Phantom Auto
Is shutting down after failing to secure new funding, TechCrunch has learned. The remote driving startup, which had cut staff last year, employed a little more than 100 people.
IBM
Is reportedly slashing its marketing and communications staff. The company previously announced a strategy to replace upwards of 8,000 jobs with AI.
Inscribe.ai
Cut just under 40% of its staff, equating to dozens of employees, the company confirmed to TechCrunch.
Turnitin
Laid off around 15 people earlier this year, following comments from CEO Chris Caren that the company would be able to reduce 20% of its headcount thanks to AI.
Sorare
Laid off 13% of its staff based in its New York office as the web3 fantasy sports platform focuses on its Paris headquarters, a source familiar with the matter told TechCrunch.
Melio
Is eliminating roughly 7% of its workforce as part of organizational restructuring. The fintech unicorn last conducted layoffs in August 2022.