Layoffs in United States

Redfin laid off 46 employees on 2025-01-09.

Icon, a company in the technology sector, has recently conducted layoffs, though specific details such as the number of employees affected, the percentage of the workforce, and the exact date are not publicly disclosed in the available information. The layoffs appear to be part of broader organizational adjustments, which are common in the dynamic tech industry. As a mid-sized firm, Icon's workforce size and the scale of these cuts remain unclear, but such moves often reflect strategic shifts or economic pressures faced by companies in this competitive field.

Microsoft is planning a round of job cuts focused on underperforming employees, with reductions occurring across the company, including its key security division. While the exact number of layoffs was not disclosed, the company had approximately 228,000 full-time employees as of late June. These performance-based cuts, reported in early January 2025, are part of a broader effort to prioritize high-performance talent, similar to moves by competitors. Microsoft often backfills these roles, so the overall headcount may not see a significant change. The technology giant, a leader in the software and cloud computing industry, is intensifying its performance management, with managers recently evaluating employees up to senior levels.

Altruist laid off 37 employees representing approximately 10% of its workforce on 2025-01-07.

Aqua Security, a cybersecurity unicorn specializing in cloud-native application security, has laid off dozens of employees globally as part of a strategic reorganization aimed at streamlining operations and focusing on profitability. The layoffs, which occurred in early January 2025, include an estimated 20 employees in Israel. With a global workforce of approximately 450, this reduction follows previous cuts in July 2023 (50 employees) and December 2022 (65 employees). The company, headquartered in Boston and Ramat Gan and founded in 2015, has raised $325 million to date, including a $60 million round at a $1 billion valuation in January 2022. Aqua Security serves over 500 enterprise organizations, including 40% of Fortune 100 companies, and recently announced a collaboration with Orca Security to enhance its cloud protection offerings.

Cloud Software Group, the parent company of Citrix, Tibco, NetScaler, and XenServer, has conducted a new round of global layoffs, eliminating a number of roles worldwide. While the exact number of affected employees and the percentage of its total workforce were not disclosed, the cuts impacted various positions, including engineers, technical account managers, and other roles, as confirmed by LinkedIn posts from former staff. The Fort Lauderdale-based cloud and virtualization technologies vendor stated the layoffs are part of a continuous business review aimed at scaling toward becoming a $20+ billion diversified software company, emphasizing simplified processes and disciplined fiscal decision-making. This action follows previous layoffs in January 2024 and recent acquisitions aimed at boosting security and cloud capabilities. The company remains focused on innovation and channel partner investments.

Level, a New York-based benefits startup founded in 2018, has shut down after an acquisition deal fell through, leading to the termination of its operations. The company, which specialized in dental and vision insurance for employers, laid off the majority of its workforce, retaining only a small team to assist customers through the transition. While exact figures on employee count and layoff percentages are not specified in the report, the closure was announced abruptly in early January 2025, following the collapse of last-minute acquisition efforts. This event highlights the challenges faced by startups in the competitive insurtech and employee benefits industry, particularly those reliant on funding or exit strategies to sustain operations.

Brave Care representing approximately 100% of its workforce on 2024-12-31.

Bench, a Canadian accounting software startup for small and medium-sized businesses, abruptly shut down on December 27, 2024, resulting in the effective layoff of its entire workforce. The company, which had raised $113 million from investors like Shopify and Bain Capital Ventures, served over 35,000 U.S. customers. Its sudden closure left thousands of businesses without access to critical accounting and tax documents, forcing them to urgently migrate their data. Bench cited an inability to continue operations, recommending customers transition to another startup, Kick. The shutdown reflects significant turmoil in the fintech and SaaS industry, impacting a venture-backed company that had scaled to serve a substantial customer base.

RealSelf on 2024-12-19.

Refinery29 on 2024-12-17.

