Tech Layoffs Cross 70,000 in April 2024: Google, Apple, Intel, Amazon, and More Cut Hundreds of Jobs
In April 2024, the tech industry experienced a wave of mass layoffs affecting some of the world’s biggest companies, including Tesla, Google, and Apple. Over 70,000 employees have been impacted this year, with more than 20,000 losing their jobs in April alone.
Apple Lays Off Over 600 Employees
Apple laid off 614 employees, marking its first significant job cuts since the pandemic began. The affected employees were part of Apple’s special projects group, some of whom were working on the now-cancelled self-driving car project. The number could be higher, as some overseas employees were also affected.
Google Cuts Jobs in Python, Flutter, and Dart Teams
Google laid off a significant number of employees across various teams, including those working on Python, Flutter, and Dart. A Google spokesperson stated that the job cuts are part of a restructuring effort, with impacted employees having the option to apply for other roles within the company.
Amazon Reduces Roles in Its Cloud Division
Amazon is cutting hundreds of jobs in its cloud computing division, affecting sales, marketing, and technology teams for its brick-and-mortar stores. The layoffs aim to streamline operations and focus on core business objectives.
Intel Lays Off Employees at Headquarters
Intel confirmed it is laying off approximately 62 employees at its headquarters in Santa Clara, California. The layoffs are part of a reorganization of its Sales and Marketing Group led by Christoph Schell.
Google’s Real Estate and Finance Departments Hit by Layoffs
Several of Google’s teams, including its real estate and finance departments, experienced layoffs as part of cost-cutting measures. Affected employees can apply for other internal roles, with some positions moving to hubs like India, Chicago, Atlanta, and Dublin.
Amazon Web Services (AWS) Cuts Hundreds of Jobs
Amazon Web Services (AWS) cut several hundred jobs in April, including roles in sales, marketing, and technology. This is the latest in a series of job cuts by Amazon, aiming to streamline targeted areas.
Byju’s Lays Off 500 Employees
Edtech company Byju’s laid off around 500 employees, nearly 3% of its workforce, due to a funding crisis and investor unrest. The layoffs affect sales, marketing, and teaching roles as part of ongoing restructuring. In 2023, the company fired 4,500 employees.
Tesla Lays Off Thousands Amid Weak Sales
Tesla, owned by Elon Musk, laid off thousands of employees across multiple divisions. The layoffs aim to reduce Tesla’s global headcount by around 10% as the company attempts to control costs amid weakening sales and intensifying competition.
Ola Cabs Cuts 200 Jobs as CEO Steps Down
Ola Cabs is laying off around 10% of its workforce, or 200 employees. CEO Hemant Bakshi resigned only four months after taking the position. Co-founder Bhavesh Aggarwal will take over day-to-day operations.
HealthifyMe Lays Off 27% of Staff in Restructuring
Bengaluru-based health tech startup HealthifyMe laid off 150 employees, about 27% of its workforce, in a restructuring exercise. The layoffs primarily impacted sales and product teams. CEO Tushar Vashist stated the restructuring aims to make the Indian business profitable and expand in the US market.
Whirlpool Lays Off 1,000 Employees
Home appliances maker Whirlpool laid off around 1,000 salaried employees globally as part of cost-cutting efforts. The move is expected to save up to $400 million in costs this year. The company expects to incur about $50 million in restructuring charges in 2024.
Take-Two Interactive Lays Off 5% of Workforce
Take-Two Interactive, the publisher of GTA 6, is laying off around 5% of its workforce and cancelling several projects. Previously, the company had acquired Gearbox from the Embracer Group and confirmed a new Borderlands game was in development.
Telenor Lays Off 100 Employees at Headquarters
Norwegian telecom company Telenor announced it is laying off 100 employees and significantly reducing temporary staff and consultants as part of a reorganization. The company will also close a call center in the city of Rorvik.
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