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TECHNOLOGY LAYOFFS 2024
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-d...
- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
- Quote of the Day by Amal Clooney: ‘As women, we may not be a minority, but there is a bond that we all share; it is...’ - What the Lebanese-British human rights advocate understood about the struggles of womenQuote of the Day by Amal Clooney highlights a universal bond among women, transcending geography, religion, and culture. It focused on shar...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Why US stock market Dow Jones, S&P 500 and Nasdaq are surging big today: Dow jumps 350 points, Nasdaq jumps 250 points as Intel hits all-time high driving the rallyUS stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Ave...
- AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
- Remember Twitter's CEO fired by Elon Musk? Parag Agrawal just built a $2 billion empire from scratchFormer Twitter CEO Parag Agrawal's new company, Parallel Web Systems, has secured $100 million in funding. This investment values the start...
- Starbucks layoffs: Tech unit hit amid major turnaround effortStarbucks is cutting jobs in its technology division. This move is part of a larger restructuring plan. Some Seattle tech roles will move t...
- Starbucks layoffs hit tech teams amid restructuring pushStarbucks is reportedly laying off staff from its technology departments. This move is part of a larger restructuring plan by new CEO Brian...
- Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- 'Stop hiring humans'? Silicon Valley confronts AI job panicAI experts at HumanX conference advise workers to code smarter and embrace human skills. Companies are increasingly citing AI for job cuts,...
- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- AI drives Indian IT companies to cut US jobsIndian IT firms are increasing job cuts in the US, with layoffs expected to accelerate due to AI's growing influence and slowing deal-makin...
- X layoffs explained: Which employees are affected by X job cuts, and why were they fired? Here's what is X Money and why it mattersX layoffs explained details how X cut more than 20 nontechnical roles and removed chief marketing officer Angela Zepeda as part of a restru...
- Could the surge of HMPV virus trigger job market layoffs in the US?Amid rising concerns over the Human Metapneumovirus (HMPV), fears about job security have escalated, especially as the global economy navig...
- Tech layoffs in 2024: The year that saw big tech job cuts surgeIndustry giants such as Microsoft, Google and Apple were at the forefront of this trend. Google reduced top management roles by 10% as part...
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