This is a list of tech companies that have undergone layoffs in 2024. Here are some of the key points:
Number of Layoffs
- Flexe eliminated 38% of its staff (Jan 8)
- NuScale laid off 28% of its staff (154 workers) (Jan 8)
- Orca Security is laying off roughly 15% of its staff (60 employees)
Reasons for Layoffs
- Economic shifts
- Shift in focus to key strategic areas
Companies Impacted
- Flexe: Online retail logistics company
- NuScale: Small modular nuclear reactor company
- Orca Security: Israel-based unicorn that uses computer vision for retailers
Other Notable Layoffs
- Frontdesk laid off its entire 200-person workforce (Jan 2)
- Pitch laid off two-thirds of its employees
- BenchSci cut 17% of its workforce (Jan 8)
Note that this is not an exhaustive list and there may be other tech companies that have undergone layoffs in 2024.
