Despite being less than two weeks into 2024, we have already seen an unprecedented number of layoffs across the tech sector already this year.

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Announced staff reductions include:

January 2, 2024

Short-term rental provider Frontdesk lays off entire staff, on the verge of shutting down (via TechCrunch)

January 7, 2024

Channel 4 plans deepest job cuts in over 15 years after TV ad slump (via the Guardian)

January 8, 2024

BenchSci trims headcount citing generative AI, economic conditions (via BetaKit)

Exclusive: Unity Software to cut 25% of staff in ‘company reset’ continuation (via Reuters)

Layoffs Loom at NASA After Termination of Over 100 Contractors Amid Mars Budget Constraints (via Gizmodo)

January 9, 2024

Amazon’s Twitch to Cut 500 Employees, About 35% of Staff (via Bloomberg)

Treasure Financial lays off staff just months after reporting ‘explosive growth’ (via TechCrunch)

Humane lays off 4 percent of employees before releasing its AI Pin (via The Verge)

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January 10, 2024

Amazon to Lay Off Several Hundred Prime Video, Studios Employees (via The Information)

January 11, 2024

Google reorganizing Pixel hardware: Fitbit’s James Park leaving, layoffs hit AR team (via 9to5Google)

Hallmark Media Layoffs: Company Cuts Executive Jobs To “Strengthen Our Focus” (via Deadline)

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Hopefully this trend slows as soon as possible. CanTechNews.ca will continue to report and update on these announcements as they happen.

https://cantechnews.ca/2024/01/11/tech-industry-sees-unprecedented-wave-of-layoffs-over-first-11-days-of-2024/

#Amazon #BenchSci #Channel4 #Fitbit #Frontdesk #Google #Hallmark #Humane #NASA #TreasureFinancial #Twitch #Unity

There have been an unprecedented number of layoffs across the tech sector already this year, and as such, CanTechNews.ca will be tracking these headlines as they are announced.

Did we miss any? Contact us at [email protected].

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Announced staff reductions so far this year include:

January 2, 2024

Short-term rental provider Frontdesk lays off entire staff, on the verge of shutting down (via TechCrunch)

January 7, 2024

Channel 4 plans deepest job cuts in over 15 years after TV ad slump (via the Guardian)

January 8, 2024

BenchSci trims headcount citing generative AI, economic conditions (via BetaKit)

Exclusive: Unity Software to cut 25% of staff in ‘company reset’ continuation (via Reuters)

Layoffs Loom at NASA After Termination of Over 100 Contractors Amid Mars Budget Constraints (via Gizmodo)

January 9, 2024

Amazon’s Twitch to Cut 500 Employees, About 35% of Staff (via Bloomberg)

Treasure Financial lays off staff just months after reporting ‘explosive growth’ (via TechCrunch)

Humane lays off 4 percent of employees before releasing its AI Pin (via The Verge)

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January 10, 2024

Amazon to Lay Off Several Hundred Prime Video, Studios Employees (via The Information)

January 11, 2024

Google reorganizing Pixel hardware: Fitbit’s James Park leaving, layoffs hit AR team (via 9to5Google)

Hallmark Media Layoffs: Company Cuts Executive Jobs To “Strengthen Our Focus” (via Deadline)

Audible Lays Off Over 100 Employees, About 5% of Workforce, Amid Broader Amazon Cutbacks (via Variety)

Discord is laying off 17 percent of employees (via The Verge)

January 12, 2024

Instagram Sharpens Focus on Creators Who Drive Teen Engagement (via The Information)

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Hopefully this trend slows as soon as possible. CanTechNews.ca will continue to report and update on these announcements as they happen.

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UPDATES:

This article was updated Jan. 11 @ 4:20 p.m. EST to add the story on Audible layoffs.

This article was updated Jan. 11 @ 4:32 p.m. EST to add the story on Discord layoffs.

This article was updated Jan. 12 @ 4:57 p.m. EST to add the story on Discord layoffs and to update the headline and introduction of the article, as we’ll continue to update this from now on as news breaks.

https://cantechnews.ca/2024/01/11/tracking-all-the-tech-related-layoffs-thus-far-in-2024/

#Amazon #BenchSci #Channel4 #Discord #Fitbit #Frontdesk #Google #Hallmark #Humane #Instagram #Meta #NASA #TreasureFinancial #Twitch #Unity