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US Companies With Job Cuts In 2024 And 2025

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Microsoft Layoffs Surge And Rivian Rejoins The Tracker After A Year-Plus Respite

Mass layoffs in the U.S. tech sector continued in recent weeks, with Big Tech once again leading the way.

Topping this week’s tracker by sheer number of affected workers is Redmond, Washington-based Microsoft. The company plans to trim its workforce — reportedly via the sales and Xbox teams, among others — by 9,000 workers, or about 4%, of its global staff, according to a report from CNN.

Electric vehicle manufacturer Rivian makes a return to the tracker after a year-plus layoff hiatus. Last week, the Plymouth, Michigan-based company told TechCrunch that it has let go of about 1% of its workforce, or around 140 workers, mostly in the manufacturing division. The cuts come as the company aims to improve operational efficiency for its R2 sport utility vehicle, which it will launch next year.

Venture-funding darling artificial intelligence also claimed a couple of spots on this week’s tracker.

New York’s Retrain.ai, a human resources startup that uses AI to help “employers connect the right people to the right positions” reported it has laid off 20 workers and shuttered operations as the company looks to sell its technology. Founded in 2020, the company raised a total of $34 million in four funding rounds, per Crunchbase data.

Although based in Vancouver, Klue, an AI-powered competitive enablement platform for salespeople, said it has laid off about 40% of its global workforce in an effort to reorganize itself, according to a report, to become “AI-first operationally.” It’s not clear how many of the affected employees are based in the U.S.

New additions

The following companies were added to the tracker this week:

 

Tech Layoffs: US Companies That Cut Jobs In 2022, 2023, 2024 And 2025

By the numbers

Layoffs during the week ended July 9, 2025: At least 9,245 U.S. tech sector employees were laid off or scheduled for layoffs, per a Crunchbase News tally.

In 2024: At least 95,667 workers at U.S.-based tech companies lost their jobs in 2024, according to a Crunchbase News tally.

In 2023: More than 191,000 workers in U.S.-based tech companies (or tech companies with a large U.S. workforce) were laid off in mass job cuts.

In 2022: More than 93,000 jobs were slashed from public and private tech companies in the U.S.

Companies with the biggest workforce reductions in 2024

Methodology

This tracker includes layoffs conducted by U.S.-based companies or those with a strong U.S. presence and is updated at least bi-weekly. We’ve included both startups and publicly traded, tech-heavy companies. We’ve also included companies based elsewhere that have a sizable team in the United States, such as Klarna, even when it’s unclear how much of the U.S. workforce has been affected by layoffs.

Layoff and workforce figures are best estimates based on reporting. We source the layoffs from media reports, our own reporting, social media posts and layoffs.fyi, a crowdsourced database of tech layoffs.

We recently updated our layoffs tracker to reflect the most recent round of layoffs each company has conducted. This allows us to quickly and more accurately track layoff trends, which is why you might notice some changes in our most recent numbers.

If an employee headcount cannot be confirmed to our standards, we note it as “unclear.”

Frequently Asked Questions

What is a layoff?

A layoff can be either a permanent termination of someone’s employment — usually for cost-saving reasons — or a temporary one because there’s not enough work to justify a full workforce. Tech company layoffs generally fall into the permanent category. 

A mass layoff is when a significant number of a company’s employees are cut in a short period of time, often as a result of economic conditions. 

Why are tech companies doing layoffs?

Tech layoffs started to surge in 2022 and continued in 2023 and 2024. Companies have given various reasons for conducting layoffs.

Some companies — especially those in the e-commerce sector — nearly doubled their employee headcount to meet consumer demand during the COVID-19 pandemic’s stay-at-home mandates, and later found that they were overstaffed as daily life returned to normal.

Large tech employers such as Salesforce and Google parent Alphabet noted that their post-pandemic layoffs followed several years of rapid hiring fueled by fast growth — between 2019 and 2022, some companies nearly doubled their employee headcount. Some large tech companies also cited slowing sales and fears of a recession as reasons for downsizing.

