Aurora
Laid off dozens of workers, according to sources familiar with the decision. The autonomous vehicle technology company has since confirmed that about 3% of its workforce has been laid off.
eBay
Will lay off 9% of the company’s workforce, affecting about 1,000 full-time employees. In a blog post, the company also plans to cut contract roles in the coming months.
SAP
Announced it intends to offer voluntary buyouts or job changes to 8,000 employees amid restructuring.
Brex
Laid off 20% of its staff, affecting 282 workers. In a blog post, Co-CEO Pedro Franceschi said that the company is prioritizing “long-term thinking and ownership over short-term gains in our comp structure.”
TikTok
Eliminated around 60 jobs across the U.S. in Los Angeles, New York, and Austin in addition to layoffs in international markets. The affected roles, according to NPR’s initial reporting, are largely in sales and advertising.