Tech layoffs August 2026 update: Apple, TikTok, LinkedIn, Netflix join the list of companies slashing jobs
August is quickly coming to a close, but it appears to be ending the way it began : with mass layoffs at some of the biggest tech companies on the planet. Here’s the latest roundup of recent job cuts from some of the most prominent tech players in the industry. Apple slashes positions on Siri and Vision Pro teams Of all the tech layoffs this month so far, the recent job cuts at Apple seem to have…
As August draws to a close, it has once again been marked by significant tech layoffs across major companies. Apple, TikTok, LinkedIn, and Netflix have all announced job cuts this month, with Apple's announcement drawing the most attention.
Apple has announced the reduction of over 200 employees, including those from its Vision Pro and Siri teams. The Vision Pro, Apple's first major augmented reality product since 2014, has struggled to gain traction among customers. Apple stated that while the cuts will impact some existing roles, it will also create new positions to accommodate the changes. The company expressed gratitude to the affected employees for their contributions and committed to supporting them during their transition.
TikTok, on the other hand, has initiated its second round of August layoffs, affecting around 75 employees in the Seattle area. The company cited restructures to its operations as the reason for these cuts, which mainly impact teams responsible for e-commerce. TikTok offered affected employees the chance to apply for other roles within the company.
Netflix, known for its video streaming services, has also begun to cut jobs by closing down two of its game studios. Los Angeles-based Night School Studio and Helsinki-based Moonloot, responsible for popular games such as Oxenfree, will be closing their doors. Netflix stated that this decision is part of a broader organizational restructuring to prioritize its focus and resources.
Lastly, LinkedIn, a well-known job-search platform, has announced the closure of its research and development operations in Israel, specifically impacting 50 employees. The reason for this decision is unclear, but it is believed that LinkedIn is consolidating its efforts in the area.
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