Yahoo has laid off approximately 40 to 50 employees from its 200-person cybersecurity team, known as The Paranoids, since the start of 2024, representing about a 25% reduction. This includes the complete elimination of its internal red team, which simulated cyberattacks to test defenses, with those functions now being outsourced. The cuts are part of broader strategic adjustments under new CTO Valeri Liborski, aimed at focusing resources on critical security priorities. These layoffs follow a larger company-wide reduction of over 1,600 employees last year, reflecting ongoing restructuring efforts within the tech and media industry to improve profitability.

Electric vehicle startup Canoo has initiated another substantial round of layoffs, terminating more than 20 employees in early December 2024. This follows a recent relocation of staff from California to Texas and comes as the company faces severe financial distress, with its stock down 99% and bankruptcy concerns looming. The layoffs have severely impacted key operational teams, including nearly the entire service department and the paint team. Earlier in November, Canoo had already furloughed 23% of its factory workforce in Oklahoma for 12 weeks. These cuts reflect the intense challenges within the competitive EV industry as the struggling startup, which employs around 300 people, attempts to restructure and conserve cash.

OfferUp representing approximately 22% of its workforce on 2024-12-11.

Calendly laid off 70 employees representing approximately 13% of its workforce on 2024-12-11.

Spotter on 2024-12-11.

Foundry, the world's largest Bitcoin mining pool operator owned by Digital Currency Group, laid off 27% of its workforce in December 2024, reducing staff from 274 to 200 employees. The cuts primarily affected U.S. operations, with 44 American workers let go, and also impacted teams in India. This strategic move aims to refocus the company on its core mining pool and site operations businesses. The layoffs occurred amid a broader industry struggle where rising mining costs post-halving are pressuring revenues, despite a bullish market. Concurrently, Foundry transferred 20 staff to Yuma, a new AI startup spun off from DCG, highlighting a sector-wide trend of miners pivoting to AI or consolidating to survive.

EasyKnock, a New York-based residential sale-leaseback fintech platform, has abruptly ceased operations, resulting in the layoff of its entire workforce. While the exact number of employees affected is not specified, the company's closure follows significant regulatory scrutiny and consumer lawsuits. In December 2023, Massachusetts regulators settled with EasyKnock over allegations of deceptive practices that stripped homeowners of equity, with similar actions in other states. Despite raising substantial funding, including a $28 million Series D round in February 2024, the company faced mounting legal challenges that ultimately led to its shutdown. The industry is real estate technology, and the company had scaled through multiple acquisitions before its collapse.

Mixtroz, a Birmingham-based event tech startup founded by a mother-daughter duo, is winding down its operations after a decade in business. The company, which developed an app to facilitate networking at meetings and conferences by grouping attendees based on shared interests, gained national recognition for its founders becoming among the first Black women to raise over $1 million in venture capital. While specific layoff numbers and total employee count are not detailed in the announcement, the decision to close the business implies the entire team is affected. The closure marks the end of a journey that began with a $100,000 seed funding win in 2018, highlighting the challenges faced by startups in the competitive event technology industry.

Circle, the issuer of the USDC stablecoin, has laid off approximately 50 employees, representing less than 6% of its workforce, following a regular operational review. The company, which reported having 882 employees in June 2024, stated the cuts are part of an effort to adjust investments and expenses, marginally reducing spend in some areas while growing others. This move in the cryptocurrency and financial technology industry comes as Circle, a significant player with a market-leading stablecoin, continues to navigate its business strategy, having filed for an initial public offering earlier in the year.

Vox Media, a prominent digital media company, is implementing layoffs and a significant restructuring, primarily affecting its lifestyle brands Thrillist, PS (formerly PopSugar), and Eater, as well as its media production and technology teams. The announcement was made by CEO Jim Bankoff in an internal memo on Thursday. While the company declined to specify the exact number of employees affected, the move is part of a broader reorganization aimed at adapting to the accelerating pace of change in the media industry. Bankoff stated the restructuring is essential to evaluate investments and serve audiences better to ensure the long-term health of the business.

