Layoffs in United Kingdom

GoCardless laid off 90 employees on 2026-04-14. The company is at the Series G funding stage and operates in the Finance sector.

Monzo laid off 50 employees on 2026-03-31.

Ocado, the UK-based retail technology and online grocery company, is cutting 1,000 jobs, representing about 5% of its global workforce, as part of a £150 million cost-saving drive announced in late February 2026. Approximately two-thirds of the layoffs will affect its UK operations, with half of the roles being in technology and the rest in support functions. The restructuring follows the completion of major projects, including a new generation of robotic equipment and digital platforms for retailers, reducing the need for extensive R&D staff. CEO Tim Steiner cited increased productivity from AI in software development and a slower-than-expected market for large automated warehouses in the US as factors. The company is merging divisions and scaling back R&D to focus on delivering existing technology, including smaller-scale solutions for local stores. This move comes a year after Ocado eliminated 500 technology roles, reflecting ongoing adjustments in its business model.

Deliveroo laid off 187 employees on 2026-02-25.

London-based edtech startup Multiverse laid off 55 employees in the fiscal year ending March 2025, representing a slight reduction in its overall headcount. The company, which provides upskilling and apprenticeship programs, reported widening pre-tax losses of £63.3 million despite a significant revenue increase to nearly £80 million. Management cited a strategic shift towards higher productivity and rewarding remaining staff more, alongside a pivot from school-leaver apprenticeships to corporate upskilling, as reasons for the job cuts. This follows earlier layoffs and a retreat from the U.S. market, as the company focuses on improving its financial metrics and path to profitability.

London-based legaltech startup Robin AI, backed by SoftBank, is laying off approximately one-third of its workforce, affecting dozens of employees, after failing to secure a $50 million funding round. The company, which had previously raised around $70 million, employed about 150 people prior to the cuts. This significant reduction, occurring in late October 2025, highlights the ongoing funding challenges within the tech and legal technology sectors, particularly for growth-stage startups. The layoffs are part of a broader restructuring effort as the company navigates a difficult financial environment.

TikTok on 2025-08-22.

TikTok has conducted its third round of layoffs for the TikTok Shop US team since April, but has not disclosed the number of jobs impacted. The layoffs are part of restructuring efforts as TikTok Shop US, the company's e-commerce retailer launched less than two years ago, faces challenges despite being TikTok's fastest-growing business.

British climate tech startup Beam, which specialized in AI and robotics for offshore wind farm automation, has ceased operations and made all employees redundant as of early May 2025. The company, formed in late 2023 from the merger of Rovco and Vaarst, had over 200 employees and was actively seeking over £100 million in new funding prior to its collapse. This shutdown occurred just months after announcing ambitious expansion plans to hire an additional 200 staff, highlighting the challenging funding environment for climate startups. Beam operated in the renewable energy technology sector and had offices in the UK and the US.

AI proptech startup Tract, which aimed to address the UK's housing crisis, has ceased operations, resulting in the layoff of its entire team. The company, founded in 2023 and based in London, had raised funding from early-stage VCs but ultimately shut down due to a combination of factors. Founders Jamie Rumbelow and Henry Dashwood admitted to overspending on non-essentials like contractors and a trip to America, alongside facing systemic challenges in the UK housing market and flawed business assumptions. In a blog post on April 3, 2025, they announced the shutdown and expressed intentions to return investors' money, offering their experience as a cautionary tale for other founders in the proptech and AI industries.

Arrival, the UK-based electric vehicle startup once valued at $13 billion, has ceased operations and laid off all but one of its remaining staff following the collapse of two last-minute sale deals in early 2025. This final shutdown comes after the company entered administration in early 2024. The layoffs effectively represent a near-total workforce reduction from the 74 employees still working as of August the previous year, as the company had already cut half of its 800 employees in early 2023. The failure of the sales, attributed to bidders' own financing issues, marks the end for the ambitious EV maker, which aimed to revolutionize van manufacturing with micro-factories but struggled with missed targets and collapsed funding. This event is part of a broader downturn in the European EV and battery sector.

TikTok is planning to cut around 300 jobs at its Dublin headquarters in April as part of a global restructuring announced in February. The layoffs affect approximately 10% of the nearly 3,000 employees at its Irish operation. While the company has not officially confirmed the exact number, Ireland's Minister for Enterprise acknowledged the notification and expressed support for the impacted workers, noting that TikTok remains a significant employer in the country. The tech industry continues to see workforce adjustments amid broader economic and strategic shifts.

