Lucid Motors
Is laying off about 400 employees, roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this year.
TikTok
Will reportedly make large cuts to its global operations and marketing teams. The amount of employees impacted is currently unknown.
Pixar
Will reportedly cut 14% of its staff, impacting 175 employees, as the company shifts its focus from original Disney+ programming back to films.
Replit
Let go of 20% of its staff as the coding startup shifts its focus to enterprise sales.
SeekOut
Cut about 30% of its total workforce. The recruiting startup that uses AI to find candidates was last valued at over $1.2 billion in January 2022.
Gopuff
Eliminated 6% of its staff in another round of layoffs as the fast-delivery startup attempts to become cash-flow positive by the end of 2024.