January 2024
Thinx
Will lay off 95 workers in New York City, according to a filing with the New York Department of Labor.
Proofpoint
Is laying off about 6% of its global workforce, or 280 employees, the company confirmed to TechCrunch.
Wattpad
Conducted another round of layoffs earlier this month, amounting to roughly 15% of its workforce, a source familiar with the situation told TechCrunch.
Block
Is reportedly laying off around 1,000 people in the Cash App, foundational and Square arms of Block.
PayPal
Has reportedly begun company-wide layoffs. While it is unclear how many people will be affected, one source told TechCrunch it was expected to be in the “thousands.”
Aurora Solar
Has laid off 20% of its staff of about 1,000 people, TechCrunch exclusively learned. The cuts to the software startup come despite record growth in the solar industry last year.