Tech Industry Shake-Up: Over 62,000 Jobs Cut in 2025 by Giants Like Google and Microsoft
Times Of India1 day ago
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Tech Industry Shake-Up: Over 62,000 Jobs Cut in 2025 by Giants Like Google and Microsoft

Tech Industry
techlayoffs
jobcuts
microsoft
google
intel
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Summary:

  • Over 62,000 tech employees laid off in the first five months of 2025 across 284 companies

  • Google, Microsoft, Apple, and Intel among the major firms cutting jobs

  • Layoffs driven by economic uncertainty, high interest rates, and inflationary pressures

  • Microsoft cuts 6,000 jobs to streamline operations and reduce management layers

  • Meta plans to lay off 3,600 employees as part of performance-driven restructuring

  • Intel to cut 20% of its workforce under new CEO Lip-Bu Tan

Tech Industry Faces Massive Layoffs in 2025

The tech industry is undergoing significant workforce reductions, with over 62,000 employees laid off across 284 companies in the first five months of 2025 alone. Major players like Google, Microsoft, Apple, and Intel are among the firms making substantial job cuts. According to data from layoff tracker Trueup, the layoff spree, which escalated dramatically in 2023, shows no signs of slowing down.

Why Are Tech Companies Cutting Jobs?

Analysts point to ongoing global economic uncertainty, high interest rates, and inflationary pressures as key factors driving these layoffs. Additionally, the rapid expansion during the pandemic led to over-hiring in some sectors. As demand normalizes, companies are "right-sizing" their workforces.

Microsoft Fires Over 6,000 Employees

Microsoft recently cut around 6,000 jobs globally, aiming to reduce management layers and streamline operations. These cuts primarily impacted middle management roles, as the company seeks to create a more streamlined hierarchy. Microsoft CEO Satya Nadella stated that these layoffs were due to "reorganization rather than performance."

Google Trims Hundreds of Roles

Google has been steadily reducing its workforce, with cuts in its Global Business Organization, Pixel, Android, and Chrome divisions. In May 2025, approximately 200 employees were laid off from its Global Business Organization. The company is shifting focus and automating roles to adapt to changing demands.

Meta Plans to Lay Off 3,600 Employees

Meta, the parent company of Facebook, Instagram, and WhatsApp, is set to lay off 3,600 employees in 2025 as part of a performance-driven restructuring. CEO Mark Zuckerberg confirmed the move, stating the company is raising the bar on performance management.

Intel to Cut 20% of Its Workforce

The semiconductor giant is planning to cut 20% of its workforce under new CEO Lip-Bu Tan. These layoffs are part of Intel's efforts to streamline management and refocus on engineering excellence.

Other Major Layoffs

  • Salesforce: Fired over 1,000 employees as part of restructuring efforts.
  • LinkedIn: Laid off 281 employees across California.
  • Amazon: Cut 14,000 jobs this year, including roles in its Fashion and Fitness group.
  • Match Group: Reduced its workforce by 13% following a decline in paying users.
  • Disney: Hundreds of employees lost jobs across film, television, and finance departments.
  • HP: Plans to lay off 1,000 to 2,000 employees by October 2025 as part of cost-cutting measures.

These layoffs reflect a broader trend in the tech industry as companies navigate economic challenges and shift priorities.

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