Layoff Events

Israeli-founded e-commerce unicorn Yotpo laid off approximately 200 employees in early August 2025, representing about 34% of its global workforce. This significant reduction is part of a major strategic overhaul where the company is refocusing on its core products—Reviews and Loyalty—and adopting an AI-first approach. As part of the restructuring, Yotpo is shutting down its Email and SMS marketing operations, selling that customer base to Attentive. The layoffs affected staff across its offices in Israel, Bulgaria, Poland, London, New York, and Australia, as the company aims to transform into a more focused and profitable, product-first organization.

In August 2025, just three weeks after acquiring the AI coding startup Windsurf, Cognition AI laid off 30 employees and offered buyouts to the roughly 200 remaining staff. This move, affecting a significant portion of the team, reveals that Cognition's primary interest was Windsurf's intellectual property rather than its talent, despite earlier assurances of retaining employees. The layoffs and stringent buyout conditions, including demands for over 80-hour work weeks, mark another turbulent chapter for Windsurf, which had previously faced a failed acquisition by OpenAI and a major talent exodus to Google.

Amazon is reorganizing its audio entertainment operations, consolidating production between its Wondery and Audible brands. This restructuring, announced in early August 2025, will result in about 100 layoffs. The move aims to streamline audio content across Amazon's vast media footprint, responding to the evolving podcast landscape with a shift toward more video-forward, creator-led content. As part of the changes, Wondery CEO Jen Sargent is exiting. The Wondery brand will continue focusing on celebrity-driven podcasts, while more narrative-driven series will shift to Audible. Amazon, a tech and e-commerce giant, acquired Wondery in 2020.

Clear, a consumer fintech company formerly known as Cleartax, has laid off approximately 16% of its workforce, affecting around 145 employees, as part of a broader strategic restructuring that took effect on August 1, 2025. The layoffs, which occurred during the peak tax-filing season—a critical revenue period for the firm—impacted several recently hired employees, including freshers who had joined just months prior. The company, which provides taxation and financial solutions, stated it is offering enhanced severance packages, continued health insurance, and outplacement assistance to those affected. This marks the second round of job cuts in three years, following a similar reduction in 2022.

Atlassian laid off 150 employees on 2025-07-30.

AI startup Astra, founded in 2023 and backed by Perplexity founder Aravind Srinivas, has ceased operations entirely, resulting in the layoff of its entire team. The company, which had a small, early-stage workforce, positioned itself as an AI-powered sales analytics platform. Co-founder and CEO Supreet Hegde announced the shutdown in a LinkedIn post, citing co-founder disagreements over growth pace, a lack of trust from enterprises regarding sensitive data, and market confusion due to the proliferation of AI agents. Despite securing two major clients, Astra never progressed beyond its beta phase. The closure occurred in mid-2024, marking the end for this SaaS venture in the competitive AI industry.

Indian AI unicorn Krutrim has laid off over 100 employees in a second round of job cuts, reportedly affecting a large portion of its linguistics team, which had around 600 members. This move, part of a strategic realignment to build leaner teams and manage resources better, follows a smaller round of layoffs in June. The company, which recently unveiled its AI assistant Kruti and announced major investments, is simultaneously stepping up hiring for its AI labs. The layoffs highlight the ongoing restructuring within the fast-growing AI startup as it balances expansion with operational efficiency.

On July 28th, 2025, ad-blocking and privacy software company Eyeo announced a major strategic overhaul, including a leadership change and significant staff reductions. The company is laying off 40% of its global workforce. While the exact total employee count was not officially confirmed, references to a team of over 300 suggest the layoffs affect more than 120 people, primarily in support roles. This restructuring coincides with the appointment of a new CEO, Douglas de Jager, and marks a strategic pivot for the company. Eyeo is shifting its focus from its core ad-blocking products toward building new privacy-centric tools designed to make online advertising private by default, a move the company calls a "strategic refounding."

Israeli fintech unicorn Tipalti laid off dozens of employees in late July 2025, marking its second significant workforce reduction after cutting 123 roles in early 2023. The company, which currently employs about 1,000 people, is reorganizing its sales and development divisions. The sales team is shifting focus to mid-market clients while reducing exposure to smaller customers, and development teams are being streamlined due to a strategic pivot. Tipalti, a high-value startup in the financial technology sector, provides automated payment and financial operations solutions to thousands of businesses globally.

EV financing and leasing startup Ohm Mobility has shut down operations, resulting in the layoff of its entire team. The company, which had approximately 20-30 employees, was unable to sustain growth despite five years of effort and multiple business model pivots. Founded in 2020, Ohm Mobility initially focused on connecting EV ecosystem players with financial institutions using IoT data for risk assessment. It later rebranded to Ohm Daily to target gig workers but failed to gain sufficient traction. The shutdown was confirmed in late July 2025, marking another closure in India's competitive startup and fintech sector. The company had raised around Rs 5 crore from investors including Antler India and Blume Ventures.