British fact-checking startup Logically has laid off approximately 40 employees, representing about 20% of its workforce, which previously stood around 200. The cuts, announced in February 2025, are part of a global cost-cutting and restructuring effort as the company shifts to a more product-led business model. Founded in 2017, Logically gained prominence by combating online misinformation using AI and data analysis, with operations in the UK, US, and India. The anti-misinformation firm, backed by investors like the Amazon Alexa Fund, stated the move was necessary to streamline operations for long-term success, despite the difficult decision.

Cybersecurity firm Sophos, headquartered in the U.K., is laying off approximately 6% of its combined workforce following its recent $859 million acquisition of U.S.-based Secureworks. The company confirmed the cuts in February 2025, attributing them to the delisting of Secureworks as a public company and the need to streamline duplicate roles created by the merger. While Sophos did not disclose the exact number of employees affected or its total headcount, this move comes after a previous 10% reduction in 2023 aimed at balancing growth and profitability. The layoffs reflect ongoing consolidation and restructuring within the cybersecurity industry.

London-based fintech Zepz, the parent company of WorldRemit, is laying off approximately 200 IT employees, which represents about 20% of its global workforce of 1,000. The layoffs, part of a broader cost-cutting initiative announced in January, affect roles in database administration, development operations, and software engineering. The company cites the completion of its replatforming efforts, enhanced by automation and AI, as reducing the need for certain technical capacities. As part of this restructuring, Zepz is also proposing the closure of its business units in Kenya and Poland, aiming to streamline operations to support its long-term strategic goals and sustainable growth in the competitive digital remittances industry.

In September, London-based fintech firm TrueLayer laid off 71 employees, representing approximately 25% of its workforce, as part of a cost-cutting initiative to achieve profitability. The layoffs occurred abruptly, with staff given just two hours' notice before a meeting where the cuts were announced, and affected employees departed the same day. This restructuring came shortly before the company secured a $50 million funding round, which lowered its valuation by about 30%, stripping it of its previous "unicorn" status above $1 billion. The move reflects broader challenges in the fintech sector, where companies are shifting away from a "growth at all costs" approach to focus on financial sustainability amid tighter funding conditions. TrueLayer, which provides open banking payment solutions for clients like Revolut and Coinbase, had previously reduced headcount in 2022 and experienced fluctuating employee numbers in recent years.

In 2023, London-based rapid grocery delivery startup Zapp dramatically reduced its workforce as part of major cost-cutting efforts. The average number of employees plummeted from 2,417 in 2022 to just 260 in 2023, representing a layoff of approximately 2,157 staff, or about 89% of its workforce. This drastic reduction followed heavy losses in 2022, which led the company to withdraw from international markets like the Netherlands and France to focus solely on its core London operations. The job cuts, announced in 2022, affected head office roles as well as positions across stores and distribution centers. Despite the severe downsizing, Zapp reported a significant improvement in its 2023 financials, with pre-tax losses shrinking and revenue growing, as it shifted strategy to target affluent customers with higher-value orders.

Funding Circle, a UK-based online lending platform, has laid off approximately 120 employees, representing about 17% of its global workforce. This restructuring, announced in early 2023, is part of a strategic shift to streamline operations and reduce costs amid challenging economic conditions in the fintech sector. The company, which connects small businesses with investors, is refocusing on its core markets to improve profitability.

TikTok plans significant layoffs this week, but the exact number of affected employees, total employees, reason, and announcement date are not specified in the article.

Renault's mobility service Karhoo has ceased operations and entered administration for the second time, declaring the business "no longer financially viable" as of May 2024. This closure, which affects the entire workforce, marks the end of the company's seven-year journey under Renault's ownership. Karhoo, originally a taxi comparison platform launched in London in 2016, had previously collapsed and laid off 120 employees in its first iteration before being rescued in 2017. Operating within the competitive mobility and transportation technology sector, the company ultimately could not achieve sustainable viability, leading Renault to wind down the service immediately.

Hopin on 2024-05-07.

In April 2024, Turkish instant delivery company Getir announced a major strategic retreat, exiting the U.S., U.K., and European markets to focus solely on its home country. This decision impacts over 6,000 jobs across those closing operations, a significant portion of its workforce which numbered around 32,000 a year prior. The move marks a dramatic reversal for the once high-flying "quick commerce" startup, valued near $12 billion, as it and rivals like Flink face severe industry downturn. Getir cited the need to concentrate financial resources on Turkey and secured new investment to extend its runway, ending an aggressive global expansion that included acquisitions like Gorillas and FreshDirect.

Stability AI, the artificial intelligence startup behind the Stable Diffusion image generator, has laid off more than 20 employees, representing about 10% of its global workforce of approximately 200 people. The layoffs, announced in an internal memo on Wednesday, are part of a restructuring effort by the new co-CEOs to "right-size" the business following a period of unsustainable growth. This move comes shortly after the departure of the company's controversial founder and former CEO, Emad Mostaque, and primarily affects operational staff as the leadership seeks to stabilize the company.

