13 tech companies that have cut the most jobs in 2024 (2024)

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13 tech companies that have cut the most jobs in 2024? ›

Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.

Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.

Amazon Layoffs 2024: What to Know About the Latest Customer Service Job Cuts. Amazon (AMZN) layoffs are coming for 100 customer service employees. That includes those in the U.S. and India. The job cuts affect those in middle management.

More layoffs are coming in 2024

In January, CEO Sundar Pichai warned of more Google layoffs in 2024. The upcoming cuts, he said in an internal memo to employees, are about "removing layers to simplify execution and drive velocity in some areas." The "role eliminations" would not reach the same scale as 2023.

Apple's WARN notices were filed on March 28, 2024, and have an effective date of May 27, 2024. The notices state that the layoffs are permanent and they will impact 614 employees across eight different Apple locations in Santa Clara, California.

The tech industry is leading the way when it comes to layoffs, though firings are economy-wide. The workers who feel most at risk include those in product management, quality assurance, marketing, finance and IT roles.

Weak sales of personal computers prompted Dell executives to announce job cuts at the start of 2023, initially targeting approximately 6,650 roles. However, the number of job eliminations throughout fiscal 2024 was nearly twice as many.

The latest layoff plan would affect employees at Tesla's facilities in Palo Alto and Fremont, California, and will start during the 14-day period beginning on June 20, 2024, Tesla said in its Worker Adjustment and Retraining Notification (WARN).

Verizon filed 55 WARN layoff notices from Nov 2000 to Jan 2024 in Alabama, Arizona, California, Colorado, Connecticut, Georgia, Iowa, Illinois, Kansas, Kentucky, Louisiana, Maryland, Nebraska, New Jersey, New Mexico, New York, Ohio, Oregon, South Carolina, Tennessee, Texas, Virginia and Washington.

The reason behind Google's decision to lay off its Python team is part of a broader strategy to reduce costs by hiring less expensive labor outside the United States. This move is seen as a cost-cutting measure aimed at optimizing Google's workforce according to current business needs and technological advancements.

What do Apple employees get after 10 years? ›

At Apple, employees who've stayed at least 10 years get a hefty square hunk of aluminum with a huge stainless steel Apple logo on it, a polishing cloth, and a signed note from CEO Tim Cook, according to photos and unboxing videos showing the award.

The cuts were reported in a Worker Adjustment and Retraining Notification, or WARN, Act filing that CNBC obtained through a public records request. Facing both weakening demand for Tesla electric vehicles and increased competition, the company has been slashing its headcount since at least January.

The Macintosh launched the desktop publishing industry in 1985 with the addition of the Apple LaserWriter, the first laser printer to feature vector graphics and PostScript. In 1985, Jobs departed Apple after a long power struggle with the company's board and its then-CEO, John Sculley.

FedEx is shuttering four facilities in southwestern Florida in 2024, according to Worker Adjustment and Retraining Notification (WARN) Act notices filed on April 17. The four closures will result in the layoff of 220 couriers and eight managers.

Disney's Pixar has cut 175 jobs, or 14% of its workforce, Bloomberg reports. Spirit AeroSystems, a key Boeing supplier, is cutting 450 jobs at a Kansas factory due to slowing jet deliveries, Bloomberg writes. GoPuff is laying off 6% of its workforce in its fifth round of job cuts since 2022, The Information reports.

The sportswear giant "will be permanently reducing its workforce at its World Headquarters" in a "second phase of impacts" that would begin by June 28, wrote Nike vice president Michele Adams in the notice, first reported by Reuters and Oregon Public Broadcasting.