2024 started on a bad note for tech workers, with more than 122 tech companies and startups laying off more than 30,000 employees in January itself, as layoffs continue unabated.
That’s according to data compiled by layoff tracking website Layoffs. 122 technology companies have shown the door to his 31,751 employees (as of February 3).
Technology companies around the world, including startups, laid off more than 425,000 employees in 2022 and 2023, while India laid off more than 36,000 employees during the same period.
Video communications platform Zoom will lay off about 150 employees, less than 2% of its workforce. In addition to Zoom, cloud software vendor Okta also announced plans to lay off about 400 people, or about 7% of its workforce.
Online payment gateway PayPal last month began layoffs affecting at least 9 percent of its workforce, or about 2,500 people.
iRobot, which makes consumer robots, has announced it will lay off about 350 employees, or about 31% of its workforce, and founder and CEO Colin Angle will also resign.
Enterprise software giant Salesforce is the latest tech company to cut jobs, laying off about 700 employees.
Online food delivery platform Swiggy is cutting almost 7 per cent of its workforce, or around 350-400 jobs.
E-commerce platform eBay is laying off about 1,000 employees, or 9% of its full-time workforce, and the company also plans to lay off an unspecified number of contractors “in the coming months.”
Google-owned YouTube has laid off at least 100 employees from its creator management and operations teams.
After laying off nearly 1,000 employees, Google is reportedly cutting “hundreds” more jobs from its ad sales team as part of its ongoing restructuring efforts.
Google CEO Sundar Pichai also warned employees to prepare for further layoffs this year.
Veeam Software, a global data management solutions provider, has reportedly laid off 300 employees.
Polygon Labs, the team focused on building Layer 2 blockchain Polygon, has laid off 60 people, or about 19 percent of its workforce.
