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Tech layoffs in 2024: A timeline

Technology companies have continued to lay off staff in 2024, despite improving fundamentals. Here's an updated timeline of notable layoffs, and reasons why Big Tech is in turmoil.

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Year-Ender 2023: Byju s, Meesho and Udaan on list of Indian firms that handed pink slips; here are the reasons

Layoffs in 2023: As the sun sets on 2023, a stark reality hangs heavy over the Indian tech landscape - downsizing. Over 15,000 employees across nearly 100 startups were handed pink slips this year, a chilling echo of a prolonged funding winter and challenging global conditions.

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ShareChat lays off 200 employees to streamline costs

ShareChat lays off 200 employees to streamline costs
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Tiger Global-backed Koo lays off 30% of its workforce in a year

Tiger Global-backed Koo, an Indian alternative to Twitter, has laid off 30 per cent of its workforce of 260 employees in the last year as the budding firm, like many other start-ups in the country, battles global headwinds. It s important for businesses of all sizes to adopt efficient and conservative approaches to see this period through. In line with this, we have acted on some role redundancies by letting go of 30 per cent of our workforce over the course of the year, said a Koo spokesperson.

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Tech layoffs in 2023: A timeline

So far in 2023, technology companies have laid off more employees than in any other month since the pandemic started. Here's an updated timeline of the more notable layoffs, and the reasons why Big Tech is in turmoil.

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