Fintech unicorn Stash laid off approximately 40% of its workforce, affecting about 88 employees out of roughly 220, in early October 2024. This restructuring occurred shortly after CEO Liza Landsman's departure at the end of September and coincided with the return of cofounders Ed Robinson and Brandon Krieg as co-CEOs. The layoffs, which included at least three executives, mark the company's second major workforce reduction this year. Stash, a personal finance and investing app for beginners valued at $1.4 billion, faced acquisition interest, including an offer from eToro below its last valuation, but the board opted instead to pursue a new funding round to pay down debt and fund growth initiatives.

2U on 2024-12-04.

Booking Holdings, a major online travel company, has laid off approximately 60 employees at its business-to-business unit, Rocket Travel by Agoda. This reduction is part of a strategic move to streamline operations and reset the company's global investment priorities, particularly as it focuses on advancements in the AI era. The layoffs, confirmed in early 2024, represent a shift away from less competitive B2B services, where Expedia has held a stronger position. This restructuring aims to reallocate resources toward areas with higher growth potential within the travel industry.

Market-research startup AlphaSense laid off 150 employees, representing about 8% of its workforce, earlier this month as part of a restructuring effort following its $930 million acquisition of data provider Tegus. The company, which uses AI to analyze financial documents and data, made these cuts to address redundancies and streamline operations, aiming to ensure long-term stability and growth.

Sprout Social, a social media management software company, has not announced any layoffs. The provided content appears to be an internal talent directory or a list of employees open to work, not a report of workforce reductions. There is no information regarding the number of employees laid off, percentage, reason, or date for any such event. The industry is social media software, and the company's scale is not detailed in this excerpt.

Apple on 2024-11-24.

LinkedIn laid off 202 employees representing approximately 1% of its workforce on 2024-11-21.

Headspace representing approximately 13% of its workforce on 2024-11-20.

Own on 2024-11-19.

Based on the provided content, there is no information available about a layoff event at AppLovin. The article content only displays a technical error message regarding JavaScript being disabled in a browser, preventing the site from loading properly. Therefore, a summary of a layoff cannot be generated from this text.

AMD has confirmed laying off 4% of its workforce, approximately 1,000 employees, to focus on large growth opportunities. The company had about 26,000 employees last year, and this move follows a mixed Q3 earnings report with declines in the gaming division and challenges in AI chip sales against Nvidia.

Chegg laid off 319 employees representing approximately 21% of its workforce on 2024-11-12.

Lyra Health laid off 77 employees representing approximately 2% of its workforce on 2024-11-12.

Forward laid off 200 employees representing approximately 100% of its workforce on 2024-11-12.

New Relic on 2024-11-12.

Enphase Energy, a leading solar microinverter manufacturer, laid off approximately 10% of its workforce in December 2023, affecting around 350 employees out of a total of roughly 3,500. The company, operating in the renewable energy industry, implemented these cuts as part of a restructuring plan to reduce operating costs and align with softening market demand, particularly in the U.S. residential solar sector. This move reflects broader industry challenges, including high interest rates and policy changes, impacting the scale of operations for this publicly traded clean technology firm.

Sword Health, a $3 billion digital health startup, laid off 13 physical therapists in October 2024, representing about 17% of its roughly 75 treatment-facing clinicians. The company, which provides virtual care for muscle and joint pain, stated the cuts were performance-based. This move aligns with its strategy to leverage AI to scale operations, aiming to increase each therapist's caseload significantly—from about 200-300 patients to a target of 700 by year's end—by using AI to draft patient communications. The startup, which raised $130 million in June 2024 and is eyeing a potential 2025 IPO, continues to hire, with over 30 open positions for physical therapists.

23andMe laid off 200 employees representing approximately 40% of its workforce on 2024-11-11.

