Upstart Layoffs 2024. For the tech industry that has seen quite a bit of upheaval in the last two years, 2024 seems to be a continuation of a mix of earlier factors at play. Though the layoffs will lead to a financial hit of roughly $15 million, which includes severance costs, upstart said it expects to realize $57 million in savings over.

Investors should focus on the improving upstart balance sheet and operational discipline. With today’s news comes upstart layoffs.