Cybersecurity firm PlaxidityX, formerly Argus Cyber Security, is laying off approximately 65 employees, representing about one-third of its 180-person workforce. The cuts, which include senior roles, are part of a global streamlining effort by its parent company, automotive giant Continental, ahead of the planned September IPO of its automotive division, Aumovio. The company cites adapting to market conditions and focusing on strategic growth as reasons for the restructuring, which was reported in late July 2025.

WiseTech on 2025-07-23.

ConsenSys laid off 47 employees representing approximately 7% of its workforce on 2025-07-22.

Social media startup Zeen, formerly known as Landing, is shutting down entirely after failing to achieve sustainable growth, resulting in the layoff of its entire team. The company, which had raised $9 million in venture capital since its founding in 2019, confirmed the closure on July 21, 2025. Co-founder Miri Buckland stated that despite pivoting from a social collage app to a shoppable collage tool for creators, the business could not reach the necessary scale to remain viable as a VC-backed startup. This shutdown highlights the intense challenges faced by social media and creator economy startups in securing long-term profitability and investor support.

In early 2025, Detroit-based Rocket Companies, the parent of Rocket Mortgage, conducted a company-wide layoff affecting roughly 2% of its workforce. This translates to approximately 285 employees from a total of about 14,263. The cuts, which impacted roles in recruiting, product management, and software engineering, were attributed to streamlining efforts following the firm's $1.75 billion all-stock acquisition of real estate brokerage Redfin. The company stated the decision was part of a shift from deal-making to integration, aiming to build a more focused organization. Affected employees were offered a severance package including 12 weeks of base pay plus additional weeks based on tenure, extended health benefits, and career transition support.

Amazon on 2025-07-17.

In July 2025, Ami Colé, a venture-backed beauty brand focused on makeup for darker skin tones, announced it would permanently shut down by September. The company, which had raised over $3 million from investors like G9 Ventures and Greycroft, cited unsustainable market conditions and tensions between founder Diarrha NDiaye-Mbaye and investor expectations. Despite early success and celebrity endorsements, the four-year-old startup struggled with inconsistent retail sales and competition from larger brands. The closure reflects broader challenges for Black-founded startups that surged after 2020, as investor enthusiasm for diversity-focused ventures waned.

Israeli telehealth startup TytoCare is laying off approximately 35 employees, representing about 20% of its 160-person workforce, as part of a restructuring announced in July 2025. This marks the company's second round of layoffs since 2023. The move aims to streamline operations and redirect investment toward advancing its FDA-approved, AI-driven diagnostic capabilities. Concurrently, CEO and co-founder Dedi Gilad will transition to the chairman role, focusing on long-term strategy, while co-founder Ofer Tzadik will oversee daily operations. The company, which has raised $205 million, is also adjusting its sales model to focus its home-use product in the U.S. via partners.

Y-Combinator-backed AI startup CodeParrot has shut down, resulting in layoffs for its entire team, including two engineers, as the company ceased operations. Founded in 2022 by Vedant Agarwala and Royal Jain, the developer-focused SaaS tool aimed to convert Figma designs into production-ready code using AI. Despite raising $500,000, the startup struggled with excessive burn rate and failed to secure further VC investment, reaching only $1,500 in monthly recurring revenue. After multiple pivots and a year in beta, the founders announced the shutdown in early 2024, citing the challenges of sustaining business in the competitive AI industry. CodeParrot is the second AI-focused SaaS startup to close recently, following subtl.ai.

Scale AI is laying off 200 employees, approximately 14% of its staff, and cutting ties with 500 global contractors. The layoffs are largely in its core data-labeling business, as the company pivots to focus on enterprise and government sales units, following Meta's investment and the departure of its CEO.

Lenovo laid off 100 employees representing approximately 3% of its workforce on 2025-07-16.

Jamf laid off 166 employees representing approximately 6% of its workforce on 2025-07-15.

Fashion quick commerce startup Blip has shut down just over a year after launching, resulting in the layoff of its entire team. The bootstrapped company, which operated in Bengaluru with a model promising 30-minute delivery of apparel from multiple brands, faced a critical shortage of capital that prevented expansion beyond its initial city. Co-founder Ansh Agarwal cited limited working capital and inefficient go-to-market execution as key reasons for the closure. Founded in 2024 and often described as "Zepto for fashion," Blip had aimed to scale using an omnichannel approach but ultimately could not sustain operations. The shutdown highlights the competitive and capital-intensive nature of the quick commerce fashion industry, where several well-funded competitors continue to operate.

