
Tech layoffs hit 100,000+ in 2025: Intel, Microsoft, Meta and these tech companies cut thousands of jobs; Here's the complete list
The technology sector's brutal workforce reduction continues into 2025, with industry giants Intel, Microsoft, Panasonic,
Google
, and
Amazon
leading a wave of layoffs that has already eliminated more than 62,000 jobs in the first half of the year. From semiconductor manufacturers to social media platforms, major tech companies are restructuring operations amid economic uncertainty and shifting business priorities, leaving tens of thousands of workers searching for new opportunities in an increasingly competitive market.
The layoffs span across all sectors of technology, affecting everyone from established hardware manufacturers like Intel planning to cut up to 21,700 positions to fintech companies like Block eliminating nearly 1,000 workers, streaming platforms downsizing staff, and even space companies like Blue Origin cutting over 1,000 employees. With artificial intelligence reshaping business models and companies focusing on operational efficiency, the human cost of technological transformation has become starkly apparent as some of the world's most valuable companies simultaneously invest billions in AI while eliminating traditional roles.
Intel plans 21,000+ job cuts in largest tech layoff in its history
Intel announced the most devastating single layoff in the tech industry for 2025, planning to eliminate more than 21,000 employees, representing roughly 20% of its total workforce. The semiconductor giant's cuts come ahead of its Q1 earnings call under newly appointed CEO Lip-Bu Tan, who took over from longtime chief Pat Gelsinger. Additionally, Intel plans to lay off 15% to 20% of workers in its Intel Foundry division starting in July, affecting the unit that designs, manufactures, and packages semiconductors for external clients. With Intel's total workforce at 108,900 people as of December 2024, these combined reductions represent one of the largest single-company layoffs in tech history.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Dermatologist Says "No Lotion On Dark Spots! Use This Household Item Instead"
Miami M.D.
Undo
Panasonic cuts 10,000 positions in global restructuring
Japanese electronics giant Panasonic announced it would cut 10,000 jobs, affecting approximately 4% of its total workforce as part of a comprehensive restructuring plan. CEO Yuki Kusumi said the cuts are designed to better prepare the century-old company for future decades, with 5,000 job losses expected in Japan and another 5,000 overseas. The company is trimming operations in non-growth areas such as televisions and industrial products to concentrate on emerging technologies, including artificial intelligence. Kusumi addressed the severity of the decision during an earnings call, stating he was "truly sorry" but emphasized that drastic cost structure cuts were necessary for the company to pursue growth.
Microsoft continues multi-phase layoff with 6,500+ job cuts
Microsoft implemented a multi-phase layoff strategy throughout 2025, first cutting over 6,500 jobs in May, affecting approximately 3% of its global workforce of 228,000 employees. The Seattle-headquartered company followed this with additional layoffs affecting software engineers, product managers, technical program managers, marketers, and legal counsels. The May cuts represent one of Microsoft's biggest layoffs since it eliminated 10,000 employees in 2023, and the company is reportedly contemplating further reductions that could happen through additional phases, with discussions about reducing middle managers and non-coding staff to increase the ratio of programmers to product managers.
Meta targets "low performers" in 5% workforce reduction
Meta announced it would cut 5% of its staff, targeting what CEO Mark Zuckerberg described as "low performers" as the company prepares for "an intense year." With more than 72,000 employees as of its latest quarterly report, the social media giant's cuts affect approximately 3,600 workers. The layoffs began in February and hit teams overseeing Facebook, the Horizon virtual reality platform, and logistics operations hardest. Meta also conducted additional layoffs in April, eliminating over 100 employees in its Reality Labs division, which manages virtual reality and wearable technology development for Meta's Quest headsets.
HP implements 2,000 job cuts under "future now" restructuring
HP announced it would eliminate up to 2,000 jobs as part of its "Future Now" restructuring plan designed to save the company $300 million before the end of its fiscal year. The cuts represent a significant portion of the computer and printer manufacturer's workforce as the company seeks to streamline operations and reduce costs. The restructuring comes as HP faces ongoing challenges in the traditional PC and printing markets, with the company pivoting toward more profitable business segments and operational efficiency improvements.
Google conducts multiple layoff rounds across key divisions
Google implemented several rounds of layoffs throughout 2025, cutting hundreds of employees across multiple divisions. The search giant eliminated 200 workers in its global business unit, which handles partnerships and sales, while also laying off hundreds of employees in its platforms and devices division covering Android, Pixel phones, and the Chrome browser. Additional cuts affected the People Operations and cloud organizations teams as part of a broader reorganization effort. Google offered a voluntary exit program to U.S.-based People Operations employees while restructuring to "drive greater collaboration and expand our ability to quickly and effectively serve customers."
