Tech Layoffs Continue in 2025: Thousands of Jobs at Risk
The wave of layoffs in the tech industry shows no signs of stopping as 2025 unfolds. This year alone has seen over 22,000 tech jobs cut, contributing to a tumultuous aftermath of 2024, when more than 150,000 tech workers lost their jobs across 549 companies, according to data from Layoffs.fyi.
In February 2025, the sector experienced a particularly sharp rise in job losses, with 16,084 positions eliminated. This troubling trend highlights the ongoing effects of restructuring and the growing influence of automation and AI within the tech world.
Layoffs in May
May has already proven to be a challenging month for many employees. Match Group is reducing its workforce by 13% as part of a restructuring plan aimed at cutting costs and enhancing profits. CrowdStrike, a cybersecurity leader, is letting go of about 500 employees, or 5% of its global team, to improve operational efficiency while striving for ambitious revenue goals. The clean energy sector also faced significant cuts, with General Fusion, backed by high-profile investors like Jeff Bezos, laying off 25% of its staff. Additionally, the UK’s Beam, a climate tech startup, has shut down completely, resulting in around 200 job losses.
Layoffs in April
April 2025 proved to be another tough month, with over 23,400 layoffs reported. NetApp let go of 700 employees as part of an organizational overhaul, while Electronic Arts cut approximately 400 jobs, including 100 from its subsidiary, Respawn Entertainment. Expedia also trimmed its workforce by 3%, focusing mainly on its product and tech teams. Indian startups were not immune either, with Cars24 and Zopper laying off 200 and 100 employees, respectively.
Major Companies Announce Cuts
Big tech companies have also made headlines with their layoffs. Meta cut over 100 jobs in its Reality Labs division, while Intel announced a drastic move to lay off 21,000 employees, nearly 20% of its workforce, under the new leadership of CEO Lip-Bu Tan. General Motors also reduced its workforce by 200 at its Michigan electric vehicle plants due to declining demand.
Other Notable Job Cuts
Various other companies made significant reductions. Turo, a car rental service, cut 150 jobs after its IPO plans fell through. The AI firm GupShup laid off 200 employees as part of its second round of cuts in just five months. In a drastic move, German logistics startup Forto reduced its workforce by one-third, while Wicresoft closed its Chinese operations, affecting about 2,000 workers due to Microsoft’s decision to cease outsourcing amid rising political tensions.
Layoffs in March
March was particularly challenging, with Northvolt, a Swedish battery manufacturer, laying off 2,800 employees before going bankrupt. Block, led by Jack Dorsey, cut 931 jobs in a reorganization not driven by financial issues. Siemens also shed 5,600 jobs in its automation and EV sectors to remain competitive.
As the tech landscape continues to shift, the impact of these layoffs resonates widely, affecting not just companies but also the lives of thousands of workers.
