Apple Cuts 200 Jobs, TikTok Loses 75, Netflix Shuts Studios
Apple, TikTok and Netflix announced recent layoffs and closures, with Apple reducing 200 roles in Vision and Siri, TikTok cutting 75 employees in Seattle, and Netflix shutting down Night School Studio and planning to close Moonloot. The Crunchbase Tech Layoffs Tracker reports 410 U.S. tech jobs cut in the week ending Aug. 26, 2026, and provides a year-by-year comparison of layoffs from 2022 to 2026.
Apple and TikTok Layoffs
Apple announced the elimination of about 200 positions from its Apple Vision and Siri teams, citing financial strain from immersive video production and AI integration changes. TikTok, the Singapore- and Los Angeles-based short-form video platform, is cutting 75 workers, mainly from its TikTok Shop and global e-commerce divisions, according to GeekWire.
Netflix Studio Closures
Netflix is shutting down its Los Angeles-based Night School Studio and plans to close the Helsinki-based Moonloot studio to focus on games for kids, parties and mainstream audiences. The number of Los Angeles employees affected remains unclear.
Other Tech Shutdowns
Relay, a San Francisco-based workflow automation tool, will stop providing access to its app on Sept. 14, as reported by TechCrunch. Founder and CEO Jacob Bank and other affected staff will join Google’s Chrome team. BlocPower, a Brooklyn-based energy-tech startup, has announced it is liquidating its assets and shutting down, per a Latitude Media report.
Weekly Layoff Totals
The Crunchbase News tally shows at least 410 U.S. tech sector employees were laid off or scheduled for layoffs in the week ending Aug. 26, 2026. For broader context, the tracker lists yearly totals:
| Year | Total U.S. Tech Layoffs |
|---|---|
| 2026 | 410 (week ending Aug. 26) |
| 2025 | 127,000 |
| 2024 | 95,667 |
| 2023 | 191,000 |
| 2022 | 93,000 |
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Methodology and FAQ Highlights
The tracker includes layoffs by U.S.-based companies or those with a strong U.S. presence, updated at least bi-weekly. It sources data from media reports, social media posts and the crowdsourced layoffs.fyi database. When headcount cannot be confirmed, the tracker notes it as "unclear." The methodology section explains that layoffs are best estimates based on reporting.
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The FAQ section explains that tech layoffs began to surge in 2022 and continued through 2024, driven by over-hiring during the pandemic, slowing sales, and falling venture capital. It notes that large employers such as Alphabet and Microsoft have cut thousands of roles, while startups often lay off staff to preserve cash reserves. The FAQ also warns that signs of potential layoffs include hiring freezes, financial red flags, team restructuring, and increased internal communication about cost cuts.
The tracker’s most recent update reflects the latest round of layoffs each company has conducted, allowing for more accurate trend tracking. The last reported concrete detail is that the number of Los Angeles workers affected by Netflix’s studio closures remains unclear.
