In 2025, there seems to be a significant wave of layoffs in the tech sector that has already impacted thousands of employees.
Although businesses started the year optimistic about AI and innovation, they are now concentrating on cost-cutting and profit-restructuring.
23,382 People Laid Off By 89 Businesses in 2025
In an effort to streamline operations, major corporations such as Amazon, Intel, Volkswagen, Meta, Google, TikTok, Microsoft, Dell, and Porsche have all announced job cuts.
Layoffs is a website that tracks layoffs. For your information, 89 businesses have already let go of 23,382 workers in 2025.
In 2024, 1,52,472 workers were let go by 549 companies. The largest layoffs ever documented occurred in 2023, when 1,193 businesses let go of 2,64,220 workers.
TechCrunch reported that 6,003 workers were let go in January 2025.
Tech companies laid off 16,084 employees in February 2025, which is almost three times as many as in January.
New layoffs started in March 2025, affecting hundreds more workers.
Specific company layoffs in 2025
- Otorio laid off 45 employees after its acquisition by Armis for $120 million.
- Brightcove, a Boston-based streaming platform, cut 198 jobs — two-thirds of its workforce — after being acquired by Bending Spoons.
- HelloFresh laid off 273 employees and closed its Grand Prairie center in Texas.
- HP (Hewlett Packard) announced 2,500 layoffs in a new round this month.
- TikTok laid off 300 employees from its Irish operations.
- Wayfair, the e-commerce company, laid off 340 employees this year.
- Ola Electric, a leading Indian EV company, cut 3,000 jobs.
- Amazon plans to lay off up to 14,000 employees globally in early 2025 to save billions and reduce hiring.
- ActiveFrence laid off 22 employees, or 7% of its staff.
- NASA is shutting multiple offices and laying off staff, reportedly due to compliance issues involving Elon Musk’s DOGE.
The tech sector has faced significant challenges in 2025, with 74 companies laying off 18,397 workers due to economic difficulties, overhiring during the pandemic boom, and shifting corporate priorities. Notably, industry giants like Meta and HP have been at the forefront of these layoffs. Meta, the parent company of Facebook, Instagram, and WhatsApp, announced the reduction of around 3,600 employees, about 5% of its workforce, as part of its restructuring to focus on AI and virtual reality.