Venture-backed startups, meanwhile, also cut jobs as a way to cut costs and preserve their cash reserves, as venture funding fell significantly after the peak in 2021. Some startups that ran out of cash and couldn’t raise new funding found themselves filing for bankruptcy or shutting down.

What were the biggest tech layoffs of 2024?

Intel Corp. laid off the largest number of people among U.S. tech employers in 2024, by our count. The semiconductor giant laid off more than 15,000 employees last year.

It was followed closely by electric-car maker Tesla, which cut more than 14,000 roles, and networking company Cisco, with more than 10,000 total roles cut.

In 2023, Amazon layoffs led the numbers with 16,000 roles cut. Layoffs at Alphabet, the parent company of Google, totaled about 12,000, and Microsoft’s layoffs totaled about 10,000 workers in 2023, as did Facebook parent Meta’s layoffs.

Many venture-backed tech startups have also done layoffs as venture capital investment has fallen sharply since the peak in 2021, and falling startup valuations factor into their decisions to conduct layoffs.

Are more tech layoffs coming?

Yes, more layoffs are likely coming. While there are signs that the volume of layoffs is tapering, experts we talked to expect job cuts in the tech sector to continue for the foreseeable future as large tech companies and startups continue to battle economic headwinds.

Seed and early-stage startups in particular may continue to conduct layoffs in an attempt to extend their cash runways in a difficult venture funding environment.

Tech layoffs noticeably increased at the start of 2022, ramped up in 2023, waned somewhat in 2024 and have continued in 2025.

What are signs that a company is planning layoffs?

Signs that may indicate a company is more likely to conduct layoffs include:

  1. A hiring, payroll or promotion freeze: Payroll is the most significant cost for most technology companies and often the first place company leaders will attempt to contain costs. Companies may do this by pausing hiring for all but the most mission-critical roles and by freezing promotions and pay raises for existing employees.
  2. Red flags in the company’s financial performance: A company that’s struggling with declining revenue or profit — or simply not growing at the rate anticipated — is more likely to conduct layoffs and other cost-cutting measures. Unfortunately, employees at many private startups are not privy to detailed financial information about their employers.
  3. Restructuring teams or departments: Companies may merge or consolidate teams in an attempt to streamline operations and cut costs. The redundancies that result from these restructuring moves often lead to job cuts. Companies may also increase their reliance on outsourced teams or contractors.
  4. Increased internal communication: Frequent communication to employees from management about the company’s financial challenges, workforce optimization, the need to reduce expenses, or the need for higher productivity might indicate that layoffs are under consideration. Venture-backed startups try to manage their cash runway — the amount of time they can continue operating at their current cash burn rate without fresh capital — and may also warn employees about the need to reduce cash burn.
  5. Unexpected changes in company policy: A company that suddenly mandates that employees who have worked remotely return to a physical office may be contemplating layoffs. Often, such policies are used as rationale to shed workers who don’t comply with the new mandates. Similarly, unexpected organizational assessments or audits of employee performance outside of regularly scheduled business reviews may be precursors to layoffs. 
  6. Decreased workload or project cancellations: Other signs that a company is experiencing financial difficulties that could lead to layoffs include a noticeable reduction in workload for employees or major projects that are canceled or postponed.
  7. Other cost-cutting measures: Companies frequently pause or cancel perks and benefits including employee travel, catered meals or education or wellness stipends ahead of larger cost-cutting measures such as layoffs.

When will layoffs stop?

How many recent tech layoffs have there been?

Tech layoffs started surging in the 2022 market correction, with an estimated 93,000 U.S. tech workers laid off that year. That figure more than doubled in 2023, with around 200,000 U.S. tech employees laid off, according to our Tech Layoffs Tracker. Layoffs abated again in 2024, with around 95,000 reported tech layoffs.

Keep in mind, many companies don’t report detailed layoffs figures, and some companies continue hiring after cuts for positions deemed more beneficial to the business.

Is selling the company a good option to avoid layoffs?

What jobs are being cut in tech layoffs?

Tech layoffs have hit across departments at many companies.