TikTok is laying off over 250 employees in Ireland today, April 12, 2024, as part of a company-wide restructuring. This move affects the social media giant's Training and Quality team, with the number of job losses representing less than 10% of its approximately 3,000-strong Irish workforce. While TikTok stated the restructuring aims to enhance quality assurance processes and that Ireland remains a key base, some affected staff have criticized the handling of the layoffs as insensitive, noting difficulties in securing other internal roles despite company assurances.

UK gut health startup Zoe, a prominent direct-to-consumer healthtech company, announced in April 2024 that it will cut costs by 20%, leading to layoffs. The company, which grew rapidly and became a household name during the pandemic, admitted it "overexpanded" its team in an unsustainable way after growth forecasts for 2024 proved inaccurate. While Zoe has over 100,000 members and continues to attract new users, high customer churn and a need to align costs with revenue prompted the restructuring. The layoffs are part of broader cost-cutting measures, including halting office expansion and reducing contract expenses. Zoe, which has raised $84.5 million and was the UK's fastest-growing healthtech by headcount in 2023, aims to stabilize its operations and focus on its science and member base.

In early 2024, eBay, the e-commerce giant, laid off approximately 30% of the staff at KnownOrigin, an NFT marketplace it acquired in 2022. The layoffs, which affected key personnel including the business and strategy officer and a co-founder, were part of a broader halt to digital art initiatives. This restructuring reflects the cooling NFT market and internal criticisms over leadership and strategy, signaling a significant pullback from eBay's foray into the digital collectibles space within the broader blockchain and crypto industry.

Luxury fashion e-tailer Farfetch is laying off approximately 2,000 employees, representing 25% to 30% of its workforce, as part of a major restructuring under its new owner, the Korean retail giant Coupang. The decision, announced internally on February 16, 2024, aims to streamline the business and secure its financial future following the acquisition finalized in late January. The job cuts affect various teams, including product design and the Farfetch Platform Solutions division. This restructuring coincides with significant leadership changes, including the departure of founder José Neves as CEO and several other top executives.

Small Robot Company representing approximately 100% of its workforce on 2024-02-02.

Twig representing approximately 100% of its workforce on 2024-02-02.

TikTok laid off about 60 employees, mostly in sales and advertising, as part of a reorganization effort. The layoffs occurred amid slowing growth and the integration of TikTok Shop in the U.S., with the company citing these changes as reasons for the job cuts.

In January 2024, the crowdfunding platform Seedrs, part of the US-based Republic group, laid off 15% of its European workforce, affecting approximately 15 employees. This restructuring follows challenging market conditions in startup fundraising over the past 18 months. As a result, Seedrs is closing its offices in Spain and Sweden to focus on more profitable areas and ensure a leaner operation, shifting away from recent market expansion efforts. Despite the office closures, the company will continue to support businesses across Europe.

TikTok, the wildly popular video-sharing app, has laid off approximately 60 employees, primarily within its sales and advertising divisions across offices in Los Angeles, New York, Austin, and abroad. This represents a small fraction of its roughly 7,000 U.S. workforce and is part of a broader trend of tech industry layoffs in early 2024. A company spokesperson described the cuts as a routine reorganization to reduce costs and re-allocate resources. The move comes despite TikTok reporting strong growth, with over 150 million active U.S. users, and positions the ByteDance-owned company alongside other major tech firms like Google and Amazon that are restructuring, partly to focus investments on the competitive race to develop generative AI tools.

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Ocado, a leading British online grocery and technology company, has announced a restructuring plan affecting approximately 400 employees, which represents around 2% of its total workforce of roughly 19,000. The layoffs, confirmed in early 2024, are part of a strategic effort to streamline operations and enhance efficiency amid a challenging economic environment and increased competition in the online retail and logistics sector. As a publicly traded firm with a significant scale in automated warehousing and delivery services, Ocado aims to refocus on core technology and retail partnerships while managing costs. This move reflects broader industry trends as companies adapt to shifting market demands and operational pressures.

Zepz, the British fintech unicorn behind WorldRemit and Sendwave, has laid off 30 employees, affecting less than 2% of its global workforce of around 1,600. This follows a larger round in May, when the company cut 26% of jobs due to role duplication after acquiring Sendwave. Valued at $5 billion, Zepz cites a focus on profitability and innovation amid a slowdown in digital payments, aiming to streamline operations while supporting impacted staff.

