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Tech Industry Faces Continued Layoffs in 2025, Impacting Over 22,000 Workers So Far This Year

7 days ago

The tech layoff wave continues to reverberate through the industry in 2025, with more than 22,000 job cuts reported so far, including a staggering 16,084 in February alone. Independent layoffs tracker Layoffs.fyi has documented these reductions across 549 companies, highlighting the widespread impact on workers and innovation. Major Layoffs by Month April Expedia: Layed off about 3% of its employees, primarily from mid-level positions in the product and technology teams, following global marketing team cuts in March. Cars24: Reduced its workforce by about 200 employees in the product and technology divisions to streamline operations. Meta: Eliminated over 100 employees in its Reality Labs division, which focuses on virtual reality and wearable technology. Intel: Announced the largest single-round layoffs, cutting more than 21,000 employees, or roughly 20% of its workforce, ahead of its Q1 earnings call. The new CEO, Lip-Bu Tan, took the helm last year. General Motors (GM): Layed off 200 workers from its Factory Zero facility in Detroit, which produces electric vehicles, amid an EV market slowdown. Zopper: Dismissed around 100 employees, with 50 recent cuts from the tech and product teams. Turo: Cut 150 positions due to its decision to halt its IPO, aiming to strengthen long-term growth amid economic uncertainty. GupShup: Reduced its staff by 200 employees, marking its second round of layoffs within five months. Forto: Eliminated 200 jobs, affecting one-third of its workforce, primarily in sales. Wicresoft: Stopped operations in China, impacting around 2,000 employees, following Microsoft's decision to end outsourcing after-sales support. March Northvolt: Filed for bankruptcy and laid off 2,800 employees, constituting 62% of its total staff. Block: Cut 931 jobs, about 8% of its workforce, as part of a reorganization not tied to financial issues or AI replacement. Brightcove: Laid off 198 employees, comprising roughly two-thirds of its U.S. workforce, after being acquired by Bending Spoons. Acxiom: Reduced 130 employees, or 3.5% of its workforce, shortly after IPG and Omnicom Group shareholders approved a potential merger. Sequoia Capital: Closed its Washington, D.C., office and terminated its policy team of three full-time employees. Siemens: Plans to dismiss 5,600 jobs globally in its automation and EV charging businesses to enhance competitiveness. HelloFresh: Laid off 273 employees and closed its distribution center in Grand Prairie, Texas, consolidating to another site in Irving. Otorio: Cut 45 employees, more than half of its workforce, post-acquisition by Armis for $120 million. ActiveFence: Reduced 22 employees, 7% of its workforce, primarily based in Israel. D-ID: Laid off 22 employees, nearly a quarter of its workforce, following a strategic partnership with Microsoft. NASA: Shut down several offices, including the Office of Technology, Policy, and Strategy and the DEI branch, influenced by Elon Musk's DOGE. Zonar Systems: Experienced unconfirmed layoffs, with affected numbers unknown. Wayfair: Planned to cut 340 technology division employees, marking another round of restructuring. HPE: Announced 2,500 layoffs, or 5% of its staff, in response to a 19% decline in share prices. TikTok: Laid off up to 300 employees in Dublin, accounting for 10% of its Irish workforce. LiveRamp: Laid off 65 employees, affecting 5% of its total workforce. Ola Electric: Set to cut over 1,000 employees and contractors, its second round of reductions in five months. Rec Room: Reduced its headcount by 16% to become "scrappier" and "more efficient." February HP: Laid off up to 2,000 employees as part of its "Future Now" plan to save $300 million. Grubhub: Cut 500 jobs, affecting more than 20% of its workforce, after being sold to Wonder Group for $650 million. Autodesk: Announced 1,350 layoffs, impacting 9% of its workforce, to reshape its GTM model. Google: Planned cuts in its People Operations and cloud organizations, offering a voluntary exit program to U.S.