Many layoffs from the large tech giants were software engineers. Startups tend to be more likely to retain engineers in favor of doing layoffs in their talent and recruiting, marketing and other departments. 

Google cut roles in its sales, recruiting, product and engineering teams. Amazon layoffs included jobs in its AWS cloud unit, at its social video platform Twitch, and in its advertising department. Meta CEO Mark Zuckerberg said the company’s recruiting department would be the first to see job cuts.

Where can I read recent tech layoff news?

Follow all of our tech layoffs news here and track which companies are cutting jobs with the layoffs tracker above.

Where can I see layoffs in the last 24 hours?

While not daily, this Crunchbase Tech Layoffs Tracker is updated weekly, if not more frequently, with the latest job cuts at U.S. tech employers. 

Which companies are hiring for open tech jobs?

Many tech companies continue to hire for open roles, despite layoffs in the sector. Find out more about Crunchbase’s Actively Hiring filter and how you can find companies with multiple open roles.

You can find all of our job market-related news here.

Can I cite the Crunchbase Tech Layoffs Tracker?



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Man tells of escape from capsized Ha Long Bay tourist boat | World News

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A man who survived the capsizing of a tour boat in Ha Long Bay has told how he escaped by swimming out through a window underwater.

Dang Anh Tuan, 36, was on holiday with 11 university friends, when the Wonder Sea overturned on a sightseeing tour during a sudden thunderstorm.

Only three of his group survived, while the nine others, including a man who was travelling with his wife and three-year-old son, were among at least 38 people killed.

Five other people remain missing from the boat, which was carrying 48 passengers and five crew members, all of whom were Vietnamese, according to state media.

Image:
People on a capsized tourist boat being rescued in Ha Long Bay, Vietnam. Pic: QDND via AP

The Wonder Sea is towed to a shipyard after capsizing. Pic: (Huy Han/AP)
Image:
The Wonder Sea is towed to a shipyard after capsizing. Pic: (Huy Han/AP)

Mr Tuan said a storm quickly covered the sky, bringing high winds and pouring rain, as the boat embarked on a three-hour trip.

He said the passengers asked for the boat to turn back to shore, but the crew reassured them they were almost at their destination and kept moving forward.

“The boat capsized in less than a minute. It rained for about 15 minutes, and then the boat started to shake vigorously, tables and chairs were jostled around and seconds later the boat overturned,” he said.

“Water gushed in and I lost all orientation. I tried to breathe. But more water came in.

“I took a deep breath, got rid of my life vest and dove down. I saw a streak of light and followed it to swim out, escaping the boat, and then I climbed on the overturned boat to look for help.”

Tourist boats cruise in Halong Bay. File pic: Reuters
Image:
Tourist boats cruise in Halong Bay. File pic: Reuters

Dang Thuy Linh's family are missing. Pic: AP
Image:
Dang Thuy Linh’s family are missing. Pic: AP

Read more from Sky News:
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Mr Tuan survived by clinging on to the capsized boat and its propellers, waiting for another two hours until the rain stopped and rescue workers arrived.

They saved 11 people, including a 14-year-old boy trapped for four hours in the overturned hull, but one survivor died in hospital, according to the VNExpress newspaper.

The newspaper said most of the passengers were tourists from Hanoi, including about 20 children, and the boat turned upside down because of strong winds.

Mr Tuan escaped with minor cuts, but one of his friends suffered multiple injuries to his head while another cut his tendons as he tried to escape the boat through a broken window.

Speaking from her hospital bed, survivor Dang Thuy Linh said her family and friends were still missing.

“There are still my husband, my child(ren), my friend and their family. I hope they will all be rescued soon,” she said.

“Don’t leave anyone in the boat. The air is running thin and hope for surviving is running out.”

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A tropical storm is also moving towards the area, with a national weather forecast predicting Storm Wipha will hit Vietnam‘s northern region next week, including Ha Long Bay’s coast.

Ha Long Bay is around 125mi (200km) north east of Hanoi and attracts tens of thousands of visitors each year.