In late November 2023, the UK-based edtech unicorn Multiverse announced layoffs affecting up to 44 employees in the United States, representing nearly a third of its 100-person US workforce. The company, which provides apprenticeship and upskilling programs globally, cited missed revenue targets and a strategy that hadn't evolved quickly enough in the US market as the primary reasons. This reduction follows a broader trend of gradual team reductions over the past year as the company shifts focus toward corporate upskilling. Despite these cuts, Multiverse retains a global team of approximately 850 employees. The layoffs come amid significant financial challenges, with the company reporting losses of £41 million for the fiscal year ending March 2023.

Zazuu, a U.K.-based fintech startup focused on African cross-border payments, has shut down in November 2023 after failing to secure additional growth funding. The closure resulted in the layoff of its entire team, though the exact number of employees affected was not disclosed. Founded in 2018, the company had evolved from a simple rate-comparison chatbot to an FCA-licensed service with nearly 100,000 users across eight countries. Despite raising $2 million in 2022 to expand its platform and hire talent, Zazuu was unable to sustain operations without further investment, ultimately leading to its dissolution in the competitive fintech industry.

London-based HR tech startup Beamery is reducing its workforce by 25 percent as part of a broader organizational restructuring aimed at cutting total costs by 35 percent. Based on LinkedIn data showing 421 employees, this layoff will affect approximately 105 people. The move, reported in November 2023, reflects ongoing challenges in the tech sector as companies streamline operations to improve financial sustainability. Beamery, which provides talent acquisition and management software, joins other startups adjusting their strategies amid economic pressures.

Multiverse, the UK-based edtech unicorn founded by Euan Blair, has laid off around 40 employees over the past year, significantly impacting its 'early talent' team focused on placing school leavers into apprenticeships. This restructuring, part of a shift toward upskilling existing corporate employees, came after the company missed revenue targets in early 2023 and moved to cut costs amid an economic downturn. The layoffs, which have drawn criticism over a perceived "cut-throat" culture, reflect broader challenges as the once high-flying startup, valued at £1.36 billion in 2022, pivots from growth to profitability in the competitive education technology sector.

Parity Technologies laid off 100 employees representing approximately 30% of its workforce on 2023-10-23.

PokerStars on 2023-10-15.

In October 2023, cash-strapped electric vehicle maker Arrival announced another round of layoffs, cutting approximately 25% of its remaining workforce as part of ongoing cost-reduction efforts. This followed a major restructuring in January 2023 that had already reduced staff by 50% to around 800 employees. The company, which went public via a SPAC merger in 2021, has restructured multiple times and pivoted its focus to the U.S. market to leverage Inflation Reduction Act subsidies. Despite developing electric vans, buses, and ride-hailing vehicles, Arrival has yet to launch a commercial product and faces uncertainty, having not provided a quarterly update since May 2023.

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Recast, a UK-based sports and entertainment content monetization startup, has entered administration after a major investor failed to fulfill a funding commitment, causing severe cashflow issues. The entire team, reportedly around 50 employees, has been laid off as no solvent outcome or sale was possible. This sudden collapse, occurring in late 2023, highlights the precarious position of startups reliant on investor funding, despite the company's reported recent traction in offering an alternative monetization model for the digital media industry.

UK digital health startup Huma is laying off approximately 45 employees, representing nearly 10% of its global workforce of over 500. The layoffs, announced internally on August 8, 2023, are a response to a slowdown in revenue growth and a challenging fundraising environment. The company cited that clients and partners are reducing investments in new technology, prompting Huma to cut costs and focus on achieving profitability. Despite these cuts, Huma continues its M&A strategy, having recently raised funds and acquired companies to expand its remote patient monitoring platform in the competitive healthtech industry.

Getir laid off 2,500 employees representing approximately 11% of its workforce on 2023-08-22.

In August 2023, UK-based cybersecurity giant NCC Group confirmed it was undertaking a second round of layoffs within six months, following a previous cut of 125 employees (7% of its workforce) announced in February. The company described the latest reductions as affecting a "relatively small number" of colleagues, primarily in North America, and attributed the move to changing market dynamics and a renewed global strategy. This placed NCC among several cybersecurity firms, like Rapid7 and HackerOne, making workforce adjustments amid broader industry pressures. The exact number of employees impacted in this round was not disclosed.

Babylon Health laid off 94 employees on 2023-08-09.

CodeClan laid off 57 employees representing approximately 100% of its workforce on 2023-08-04.

SoftBank-backed UK event ticketing platform DICE confirmed a round of layoffs in early August 2023 as part of a company restructuring. The company, which operates in the event tech and marketplace industry, stated the move was a difficult decision to refocus on its most important initiatives. While DICE did not disclose the exact number of employees affected, the layoffs were implemented to streamline operations and ensure strategic focus amid broader market adjustments.