Intel, the major semiconductor company, has significantly expanded its layoffs, now exceeding 5,000 employees across the United States as of mid-July 2025. This downsizing, part of a broader restructuring to reduce costs and simplify operations, more than doubled initial estimates in key locations. The cuts are concentrated in California and Oregon, affecting over 1,900 workers in Santa Clara and Folsom, and nearly 2,400 in Hillsboro. Additional layoffs occurred in Arizona and Texas. The company, aiming to become leaner and more efficient, began implementing these workforce reductions in July 2025.

TripleLift, a supply-side platform in the ad tech industry, laid off a double-digit percentage of its workforce, estimated at less than 20%, on Friday, July 11, 2025. The company, which had over 450 employees as of April, is undergoing restructuring under new CEO Dave Helmreich, who took over in February. This marks the third round of layoffs in five years, with pressure from majority shareholder Vista Equity Partners likely driving cost-cutting measures to boost profitability. The timing aligns with past leadership transitions, similar to cuts made under the previous CEO in early 2023.

Israeli industrial AI unicorn Augury is laying off about 60 employees, representing 18% of its global workforce of 345, as announced in July 2025. This marks the company's third round of layoffs, following previous cuts affecting around 100 staff. Despite raising $75 million in a Series F round just months earlier in February, which valued the company at over $1 billion, Augury stated the restructuring is intended to sharpen its focus and fuel its next growth phase. The Haifa-based company, which provides AI-driven machine health monitoring solutions to manufacturing plants, has seen significant revenue growth and customer expansion but is now adjusting its organizational structure to prioritize new roles and maintain its market leadership trajectory.

Indeed + Glassdoor laid off 1,300 employees on 2025-07-10.

Eigen Labs laid off 29 employees representing approximately 25% of its workforce on 2025-07-08.

Israeli fintech company Nayax is laying off 70 employees, representing 6% of its global workforce of 1,100 people. This first major round of layoffs, announced in July 2025, comes despite strong financial performance, including a 60% stock surge and record quarterly profits. The company, which provides digital payment solutions for self-service retail and is valued around $1.79 billion, stated the cuts are part of an operational efficiency drive. The move highlights a trend of restructuring within the tech industry even amid revenue growth, as Nayax integrates recent acquisitions and aims to streamline its operations.

GenAI enterprise tech startup Subtl AI has shut down after failing to secure additional funding, leading to the layoff of its entire team. The company, which launched in 2019 and employed around 10-15 people, was unable to raise a targeted $1 million seed round. CEO Vishnu Ramesh announced the closure in early July 2024, citing an inability to raise fresh capital, a lack of market focus, and infrastructure go-to-market challenges as key reasons. Operating in the competitive generative AI industry, this small-scale startup had previously raised $200,000 and aimed to build a "Private Google for enterprises" but ultimately could not sustain operations.

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.

Nigerian fintech startup Okra has shut down operations in May 2025, resulting in the layoff of its entire workforce. The company, which had raised over $16.5 million and was a pioneer in open banking in Africa, faced insurmountable financial challenges. A steep rise in cloud infrastructure costs, driven by Nigeria's currency depreciation, consumed most of its revenue. This led to a strategic pivot toward offering its own cloud product, Nebula, but ultimately the company could not sustain operations. The shutdown marks the end of a five-year journey for the startup, which had integrated with major banks across the continent.

Microsoft announced layoffs affecting approximately 9,000 employees on Wednesday, July 2, 2025, marking another significant workforce reduction for the tech giant. This cut represents less than 4% of its global workforce, which stood at 228,000 people as of June 2024. The move is part of ongoing organizational changes aimed at streamlining management layers and positioning the company for success in a dynamic marketplace, particularly within its gaming division. This follows several previous rounds of layoffs in recent years, including a cut of over 6,000 jobs in May 2025. Despite these reductions, Microsoft remains highly profitable, having reported strong quarterly earnings and record stock prices, as it continues to focus on growth areas like Azure cloud services.

TomTom laid off 300 employees representing approximately 10% of its workforce on 2025-06-30.

Rivian, the electric vehicle manufacturer, has laid off approximately 140 employees, representing about 1% of its workforce, as part of ongoing efforts to improve operational efficiency ahead of the 2026 launch of its more affordable R2 SUV. The cuts, confirmed in late June 2025, primarily affected the manufacturing team, with the company citing the elimination of roles that created process inefficiencies. This follows previous workforce reductions in recent years. Rivian, which began 2025 with over 14,800 employees in North America and Europe, is encouraging affected staff to apply for other open positions within the company.

Bumble, the dating app company, is laying off approximately 240 employees, which represents 30% of its workforce. This significant restructuring, announced in a securities filing, is part of an effort to reconfigure its operating structure and optimize strategic priorities. The move is expected to result in $13 million to $18 million in charges this year but will save the company about $40 million annually. These savings are intended to be reinvested into new product and technology development. The announcement comes as Bumble's market value has sharply declined since its 2021 IPO, and follows the return of founder Whitney Wolfe Herd to the CEO role earlier this year. The layoffs were disclosed alongside an updated, slightly improved revenue forecast for the current quarter.