Amazon continues strategic workforce reductions across multiple divisions
Amazon conducted layoffs across multiple divisions, including approximately 100 employees from its devices and services division, which encompasses the Alexa voice assistant, Echo smart speakers, Ring video doorbells, and Zoox robotaxis businesses. The e-commerce giant also laid off dozens of workers in its communications department to help the company "move faster, increase ownership, strengthen culture, and bring teams closer to customers." These cuts are part of Amazon's broader cost-reduction strategy, having reduced its workforce by approximately 27,000 employees since the start of 2022.
Blue Origin cuts 10% of workforce in space industry shakeup
Jeff Bezos's space company Blue Origin laid off about 10% of its workforce, affecting more than 1,000 employees in what represents a significant reduction in the commercial space industry. CEO David Limp said the company's priority was "to scale manufacturing output and launch cadence with speed, decisiveness and efficiency for customers." The layoffs particularly targeted roles in engineering, research and development, and management positions. Limp acknowledged that rapid growth in recent years had created "more bureaucracy and less focus than needed," necessitating organizational changes to align with execution priorities.
Salesforce eliminates over 1,000 positions despite strong performance
Cloud-based customer management software company Salesforce cut more than 1,000 jobs from its nearly 73,000-strong workforce, despite reporting strong financial performance during its third-quarter earnings. The cuts come as the company actively recruits and hires workers to sell new AI products, indicating a strategic shift rather than financial distress. Affected employees are eligible to apply for open internal roles, particularly in sales positions focused on Salesforce's artificial intelligence-powered products.
Workday reduces workforce by 8.5% in AI-focused restructuring
Human resources software company Workday cut 8.5% of its workforce, eliminating around 1,750 employees as part of a strategic focus on artificial intelligence development. CEO Carl Eschenbach said the company would concentrate hiring in AI-related areas while expanding its global presence. The layoffs came with severance packages of at least 12 weeks of pay for affected employees. Eschenbach emphasized that "the environment we're operating in today demands a new approach, particularly given our size and scale."
Nissan plans 20,000 job cuts
Japanese automaker Nissan announced the most severe cuts in the automotive sector, planning to eliminate 20,000 jobs by 2027 while reducing its factory operations from 17 to 10 facilities. The job losses include 9,000 layoffs announced late last year and come as the automaker faces challenges from US tariffs on imported vehicles and collapsing sales in China. Nissan reported a net loss of 671 billion yen ($4.5 billion) for the 2024 financial year and declined to issue an operating profit forecast for 2025 due to tariff uncertainty.
Block eliminates nearly 1,000 workers
Jack Dorsey's fintech company Block laid off nearly 1,000 employees in its second major workforce reduction in just over a year. The company, which operates Square, Afterpay, CashApp, and Tidal, eliminated 931 positions representing around 8% of its workforce. The restructuring involved transitioning nearly 200 managers into non-management roles and closing almost 800 open positions. Dorsey announced the layoffs in an internal email titled "smaller block," emphasizing that the changes were not driven by financial targets or AI replacements but were part of streamlining operations.
Cruise shuts down operations with 50% workforce elimination
General Motors' autonomous vehicle subsidiary Cruise laid off 50% of its workforce as it prepared to shut down operations entirely. The cuts included CEO Marc Whitten and several other top executives, with the remaining portions of the company moving under General Motors' direct control. The dramatic reduction represents one of the most significant failures in the autonomous vehicle sector, eliminating hundreds of jobs as the company ceased its independent operations.
Starbucks cuts 1,100 corporate employees in restructuring
Coffee giant Starbucks eliminated 1,100 corporate employees as part of a comprehensive restructuring effort led by CEO Brian Niccol. The layoffs specifically targeted corporate staff and did not affect employees working in Starbucks stores. Niccol stated in a memo that the cuts would help Starbucks "operate more efficiently, increase accountability, reduce complexity and drive better integration." The company implemented the layoffs to improve results after sales declined in the previous year.
CrowdStrike reduces global workforce by 500 employees
Cybersecurity company CrowdStrike cut approximately 500 jobs, representing 5% of its global workforce of just over 10,000 employees. CEO George Kurtz said the Austin, Texas-based company's job cuts would position it "to move faster, operate more efficiently, and continue cybersecurity leadership." The layoffs came as CrowdStrike works to recover from a major software bug that temporarily disabled millions of Windows PCs worldwide, costing the company between $36 million and $53 million in restructuring expenses.
Match group eliminates 13% of staff amid dating app struggles
Match Group, owner of Tinder and Hinge, announced it would cut 13% of its approximately 2,500 full-time workers, eliminating around 325 positions. New CEO Spencer Rascoff implemented the cuts while addressing challenges in the dating app market, particularly with younger generations souring on dating platforms. The restructuring aims to remove one out of every five managers and focus on "product velocity" to drive growth, with Rascoff acknowledging that apps "have felt like a numbers game rather than a place to build real connections."
