PubMatic
Eliminated 1% of its total workforce, impacting roughly more than a dozen employees, as it reportedly pivots its business to connected-TV advertising.

Tome
Has laid off nearly a third of its employees in a “resetting” attempt for the company. It’s the second layoff round for the AI startup in 2024.

Alma
Has laid off 9% of its total workforce, impacting most departments, as it aims for “long-term sustainability.”

Flexport
Is reducing its headcount by about 2%. It’s the second layoff round for Flexport this year, where the company cut 20% of its staff in January.

FreshBooks
Let go of 140 employees across all of its teams as it aims to reach profitability, CEO Mara Reiff announced in a blog post.

September 2024
Shein
Has cut 17 employees in Singapore as the company prepares for an IPO at the London Stock Exchange.