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In 2025, there will be a wave of layoffs across the tech industry, with more than 100,000 employees losing their jobs. According to layoff.fyiMore than 122,549 tech workers have been laid off at as many as 551 companies, according to an independent agency that tracks layoffs. This trend is largely due to the growing influence of artificial intelligence (AI) in the industry.
Major companies announce significant layoffs
Several major tech companies have announced large-scale layoffs this year. In October, for example, Amazon announced its largest layoff in its history, cutting 14,000 corporate jobs. The move was part of a strategy to invest more in its “biggest bets,” including AI. Microsoft also announced a major restructuring in July, cutting 15,000 jobs through 2025, affecting 9,000 employees.
TCS and Intel also joined the trend of job cuts.
Tata Consultancy Services (TCS), India's largest technology company, has announced a 2% reduction in its workforce, or about 12,000 jobs. However, the company denied claims that these job losses were due to AI replacement. They cite a skills mismatch and evolving business models as the real reasons for this move. Similarly, chip maker Intel has nearly completed its 15% workforce reduction by July.
Salesforce and HP announce layoffs
In September, Salesforce CEO Marc Benioff acknowledged that 4,000 customer support jobs had been eliminated due to the use of AI. The company is reportedly considering increasing the number of employees in conjunction with the recent staff reductions. Meanwhile, PC maker HP announced plans to cut between 4,000 and 6,000 jobs globally by 2028 as part of its efforts to streamline operations and integrate AI across workflows.
Other tech giants also announce job cuts
According to some sources, Apple has laid off dozens of sales employees across the United States. bloomberg Report. Meta's Instagram plans to lay off 600 employees in its AI department to accelerate product development. Google also laid off 100 employees in design-related roles as part of its continued efforts to accelerate its AI efforts.
