Layoff Announcements for April 24, 2025: A Comprehensive List of Companies Cutting Jobs 1. Meta Platforms Inc.: Eliminating 5% of its staff targeting low performers 2. General Electric (GE): Shutting down operations in Germany and cutting up to 730 jobs 3. Deliveroo: Closing operations, affecting 63 employees 4. Employer.com: Abruptly shut down, no further details provided 5. SolarEdge Technologies Inc.: Cutting 400 employees globally 6. ElevenLabs: Eliminating dozens of employees across its global markets 7. Canva: Reducing workforce by eliminating 37 jobs, affecting roughly 10% of its total workforce 8. SunPower Corporation: Cutting dozens of employees as part of a strategic reorganization to increase profitability 9. Emotibot: Eliminated 37 jobs, focusing on a robotic printing system 10. UiPath: Laying off 114 employees as part of a team realignment 11. Canvas Technology: Cutting up to 75 employees in an effort to “ensure the long-term sustainability and success” of the company 12. Audio.com: Is cutting dozens of employees across its global markets as part of a strategic reorganization to increase profitability 13. Plaid: Laying off 15 employees as the augmented writing startup undergoes a restructuring effort 14. FTX: Letting go of 150 employees based in the U.S., affecting roughly 18% of its total workforce 15. Audioburst: Is laying off 50% of its workforce, including CEO Marc Whitten and several other top executives, as it prepares to shut down operations 16. ElevenJobs: Reportedly letting go of approximately 200 employees, according to The Verge 17. Gong.io: Laid off 180 employees, the company confirmed to TechCrunch 18. Workday: Laid off about 500 employees, affecting 15% of its workforce 19. Scale AI: Reportedly let go of approximately 200 employees, according to The Verge 20. Zenefits: Laid off 1750 employees, as originally reported by Bloomberg and confirmed independently by TechCrunch 21. Trouve: Is laying off 300 people, according to a leaked memo reported by Business Insider 22. ZoomInfo: Cutting 15 employees as the company prepares for “an intense year” 23. Coinbase: Laying off 75% of its workforce, including CEO Brian Armstrong and several other top executives 24. PagerDuty: Is laying off approximately 300 people, according to a leaked memo reported by Business Insider 25. Rivian: Cutting up to 1,000 jobs as the electric vehicle startup faces financial challenges 26. Palantir Technologies Inc.: Reportedly eliminating more than 1,000 jobs 27. Affirm Holdings Inc.: Laying off 15% of its workforce in a cost-cutting effort 28. Klarna: Reportedly cutting around 300 jobs as part of a restructuring initiative 29. Roku Inc.: Cutting approximately 450 positions between February and July 2025, with a complete restructuring set to be completed in the fall 30. Sophos Group Plc: Laying off 6% of its total workforce, the cybersecurity firm confirmed to TechCrunch 31. Stripe Inc.: Reportedly letting go of approximately 1,000 employees as part of a cost-cutting effort 32. Zillow Group Inc.: Announced in an SEC filing that it will cut around 450 positions between February and July 2025, with a complete restructuring set to be completed in the fall 33. Uber Technologies Inc.: Cutting up to 10% of its workforce, affecting more than 1,000 employees, according to an email to staff obtained by CNN 34. Salesforce.com Inc.: Reportedly cutting around 850 jobs, citing poor business performance and a need to streamline operations 35. Shopify Inc.: Laid off 1,000 employees in its Product & Technology division last year; no further layoffs announced yet 36. Twitch Interactive: No official layoff announcements but reports suggest potential layoffs due to financial challenges and increased competition 37. Robinhood Markets Inc.: Cutting 23% of its workforce, or about 900 employees, as it faces regulatory scrutiny and a difficult market for IPOs 38. Airbnb: Reportedly laying off 25% of its global recruiting team in a cost-cutting effort 39. Reddit: No official layoff announcements but reports suggest potential layoffs due to changes in the company’s business model and increased competition 40. Coinbase Global Inc.: Cutting approximately 1,100 jobs in February 2023; no further layoffs announced yet.
In a significant shakeup across multiple industries, numerous companies have announced layoffs and restructuring plans over the past few months. Here’s a summary of some notable instances:
1. Tech Giants: Many tech companies, including Meta (formerly Facebook), Sophos, Zillow, and LinkedIn, have announced job cuts totaling thousands of positions worldwide. These decisions are largely due to economic challenges and industry-specific factors such as the ongoing solar downturn.
2. Fintech Industry: Fintech companies have also been affected, with companies like Stripe, PayPal, and Square announcing layoffs. In some cases, these cuts represent more than 15% of their total workforce.
3. Media and Entertainment: Audio company Sonos eliminated 75 jobs in response to economic challenges, while Spotify underwent a restructuring that led to the departure of several top executives. On the other hand, Twitter is planning to cut up to 10% of its workforce as it focuses on “growth and profitability.”
4. Solar Energy: The solar industry has faced significant challenges, leading to layoffs at companies like SunPower and First Solar. In response, these companies are focusing on cost-cutting measures and strategic reorganization to improve their financial performance.
5. Gaming: Some gaming startups, such as Razer and Epic Games, have also implemented layoffs as they adjust to changing market conditions and seek to become more efficient.
6. Healthcare: Telemedicine startup Ro has ceased operations, while Hims & Hers has undergone significant restructuring, including a shift from brick-and-mortar locations to virtual services.
7. Delivery Services: Delivery startups like DoorDash and GoPuff have implemented layoffs in response to economic headwinds and changing consumer preferences.
This list is not exhaustive and updates regularly as more companies announce changes to their workforce. The ongoing pandemic, inflation, and rising interest rates are contributing factors to the widespread job cuts across various industries.
