TechnologyAug 19, 2024
Ranking the Biggest Tech Layoffs in 2024 So Far 💻
What We’re Showing
A bar chart ranking the 2024’s biggest tech layoffs by the number of workers affected in each company. Data as of August 15th, sourced from Layoffs.fyi.
Key Takeaways
- Internal sources at Dell say the company is cutting 20,000+ jobs this year in an AI-oriented restructuring.
- This could be the company’s largest layoffs in history and will come after the 6,000 jobs they cut in March.
What’s Happening at Intel?
Business headwinds have prompted massive layoffs at Intel as well. The company's foundry business is struggling, with nearly $7 billion in operating losses in 2023. It's also lost key clients (Apple and Microsoft) in the PC business and hasn't yet made a splash in the graphics segment.
Dataset
Rank | Company | # of Employees | % of Company |
---|---|---|---|
1 | Dell | 26,000 | 20 |
2 | Intel | 15,000 | 15 |
3 | Tesla | 14,500 | 10 |
4 | Cisco | 10,150 | 12 |
5 | SAP | 8,000 | 7 |
6 | Toshiba | 4,000 | N/A |
7 | Paytm | 3,500 | N/A |
8 | Getir | 3,300 | N/A |
9 | PayPal | 2,585 | N/A |
10 | UKG | 2,200 | 14 |
Data sources
As of August 15th, 2024. Figures rounded.
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