In April 2024, a wave of mass layoffs affected some of the world’s largest companies, including Tesla, Google, and Apple, leaving approximately 20,000 or more employees out of work. Tens of thousands of jobs will be cut by April 2024, with more than 70,000 jobs in the technology sector affected this year.
Apple lays off more than 600 employees Apple has laid off 614 employees, its first major layoffs since the pandemic began. The affected employees were part of Apple’s special projects group, some of whom were said to have worked on the now-canceled self-driving car project. Officials said the number could rise further, given that some employees working at overseas locations have also lost their jobs.
Google has laid off “a large number” of staff across its Python, Flutter, and Dart teams Google has laid off “a large number” of employees across its teams, including staff working on Python, Flutter, and Dart. A Google spokesperson said the layoffs are part of a restructuring effort and affected employees have the option to apply for other open positions at the company.
Amazon cuts hundreds of jobs in its cloud division Amazon is cutting hundreds of jobs in its cloud computing division, impacting its brick-and-mortar sales, marketing and technology teams. The job cuts are part of the company’s efforts to streamline its focus and focus on its core business objectives.
Intel to lay off more than 50 employees at headquarters Intel has confirmed it will lay off approximately 62 employees at its headquarters in Santa Clara, California. The company has begun new job cuts in its sales and marketing groups as part of a reorganization led by Christophe Schell.
Google’s real estate and finance departments affected by layoffs Employees across multiple teams at Google, including its real estate and finance departments, were affected by individual layoffs last month as a result of cost cuts. Affected employees can apply for other roles within the company. Some roles will move to locations in which the company has investments, including India, Chicago, Atlanta and Dublin.
Amazon Cuts Hundreds of Jobs from AWS Team Amazon Web Services (AWS) cut hundreds of jobs in April, including sales, marketing, and technical employees. The AWS job cuts are the latest in a series of job cuts by parent company Amazon.com. Amazon’s cloud computing division said the affected staff includes several hundred people in AWS sales, marketing, global services and brick-and-mortar technology teams.
“We have identified several targeted areas within our organization that need streamlining,” an AWS spokesperson told Reuters in an email.
Byjus lays off 500 employees Edtech company Byjus has laid off around 500 employees, nearly 3% of its workforce, due to funding crisis and uncertainty among investors. The job cuts will impact sales, marketing and education roles as part of the ongoing restructuring. The company laid off 4,500 employees in 2023.
Tesla lays off thousands of workers as it struggles with weak sales Tesla, the electric car maker owned by Elon Musk, has laid off thousands of employees across multiple divisions. The layoffs are aimed at reducing its global headcount by about 10%, as Tesla seeks to rein in costs amid sluggish sales and intense price competition.
Ola Cabs cuts 200 jobs, CEO steps down Ola Cabs will lay off about 10% of its workforce, or 200 people. Ola Cavs CEO Hemant Bakshi has resigned just four months after he took over. Bhavesh Aggarwal, one of Ola’s co-founders, will take over day-to-day operations after Bakshi’s departure.
Healthifyme fires 27% of its workforce in restructuring Bengaluru-based health tech startup Healthify has laid off 150 employees, about 27% of its workforce, in a restructuring exercise. Headcount reductions primarily affected sales and product teams. CEO Tushar Vashist confirmed the job cuts and said the restructuring was aimed at improving the profitability of the Indian business and expanding in the US market.
Whirlpool lays off 1,000 employees Consumer electronics maker Whirlpool has laid off about 1,000 salaried employees worldwide as part of cost-cutting measures. The move is expected to save up to $400 million this year. The company had about 59,000 employees worldwide last year and is expected to incur about $50 million in restructuring costs in 2024, according to its annual report.
GTA Publisher Lays Off 5% of Employees GTA 6 publisher Take-Two Interactive will lay off approximately 5% of its employees and cancel several projects in development. Previously, the company had completed a process of “rightsizing” its business, he had acquired Gearbox from Embracer Group, and confirmed that a new Borderlands game was in development.
Telenor lays off 100 employees at headquarters Norway-based telecommunications company Telenor has announced that it will lay off 100 employees at its Norwegian division as part of an organizational restructuring, significantly reducing the number of temporary staff and consultants. The company also announced that it will close its call center in the city of Rorvik.
