustments within the cybersecurity industry, where companies are restructuring to optimize operations and manage costs.

Redbox laid off 1,000 employees representing approximately 100% of its workforce on 2024-07-10.

Intuit laid off 1,800 employees representing approximately 10% of its workforce on 2024-07-10.

UiPath, a leading automation software company, is laying off approximately 420 employees, representing 10% of its workforce, as part of a major restructuring announced in June 2024. This move follows a significant slowdown in revenue growth post-IPO and a recent reduction in annual revenue guidance. The layoffs, primarily affecting operational and corporate functions, aim to streamline the organization and refocus investments on AI and platform innovation. This is the third round of job cuts since 2022 for the enterprise-scale tech firm, which has also seen recent executive turnover, including the return of co-founder Daniel Dines as CEO.

CNN announces more layoffs as it prepares for a future beyond cable TV, indicating restructuring efforts to adapt to changing media landscapes.

Microsoft on 2024-07-03.

Upside Foods, a cultivated meat startup, has laid off 26 employees as part of a restructuring to reduce top-heavy leadership and narrow its focus toward product launches within the next two years. This follows earlier cuts affecting 16 staff in February, when the company paused plans for a large production plant in Illinois. The layoffs come amid industry-wide challenges, including legislative bans in states like Florida and Alabama, regulatory hurdles, and a downturn in venture capital funding. Upside, one of only two U.S. firms approved to sell cultivated meat, is shifting its scaling efforts from whole-cut chicken to suspension-based products like nuggets and patés. The company, which began selling its chicken in San Francisco in July 2023, aims to preserve resources and achieve critical commercialization milestones despite macroeconomic and political uncertainties.

Priceline laid off 103 employees representing approximately 7% of its workforce on 2024-06-28.

RealPage, a real estate technology company based in Richardson, Texas, is laying off approximately 4% of its workforce, impacting at least 260 employees. The company, which employs over 6,500 people globally, announced the cuts in late June 2024 as part of a plan to refocus on innovation and accelerate business growth. This decision comes during a challenging period for RealPage, as it faces a major class-action lawsuit alleging its revenue management software was used to artificially inflate multifamily rents. While the company attributes the layoffs to strategic restructuring, the timing coincides with its ongoing legal battles over price-fixing allegations in the multifamily housing industry.

Moxion Power, a California-based manufacturer of mobile battery energy storage systems, laid off approximately 50 employees in early 2024, representing about 20% of its workforce. The layoffs, part of a broader restructuring, were driven by challenging market conditions and a need to streamline operations to extend the company's financial runway. Operating in the clean energy and manufacturing industry, Moxion Power, which had raised significant venture capital, is scaling back its growth ambitions to focus on core projects and achieve profitability in a competitive sector.

Earth observation company Planet announced on June 26, 2024, that it is laying off approximately 180 employees, representing 17% of its workforce, as part of a cost-reduction effort to improve operational efficiency and focus on long-term growth and profitability. This marks the second major workforce reduction in less than a year, following a layoff of 117 employees in July 2023. Despite reporting record quarterly revenue of $60.4 million in its fiscal first quarter, the company continues to face net losses, prompting strategic realignment toward higher-return opportunities. Planet, which operates in the aerospace and Earth imaging industry, is concurrently advancing its mission with the planned launch of its first hyperspectral satellite, Tanager-1, in July 2024.

Ginkgo Bioworks, a synthetic biology company, laid off approximately 158 employees, representing about 13% of its workforce, in early 2024. The restructuring aimed to streamline operations and reduce costs amid broader economic pressures in the biotech industry. As a publicly traded firm, Ginkgo continues to focus on its core platforms while adjusting to market conditions.