Mozilla Foundation laid off 30% of its employees in the second round of layoffs this year, with executive director Nabiha Syed confirming that advocacy and global programs divisions are no longer part of the structure, though advocacy remains a central tenet according to the communications chief.

Supersonic aircraft startup Exosonic is winding down operations entirely in November 2024, resulting in the layoff of its entire team. The company, founded in 2019 and part of Y Combinator's Winter 2020 cohort, was developing quiet supersonic airliners and drones for the Department of Defense. Despite raising over $4.5 million and achieving milestones like the test flight of its EX-3M Trident UAV, Exosonic stated it could not secure the necessary customer traction and funding to sustain its cash needs and continue advancements. The shutdown marks the end of a five-year effort to revive commercial supersonic travel.

In November 2024, autonomous electric tractor startup Monarch Tractor laid off approximately 35 employees, representing about 10% of its workforce. This was the company's second round of layoffs in 2024, following a 15% reduction in July. The Livermore, California-based company, which has raised $220 million since its 2018 founding, is restructuring due to a slower-than-expected third quarter and a downturn in the agricultural technology sector. Key factors include a crash in California's vineyard market—a core early customer base—and a broader pullback in agri-tech investment. The restructuring shifts Monarch's focus toward licensing its autonomous vehicle technology, expanding sales of its AI farm management software, and pursuing non-agricultural customers such as golf courses and solar farms. CEO Praveen Penmetsa cited these strategic pivots, alongside increased reliance on manufacturing partner Foxconn, as reasons for the cuts, which affected engineering and operations teams. Some employees reported being let go without severance.

BigCommerce on 2024-11-08.

Akamai laid off 250 employees representing approximately 2% of its workforce on 2024-11-07.

Freshworks, a Nasdaq-listed SaaS platform, announced a 13% reduction of its global workforce on November 7, 2024, affecting 660 employees out of a total of over 5,000. The layoffs are part of a restructuring plan to streamline operations and reallocate investments toward its fastest-growing Employee Experience (EX) business, following a strategic shift under new CEO Dennis Woodside. The company expects to incur related charges of $11-13 million in Q4 2024 and complete the restructuring by year-end. Concurrently, Freshworks authorized a $400 million stock buyback program. Despite a 7% quarterly revenue increase to $186.57 million, net losses widened, highlighting the operational pressures prompting this move.

Opendoor, a major player in the iBuying real estate technology sector, has conducted a significant workforce reduction, laying off approximately 560 employees. This cut represents about 18% of its total workforce. The layoffs, announced in November 2022, are a direct response to the deteriorating conditions in the housing market, characterized by rising mortgage rates and declining buyer demand. As a publicly traded company, Opendoor is implementing these cost-cutting measures to navigate the market downturn and preserve its financial stability.

ShareFile laid off 199 employees on 2024-11-07.

Avaya, a major player in the unified communications and collaboration industry, has initiated another significant round of layoffs, believed to be larger than the cut of about 180 jobs (roughly 3% of its workforce) announced in July 2024. This latest wave, with notifications occurring around November 6, 2024, continues the company's ongoing restructuring efforts aimed at aligning investments and focusing on profitability. These moves follow Avaya's emergence from Chapter 11 bankruptcy in early 2023 and a recent leadership transition, with a new CEO taking over in September to steer the company's next chapter.

Outreach laid off 67 employees representing approximately 9% of its workforce on 2024-11-06.

In November 2024, robotics company iRobot laid off 105 employees, representing about 16% of its remaining workforce. This is part of an operational restructuring plan announced in an SEC filing. The layoffs follow a much larger round earlier in 2024, when roughly 350 jobs (31% of the workforce at the time) were cut after Amazon's planned $1.7 billion acquisition of the Roomba maker collapsed due to regulatory hurdles. CEO Gary Cohen stated the new operating model aims to increase product development efficiency with significantly fewer resources. Since the start of 2024, iRobot's global workforce has been reduced by approximately 50%.