Automattic cuts 16% of workforce affecting Tumblr and WordPress operations
Automattic, the parent company of Tumblr and WordPress, eliminated 16% of its nearly 1,500-person global workforce. CEO Matt Mullenweg said the company had reached an "important crossroads" with revenue growth occurring in a highly competitive market where "technology is evolving at unprecedented levels." The restructuring aimed to improve "productivity, profitability, and capacity to invest" while the company offered severance and job placement resources to affected employees.
Porsche plans 3,900 job reductions over multi-year period
German luxury automaker Porsche announced plans to cut 3,900 jobs over the coming years as part of efficiency improvements. About 2,000 of the reductions will come from the expiration of fixed-term contractor positions, while the company will make the remaining 1,900 cuts by 2029 through natural attrition and limited hiring. Porsche said the changes would "make Porsche even more efficient in the medium and long term" while discussing additional potential changes with labor leaders.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NDTV
25 minutes ago
- NDTV
Empty Skies Over Iran, Israel As Airlines Keep Avoiding Middle East Airspace
Airlines continued to avoid large parts of the Middle East on Sunday after US strikes on Iranian nuclear sites, according to flight tracking website FlightRadar24, with traffic already skirting airspace in the region due to recent missile exchanges. "Following US attacks on Iranian nuclear facilities, commercial traffic in the region is operating as it has since new airspace restrictions were put into place last week," FlightRadar24 said on social media platform X. Its website showed airlines were not flying in the airspace over Iran, Iraq, Syria and Israel. They have chosen other routings such as north via the Caspian Sea or south via Egypt and Saudi Arabia, even if it results in higher fuel and crew costs and longer flight times. Missile and drone barrages in an expanding number of conflict zones globally represent a high risk to airline traffic. Since Israel launched strikes on Iran on June 13, carriers have suspended flights to destinations in the affected countries, though there have been some evacuation flights from neighbouring nations and some bringing stranded Israelis home. Japan's foreign ministry said on Sunday it had evacuated 21 people, including 16 Japanese nationals, from Iran overland to Azerbaijan. It said it was the second such evacuation since Thursday and that it would conduct further evacuations if necessary. New Zealand's government said on Sunday it would send a Hercules military transport plane to the Middle East on standby to evacuate New Zealanders from the region. It said in a statement that government personnel and a C-130J Hercules aircraft would leave Auckland on Monday. The plane would take some days to reach the region, it said. The government was also in talks with commercial airlines to assess how they may be able to assist, it added.


Time of India
an hour ago
- Time of India
European carmakers Renault, Volkswagen and Skoda struggle to boost sales in India
European mass market car manufacturers like Renault , Volkswagen and Skoda continue to find it hard to expand their presence in the India market, witnessing a decline in sales in the last three financial years, industry data showed. According to data released by JATO Dynamics, a leading provider of data and analytics to the global automotive industry, Renault saw the biggest sales dip in India to 37,900 units in 2024-2025 from 45,439 units in 2023-2024, and 78,926 units in 2022-2023. Skoda had a similar story with sales in 2024-2025 at 44,866 units, marginally higher from 44,522 units in 2023-2024, but down from 52,269 units in 2022-2023. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Volkswagen reported sales of 42,230 units in 2024-25, down from 43,197 units in 2023-2024. The brand had reported sales of 41,263 units in 2022-2023. "Renault, Skoda, and Volkswagen faced several headwinds in India despite their tenure," JATO Dynamics India President Ravi G Bhatia told PTI. Live Events Explaining why these brands have struggled in India, he said, "Initially, these brands focused heavily on sedans like Vento, Rapid, and Scala, which limited their exposure to the fast-expanding SUV segment." Bhatia added, "They were slower in refreshing product lines, with many models remaining unchanged over extended periods. Network reach has also remained narrow, particularly in Tier 2 and Tier 3 markets, restricting access to a broader audience." Adding to the woes of these brands is "India's unique tax structure, where sub-4-metre vehicles benefit from significantly lower levies". "This has favoured Japanese and Korean OEMs known for cost-effective compact cars. European brands, by contrast, traditionally build larger models and have struggled to deliver competitive offerings within this constraint," Bhatia noted. Under the current GST policy, passenger vehicles (petrol, CNG, LPG) up to 4 metres in length and up to 1200cc engine attract GST of 28 per cent and 1 per cent compensation cess. Passenger vehicles (diesel) up to 4 metres in length and up to 1500 cc engine is levied 28 per cent GST and 3 per cent compensation cess. Passenger vehicles of length above 4 metre and engine capacity 1500 cc attract 28 per cent GST and cess of 17 per cent, while those above 1500 cc engine size attract a similar rate of 28 per cent GST and cess of 17 per cent. On the contrary, passenger vehicles, popularly known as SUVs above 4 metres in length, above 1,500cc engine and more than 170 mm in ground clearance attract 28 per cent GST with 22 per cent compensation cess. Bhatia noted that while domestic OEMs like Tata, Mahindra and market leader Maruti Suzuki have captured market share through high localisation, frequent product launches, and early adoption of alternative fuel engines including CNG, hybrids and BEVs, the European players have lagged in electric and hybrid offerings. However, he said, "There are signs of course correction. Skoda, for instance, recently launched the Kylaq, a subcompact SUV tailored for India." On the path forward for these European brands, he said it "may lie in leveraging India for exports and R&D while focusing on under-4-metre, cost-competitive platforms".