Apple lays off more than 600 employees Apple has laid off 614 employees, its first major layoffs since the pandemic began. The affected employees were part of Apple’s special projects group, some of whom were said to have worked on the now-canceled self-driving car project. Officials said the number could rise further, given that some employees working at overseas locations have also lost their jobs.
Google has laid off “a large number” of staff across its Python, Flutter, and Dart teams Google has laid off “a large number” of employees across its teams, including staff working on Python, Flutter, and Dart. A Google spokesperson said the layoffs are part of a restructuring effort and affected employees have the option to apply for other open positions at the company.
Amazon cuts hundreds of jobs in its cloud division Amazon is cutting hundreds of jobs in its cloud computing division, impacting its brick-and-mortar sales, marketing and technology teams. The job cuts are part of the company’s efforts to streamline its focus and focus on its core business objectives.
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Intel to lay off more than 50 employees at headquarters Intel has confirmed it will lay off approximately 62 employees at its headquarters in Santa Clara, California. The company has begun new job cuts in its sales and marketing groups as part of a reorganization led by Christophe Schell.
Google’s real estate and finance departments affected by layoffs Employees across multiple teams at Google, including its real estate and finance departments, were affected by individual layoffs last month as a result of cost cuts. Affected employees can apply for other roles within the company. Some roles will move to locations in which the company has investments, including India, Chicago, Atlanta and Dublin.
Amazon Cuts Hundreds of Jobs from AWS Team Amazon Web Services (AWS) cut hundreds of jobs in April, including sales, marketing, and technical employees. The AWS job cuts are the latest in a series of job cuts by parent company Amazon.com. Amazon’s cloud computing division said the affected staff includes several hundred people in AWS sales, marketing, global services and brick-and-mortar technology teams.
“We have identified several targeted areas within our organization that need streamlining,” an AWS spokesperson told Reuters in an email.
Byjus lays off 500 employees Edtech company Byjus has laid off around 500 employees, nearly 3% of its workforce, due to funding crisis and uncertainty among investors. The job cuts will impact sales, marketing and education roles as part of the ongoing restructuring. The company laid off 4,500 employees in 2023.
Tesla lays off thousands of workers as it struggles with weak sales Tesla, the electric car maker owned by Elon Musk, has laid off thousands of employees across multiple divisions. The layoffs are aimed at reducing its global headcount by about 10%, as Tesla seeks to rein in costs amid sluggish sales and intense price competition.
Ola Cabs cuts 200 jobs, CEO steps down Ola Cabs will lay off about 10% of its workforce, or 200 people. Ola Cavs CEO Hemant Bakshi has resigned just four months after he took over. Bhavesh Aggarwal, one of Ola’s co-founders, will take over day-to-day operations after Bakshi’s departure.
Healthifyme fires 27% of its workforce in restructuring Bengaluru-based health tech startup Healthify has laid off 150 employees, about 27% of its workforce, in a restructuring exercise. Headcount reductions primarily affected sales and product teams. CEO Tushar Vashist confirmed the job cuts and said the restructuring was aimed at improving the profitability of the Indian business and expanding in the US market.
Whirlpool lays off 1,000 employees Consumer electronics maker Whirlpool has laid off about 1,000 salaried employees worldwide as part of cost-cutting measures. The move is expected to save up to $400 million this year. The company had about 59,000 employees worldwide last year and is expected to incur about $50 million in restructuring costs in 2024, according to its annual report.
GTA Publisher Lays Off 5% of Employees GTA 6 publisher Take-Two Interactive will lay off approximately 5% of its employees and cancel several projects in development. Previously, the company had completed a process of “rightsizing” its business, he had acquired Gearbox from Embracer Group, and confirmed that a new Borderlands game was in development.
Telenor lays off 100 employees at headquarters Norway-based telecommunications company Telenor has announced that it will lay off 100 employees at its Norwegian division as part of an organizational restructuring, significantly reducing the number of temporary staff and consultants. The company also announced that it will close its call center in the city of Rorvik.