Vancouver-based AI software startup Klue laid off approximately 85 employees, representing just over 40 percent of its workforce, in a major restructuring on June 25. The company, which provides AI-powered competitive intelligence tools, is contending with rising competition from businesses using DIY AI solutions like OpenAI's ChatGPT, leading to missed revenue targets and increased customer churn. CEO Jason Smith cited the need to become an "AI-first" operation and hasten the path to profitability as key reasons, noting that AI acts both as a competitive threat and an internal efficiency driver. The layoffs, which included voluntary departures, are part of a broader consolidation of engineering operations in Canada and a reduction in compute spending.

Microsoft on 2025-06-24.

Intel on 2025-06-24.

Google laid off 75 employees on 2025-06-24.

Pluralsight, a Utah-based online education technology company formerly valued as a "unicorn," is relocating its headquarters to Texas following another round of layoffs. The move comes amid a series of leadership changes, including the recent departure of its CEO, and follows a recapitalization under new ownership. While exact layoff figures for this round are not specified, the company's exit from Utah marks a significant shift for the once-prominent local tech firm, reflecting broader challenges in the tech industry and internal restructuring efforts.

Khoros laid off 116 employees on 2025-06-20.

African B2B e-commerce startup Sabi has laid off approximately 50 employees, representing about 20% of its workforce, as part of a strategic pivot announced in June 2025. Following a $38 million Series B funding round that valued the company at $300 million, Sabi is shifting its focus from its original retail and FMCG marketplace model to concentrate on its new TRACE vertical for traceable commodity exports. This restructuring aims to align resources with growing global demand for ethically sourced minerals and agricultural products, a sector where Sabi now exports over 20,000 tons monthly. The layoffs reflect broader challenges in the African B2B e-commerce space, including thin margins and capital intensity, prompting the company to streamline operations around its more promising export business.

Intel is preparing to lay off up to 20% of its global factory workforce, a sweeping restructuring within its foundry division that marks one of the deepest cuts in the company's history. The layoffs, largely effective in July 2025, are driven by affordability challenges and a strategic shift under CEO Lip-Bu Tan to create a leaner, more focused company. This move signals a dramatic rethinking of Intel's manufacturing footprint, impacting hundreds of employees at its critical Kiryat Gat plant in Israel, which employs around 4,000 people. The semiconductor giant, which employs 9,350 people in Israel overall, is undertaking this difficult action to address its current financial position and future competitiveness.

Salto, an Israeli startup backed by Accel, Salesforce, and others, has laid off 30 employees, representing about 50% of its workforce, as part of a major restructuring announced in June 2025. The company, which had raised approximately $70 million, is shifting its focus to the cybersecurity market. While half of the remaining staff will maintain its existing product for configuring business applications, the rest are developing a new cybersecurity offering under a fresh brand. This pivot aims to leverage Salto's core technology to address critical security challenges, signaling a strategic redirection for the firm founded by experienced entrepreneurs Rami Tamir, Benny Schnaider, and Gil Hoffer.

ZoomInfo laid off 150 employees representing approximately 4% of its workforce on 2025-06-09.

Mobile gaming company Playtika has laid off approximately 90 employees, affecting teams in Israel and Poland. This workforce reduction, announced in early June 2025, primarily targets the development teams for the underperforming games Best Fiends and Redecor. The cuts are a direct response to slumping revenues from these titles; for instance, Best Fiends' monthly revenue fell sharply from $8 million to about $3 million over a three-year period. This follows a recent round of layoffs at its subsidiary Wooga. Despite reporting record quarterly revenue of $706 million, the company's net profit fell by 42%, indicating significant margin pressures. Playtika, a publicly traded company on Nasdaq valued around $1.83 billion, continues to navigate challenges in integrating past acquisitions and revitalizing key game franchises.

Airtime, a video startup founded by Evernote's Phil Libin, laid off 25 employees from its 58-person team in early June 2025, reducing its workforce by approximately 43%. The company framed the cuts as part of its established "seasonal" employment model, where staff are evaluated roughly every six months. However, sources indicated surprise, as many employees believed the startup was planning to raise funds and had been told no layoffs were imminent. Operating in the video communication software industry, Airtime, which rebranded from mmhmm, introduced this seasonal structure in late 2022 after earlier layoffs, aiming to provide more predictable transitions. Despite this intention, the recent reduction was described as larger than usual, reflecting ongoing challenges in achieving product-market fit.

Microsoft laid off 305 employees representing approximately 3% of its workforce on 2025-06-02.

Hims & Hers laid off 68 employees representing approximately 4% of its workforce on 2025-05-30.