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Tourist boat that capsized and killed at least 35 people in Vietnam towed to shipyard for investigation

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Reuters Videos

Dozens reportedly killed after Vietnam tourist boat capsizes

STORY: :: Emergency crews search for survivors after a tourist boat capsized in Vietnam’s Halong Bay:: July 19, 2025The boat, carrying 53 people, tipped over at around 2 p.m. local time, as Storm Wipha approached the country across the South China Sea. Strong winds, heavy rainfall, and lightning were reported in the area.Most of the tourists were from the capital, Hanoi, local newspaper VnExpress reported. There was no official announcement on the nationality of the tourists as emergency crews kept looking for survivors.



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Sustainable travel spaces for your next eco-friendly vacation

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Looking to explore the world without leaving a mark? These seven eco-conscious retreats across India blend luxury with sustainability, offering soulful escapes rooted in nature. From forest farms to island havens, experience indulgence that honours the Earth

Luxury travel has entered a new era—one where conscience and comfort coexist. Across India, a refined set of eco-friendly, sustainable vacations is reshaping what it means to travel well. These destinations offer not only elegance and exclusivity but also a deep reverence for the planet, the people, and the places they inhabit.

Whether nestled in forested hills, perched by pristine beaches, or hidden deep within the wilderness, these eight retreats embody the rare harmony of sustainability and sophistication. From forest sanctuaries to island escapes, here are seven eco-forward hideaways offering indulgence without impact—places where the planet thrives alongside you.

Beforest, Coorg, Karnataka – Living the earth-first lifestyle

Beforest isn’t simply a place to stay, it’s a regenerative ecosystem. Nestled in the verdant hills of Coorg, this regenerative community invites guests into an immersive, off-the-grid lifestyle. Think: permaculture gardens, solar energy, and mornings spent harvesting your organic produce. Each experience from forest bathing to barefoot farming is designed to root you deeper into the rhythms of the earth.

Swastik Wellbeing Sanctuary, Pune – Where modern wellness meets ancient wisdom

Tucked into the serene hills just outside Pune, Swastik Wellbeing Sanctuary offers a refined escape for the soul. This thoughtfully designed retreat combines sustainable architecture with the timeless principles of Vedic healing. Every element from the eco-friendly construction and solar-powered systems to the Ayurvedic treatments, guided breathwork, and nourishing sattvic food creates a space where silence is sacred and every detail is intentional. Swastik doesn’t just restore, it reawakens.

Evolve Back, Kabini, Karnataka – Rustic refinement on the riverbank

On the edge of the wild Nagarhole forest, Evolve Back Kabini redefines resort living through a tribal-inspired design that honors the land and its people. Solar-powered and sustainably built, the property offers immersive wildlife experiences, riverside relaxation, and unfiltered serenity.

Spice Village, Thekkady, Kerala – A tribute to tribal traditions

Spice Village is a celebration of indigenous wisdom and ecological integrity. Inspired by the native dwellings of the Western Ghats, this solar-powered, plastic-free retreat offers an authentic immersion into Kerala’s heritage, where every thatched cottage and spice-laden meal is a nod to tradition done consciously.

Barefoot at Havelock, Andaman – Island luxury, reimagined

Barefoot is what island luxury looks like when sustainability takes center stage. Nestled beside the famed Radhanagar Beach, the resort was built without felling a single tree. With coral restoration programs, zero-waste practices, and immersive jungle treks, it offers a refined yet respectful way to experience the Andamans.

Wildernest, Chorla Ghats – The art of off-grid opulence

Perched where three states meet, Wildernest is wild beauty distilled into a sophisticated escape. With no Wi-Fi, no artificial lights, and only nature as your soundtrack, the resort offers secluded cabins, guided eco-treks, and sweeping views that reconnect you with the rhythms of the land.

Diphlu River Lodge, Assam – Conservation in the heart of the jungle

Bordering the famed Kaziranga National Park, Diphlu River Lodge is a handcrafted ode to Assam’s wild heart. Bamboo cottages, solar lighting, and a strong conservation ethic define this luxe eco-lodge. Here, rhinos roam nearby, and luxury lies in reverent simplicity.



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