As many as 21,473 employees from 50 companies in the technology sector were laid off in April 2024, according to the latest data published by layoffs.fyi. April's job losses follow the continued trend of layoffs through 2024, with at least 271 companies laying off 78,572 workers this year, according to the platform, which has been tracking layoffs in the tech sector since the COVID-19 pandemic rocked the world.
In January there were 34,107 job losses at 122 companies, followed by 15,589 layoffs in February by 78 companies, and 7,403 job losses in March by 37 companies. While the number of layoffs fell slightly in March, there was a significant increase in April.
Tech layoffs in April
Apple
Apple recently laid off 614 employees in what was its first major round of job cuts since the start of the Covid-19 pandemic. Most of these employees were part of Apple's special projects group, and some worked on a self-driving car project that was canceled. More layoffs may follow, including at locations abroad.
Googling
Google has laid off a significant number of employees across several teams, including those who worked on Python, Flutter, and Dart. This was part of a corporate restructuring, but affected employees have the opportunity to apply for other jobs within Google and in other locations. They also had to lay off some employees in departments such as real estate and finance as they tried to cut costs.
Amazon
Hundreds of jobs were cut at Amazon's cloud computing division, impacting teams that handle sales, marketing and technology for brick-and-mortar stores. This move is part of Amazon's efforts to focus more on its core goals and streamline its operations.
Intel
Intel laid off about 62 employees at its headquarters, mainly from its sales and marketing department, as they dealt with a reorganization led by Christoph Schell.
Byjus
Due to financial problems and investor unrest, Byju's, an edtech company, had to lay off around 500 employees. This includes people from sales, marketing and education roles.
Tesla
Tesla, Elon Musk's electric motor company, had to let go of thousands of employees in various departments. This was intended to reduce their overall workforce by approximately 10% as they faced sales and competitive challenges.
OLA booths
OLA Cabs cut about 200 jobs, representing about 10% of its workforce, and CEO Hemant Bakshi resigned. The co-founder now takes over the day-to-day operations.
Healthifyme
Healthifyme, a health tech startup, has laid off about 150 employees, mostly from sales and product teams. They are restructuring to focus on profits and expand into the US market.
Bubble bath
Whirlpool, a home appliance company, has laid off about 1,000 employees worldwide to save money.
Take-Two interactive
Take-Two Interactive, the company behind GTA 6, had to lay off about 5% of its workforce and cancel some projects.
Telenor
Telenor, a telecom company in Norway, has laid off 100 employees and is also planning to close a call center as part of their restructuring efforts.