Tech layoffs cross 70,000 in April 2024: Google, Apple, Intel, Amazon and these companies cut hundreds of jobs.

Tech layoffs cross 70,000 in April 2024: Google, Apple, Intel, Amazon and these companies cut hundreds of jobs.


A wave of massive layoffs hit some of the world’s biggest companies in April 2024, including tech giants Tesla, GoogleAnd Apple Thousands of jobs were forced to be cut. So far this year, more than 70,000 people have lost their jobs in the tech sector.

Apple laid off more than 600 employees

Apple laid off 614 employees, the first major job cuts since the pandemic began. The affected employees were said to be part of Apple’s special projects group, some of whom were working on the now-canceled self-driving car project. Sources suggest that this number could be even higher, as some employees working in foreign locations have also lost their jobs. ,

Google lays off “a number” of employees across Python, Flutter and Dart teams

Google laid off “a number” of employees across teams, including those working on Python, Flutter, and Dart. A Google spokesperson said the job cuts are part of a restructuring, and affected employees have the option to apply for other open roles within the company.

Amazon cuts hundreds of roles in its cloud division

Amazon Apple Inc. is cutting hundreds of jobs in its cloud computing division, affecting sales, marketing and technology teams for brick-and-mortar stores. The layoffs are part of the company’s effort to streamline targeted areas and focus on core business objectives.

Intel laid off more than 50 employees from its headquarters

intel has confirmed that it is laying off approximately 62 employees from its headquarters in Santa Clara, California. The company launched a new round of layoffs in the sales and marketing group as part of a restructuring led by Christoph Schell.

Google’s real estate and finance departments have been hit by job cuts

Employees across several Google teams, including its real estate and finance departments, were hit by a separate layoff last month as it slashed its costs. Affected employees can apply for other internal roles. Some roles will move to hubs the company is investing in, including India, Chicago, Atlanta and Dublin.

Amazon cuts hundreds of jobs in AWS teams

Amazon Web Services (AWS) cut several hundred jobs in April, including employees in sales, marketing, and technical roles. The job cuts at AWS are the latest in a series of job cuts by its parent company, Amazon.com. Amazon’s cloud-computing arm said the affected employees include a few hundred employees in AWS’s sales, marketing and global services division and the physical store technology team.
“We have identified some targeted areas of the organization that we need to streamline,” an AWS spokesperson told Reuters in an email.

Byjus laid off 500 employees

Edtech company Byju’s laid off around 500 employees, about 3% of its workforce, due to funding crunch and unrest among investors. The layoffs affect sales, marketing and teaching roles as part of the ongoing restructuring. In 2023, the company fired 4,500 employees.

Tesla lays off thousands of people as it struggles with weak sales

Electric vehicle maker Tesla, owned by Elon Musk, fired thousands of employees across several divisions. The layoffs aim to reduce Tesla’s global workforce by about 10% as the company tries to rein in costs amid weak sales and increasing price competition.

Ola Cabs cuts 200 jobs, CEO resigns

Hailstone Cabs is laying off about 10% of its workforce, or 200 employees. Ola Cabs CEO Hemant Bakshi resigned just four months after taking over the position. After Bakshi’s departure, Bhavesh Aggarwal, one of the co-founders of Ola, will take over the day-to-day operations.

Healthify lays off 27% of employees in restructuring

Bengaluru-based health tech startup Healthify laid off 150 employees, about 27% of its workforce, in a restructuring process. The layoffs primarily affected sales and product teams. CEO Tushar Vashisht confirmed the layoffs, saying the restructuring is aimed at making the Indian business profitable and expanding into the US market.

Whirlpool laid off 1,000 employees

Home appliance maker Whirlpool laid off about 1,000 salaried employees globally as part of its cost-cutting efforts. The move is expected to save up to $400 million in costs this year. It had about 59,000 employees globally last year and is expected to incur a restructuring charge of about $50 million in 2024, according to the company’s annual filing.

GTA publisher fires 5% of its staff

Take-Two Interactive, the publisher of GTA 6, is laying off about 5% of its workforce and canceling several projects in development. Previously, the company had completed the process of “right-sizing” its business and acquired Gearbox from Embracer Group, confirming that a new Borderlands game was in development.

Telenor laid off 100 employees from its headquarters

Norway-based telecommunications company Telenor has announced that it is laying off 100 employees at its Norwegian unit as part of a restructuring and significantly reducing the number of temporary staff and consultants. The company has also revealed that it will be closing a call center in the city of Rorvik.




Comments

No comments yet. Why don’t you start the discussion?

    Leave a Reply

    Your email address will not be published. Required fields are marked *