Business

These Mass. tech companies have laid off the most workers so far this year, according to BBJ

More than 2,700 jobs across 12 Massachusetts companies have been eliminated so far in 2024.

Wayfair signage outside one of its offices in Boston. Jonathan Wiggs / The Boston Globe, file

April 3, 2024

Just three months into the year, two Massachusetts-based tech companies alone have laid off hundreds of workers, the Boston Business Journal reports.

More than 2,700 jobs across 12 Massachusetts tech companies have been eliminated so far in 2024, according to the publication, which has been tracking tech layoffs in the Bay State.

The publicly traded firms Wayfair and Toast were responsible for the largest rounds of layoffs between January and March, according to BBJ. Wayfair announced in January it is eliminating about 1,650 jobs, with 936 employees at the company’s Boston headquarters affected, including remote roles and about 500 state residents, according to the publication.

Meanwhile, Toast said in February it is cutting about 550 workers.

The Boston booze delivery company Drizly, which announced with parent company Uber in January it was shutting down, is among the 12 Massachusetts companies seeing job losses during the early start to the year. Drizly will lay off 168 employees between April and September, according to BBJ.

Read the full report at the Boston Business Journal.