-based employees. Nautilus: Reduced 25 employees, 16% of its workforce, preparing to launch a commercial proteome analysis platform. eBay: Conducted layoffs in Israel, potentially affecting 10% of its local 250-person workforce. Starbucks: Cut 1,100 tech-related jobs and outsourced some tech roles to third parties. Commercetools: Dismissed dozens of employees, including 10% in one day, following missed sales targets. Dayforce: Laid off about 5% of its workforce to boost profitability and growth. Skybox Security: Ceased operations and laid off approximately 300 employees after selling its business to Tufin. HerMD: Shut down operations due to ongoing healthcare challenges, with affected employee numbers unknown. Zendesk: Conducted further layoffs, cutting 51 jobs in San Francisco, following an 8% reduction in 2023. Vendease: Laid off 120 employees, 44% of its workforce, marking its second round of cuts in five months. Logically: Reduced dozens of employees to ensure long-term financial stability. Blue Origin: Dismissed more than 1,000 workers, about 10% of its workforce, primarily in engineering and program management. Redfin: Announced 450 job cuts over February to July, completing restructuring by fall, following its partnership with Zillow. Sophos: Cut 6% of its workforce, just weeks after acquiring Secureworks for $859 million. Zepz: Laid off nearly 200 employees, closing operations in Poland and Kenya. Unity: Conducted another round of layoffs, with the exact number unknown. JustWorks: Eliminated nearly 200 jobs, citing potential adverse events like a recession or rising interest rates. Bird: Dismissed 120 employees, about one-third of its workforce, one year after a previous round of cuts. Sprinklr: Laid off 500 employees, 15% of its workforce, following two earlier rounds affecting 200 employees. Sonos: Let go of about 200 employees, adding to a prior 100-employee reduction in August 2024. Workday: Dismissed 1,750 employees, roughly 8.5% of its total headcount. Okta: Laid off 180 employees, a year after cutting 400 jobs. Cruise: Reduced 50% of its workforce, including CEO Marc Whitten and other top executives, and will move under General Motors. Salesforce: Contemplated eliminating more than 1,000 jobs despite active recruitment for AI product sales. January Cushion: Shut down operations, affecting all employees. The fintech startup had a post-money valuation of $82.4 million in 2022. Placer.ai: Cut 150 employees, 18% of its workforce, to reach profitability. Amazon: Dismissed dozens from its communications department to enhance agility and customer focus. Stripe: Laid off 300 employees but plans to grow its total headcount by 17%. Textio: Reduced 15 employees during a restructuring phase. Pocket FM: Dismissed 75 employees to ensure long-term sustainability following a 200-employee reduction in July 2024. Aurora Solar: Planned to cut 58 employees due to macroeconomic challenges and solar industry uncertainty. Meta: Targeted 5% of its staff, focusing on "low performers," preparing for a high-stakes year. Wayfair: Laid off up to 730 employees, 3% of its workforce, exiting Germany and focusing on physical retail. Pandion: Shut down operations, affecting 63 employees, despite efforts to secure a buyer. Icon: Cut 114 employees, focusing on a robotic printing system. Altruist: Reduced 37 jobs, 10% of its workforce, but pursued aggressive hiring. Aqua Security: Conducted layoffs in global markets to increase profitability. SolarEdge Technologies: Planned to cut 400 employees globally, its fourth round since January 2024, reflecting broader industry downturns. Level: Abruptly shut down, impacting 100% of its workforce, after failed acquisition attempts. Industry Impact and Insights Tech industry insiders and analysts attribute the layoffs to various factors, including economic downturns, increased competition, and the rapid adoption of AI and automation technologies. Companies like Intel, Meta, and Google are trimming fat to stay competitive and financially stable. However, these cuts raise concerns about stifling innovation and the long-term effects on employee morale and company culture. Startups and smaller firms, such as Zopper and Vendease, often cite operational efficiency and cost-saving measures as primary reasons for their layoffs. Despite the grim outlook for laid-off workers, some industry leaders argue that this downsizing will lead to a leaner, more focused tech sector capable of adapting to current challenges. For instance, Intel's new CEO, Lip-Bu Tan, believes that restructuring is essential for the company's future growth and survival. Meanwhile, established players like Block emphasize that these measures are not financially driven but rather part of a strategic reorganization to better align with evolving industry needs. Companies profiled in this tracker, such as HP, Microsoft, and Stripe, reflect the broad spectrum of the tech industry, from hardware and software giants to emerging startups. This diversity underscores the pervasive nature of the layoffs across different segments and geographies. The human impact of these layoffs cannot be overstated, especially as tech professionals face a tougher job market and must navigate the complexities of finding new opportunities in a rapidly changing landscape.

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