Tech Layoffs Wave Continues In 2025 With 22,000 Jobs Lost Till Now: Report
Tech Layoffs: The technology sector continues to shed jobs at a rapid pace in 2025, with more than 22,000 layoffs reported so far this year, signaling that the wave of downsizing seen in 2024 is far from over. According to data from Layoffs.fyi, a platform tracking job cuts across the tech industry, this year’s numbers follow a grim 2024, during which over 150,000 tech roles were eliminated across 549 companies.
February alone saw more than 16,000 roles cut, making it the worst month in 2025 to date. The persistent trend of workforce reductions underscores how companies are adjusting to increased automation, aggressive cost-cutting, and strategic realignments fueled by AI integration.
May has already brought a fresh round of high-profile layoffs. Match Group is reducing its workforce by 13 per cent in a push to streamline operations and improve profitability. Cybersecurity leader CrowdStrike is eliminating around 500 roles, or 5 per cent of its global staff, citing a need to increase efficiency while pursuing revenue growth. Meanwhile, Vancouver-based General Fusion, a clean energy startup backed by Jeff Bezos, has laid off a quarter of its employees amid financial pressures.
Tech Layoffs Around The Globe
Additional cuts this month include Deep Instinct, an Israeli cybersecurity firm, which dismissed 10 per cent of its workforce in its second round of layoffs in as many years. Climate tech startup Beam, based in the UK, ceased operations entirely, resulting in approximately 200 job losses.
April was similarly harsh, with over 23,000 layoffs across the industry. Companies such as NetApp, Electronic Arts, and Expedia enacted cuts ranging from hundreds to thousands. Indian startups like Cars24 and Zopper also slashed staff amid ongoing restructuring efforts.
Some of the most significant layoffs came from tech giants. Meta trimmed over 100 jobs in its Reality Labs division, focusing on virtual and augmented reality. Chipmaker Intel announced one of the largest reductions of the year, planning to cut 21,000 jobs, around 20 per cent of its global headcount as part of a sweeping overhaul under new CEO Lip-Bu Tan. General Motors also let go of 200 employees at its Michigan EV facilities, reflecting a cooling electric vehicle market.
Other notable reductions include Turo’s 150 layoffs after a failed IPO attempt, and GupShup’s second layoff wave in five months, affecting 200 staff. Germany’s Forto cut a third of its workforce, while Microsoft outsourcing partner Wicresoft shut down its Chinese operations, resulting in 2,000 job losses amid geopolitical tensions.
March also saw major layoffs, including 2,800 jobs cut by Swedish battery manufacturer Northvolt, which later filed for bankruptcy. Block, led by Jack Dorsey, laid off 931 employees in a structural overhaul not directly linked to financial distress. Siemens reduced its workforce by 5,600, primarily within its automation and EV charging segments.
As 2025 progresses, the pace and scale of layoffs suggest the tech industry is undergoing a deeper, more structural transformation, driven by evolving business models, automation, and shifting investor expectations.
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