Time of India
an hour ago
- Time of India
Charting the Global Economy: Key central banks hold on rates
Live Events Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Central bankers in the US, UK and Japan held the line on interest rates this week as officials attempt to gauge the impact of tariffs, uncertainty about economic activity and war in the Middle the median forecast from US Federal Reserve officials showed two interest-rate cuts by the end of the year, seven policymakers — up from four at the March meeting — indicated they see no Bank of Japan unveiled a plan to ease the pace of its reductions to monthly bond purchases to ensure market stability while sticking to a path of normalization that includes the possibility of more rate hikes. The vote by Bank of England policymakers to hold rates steady was more divided than expected, leaving UK central bankers on course for a possible rate cut in are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy , markets and geopolitics:Japan's once-slumbering bond market has roared back to life with a burst of volatility that is echoing around the world. Major debt markets have moved in tandem with Japanese government bonds during the recent rout, with a spike in super-long yields in the Asian nation amplifying ructions fueled by global fears of widening fiscal of processing copper in the US, many miners now turn abroad—where there's more than enough capacity—to transform the raw materials they pull from the ground. Economic pressure from China 's army of smelters has been constant over the years and caused the US industry to downsize in the late 2000s and mid-2010s while demand for US copper dwindled. Now, demand is back but the US capacity isn' addition to US, UK and Japan policy decisions, officials in Pakistan, Chile, Armenia, Indonesia, Namibia, Georgia, Taiwan, Turkey and Botswana kept interest rates unchanged. Sweden lowered its key rate to a 2 1/2-year low and Norway surprised with a cut. The Swiss National Bank dropped its rate to zero and the Philippine central bank also lowered rates. Brazil boosted interest Federal Open Market Committee voted unanimously to hold the benchmark federal funds rate in a range of 4.25%-4.5%, as they have since the beginning of the year. They also released new economic forecasts — their first since President Donald Trump unveiled a sweeping set of tariffs in April — showing they expect weaker growth, higher inflation and higher unemployment this US residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory of homes for sale and high mortgage rates sapped the motivation to build. The pace of one-family home starts edged up but is still one of the slowest since 2023, while completions shock has yet to register for the residents of America's affluent suburbs and downtown condos, the target audience for luxury credit cards from JPMorgan Chase and American Express. The card companies are tapping into a new US economic reality: While the vast majority worries about money and is cutting back, the rich continue to shrug off recession concerns and spend a decision that left rates on course for a potential quarter-point cut in August, six of the BOE's nine Monetary Policy Committee members voted to leave rates unchanged while three preferred an immediate quarter-point reduction. Economists had expected a 7-2 confidence in Germany's economy improved more than anticipated as a forthcoming surge in public spending outweighs fears over looming US home prices fell in April by most since 2021, government data show, as a tax increase drove some buyers out of the BOJ kept its benchmark policy rate at 0.5% and outlined a plan to cut monthly bond purchases from the next fiscal year to quarterly reductions of ¥200 billion ($1.34 billion) from the current ¥400 billion. The board's decision follows recent sharp moves in JGBs that rippled across global debt is testing the limits of what its consumer stimulus can accomplish by subsidizing purchases of select goods, fueling a shopping spree that boosted retail sales growth to the strongest in more than a year but threatening to overwhelm authorities even in the richest exports fell for the first time in eight months as the US tariff campaign weighed on global trade, raising the risk of a technical recession after the economy contracted at the start of the year. The value of exports dropped 1.7% in May from a year earlier even as the export volume climbed 1.8%, suggesting exporters may be absorbing the tariff shock by cutting United Nations nuclear watchdog said the location of Iran's near-bomb-grade stockpile of enriched uranium cannot currently be verified, as Israel's ongoing military assault is preventing inspectors from doing their work. Iran's 409 kilograms (902 pounds) of highly-enriched uranium — enough to produce 10 nuclear warheads — should theoretically be secured under an International Atomic Energy Agency seal at an underground facility at the Trump administration's aggressive clampdown roiling migration patterns across the hemisphere, the top destination for outbound Cubans is no longer along Florida's shores. Instead of Miami they're flocking to Curitiba, in Brazil's farm country.