Fortune India
Mass job cuts are back—here’s a look at who’s laying off and what’s driving the trend.
As per Layoffs.fyi, over 23,500 tech workers have been laid off in 2025 across 93 companies—and the number is growing.
Google cut hundreds of jobs in its Platforms, Devices, Cloud, and HR divisions to streamline operations. This follows team mergers and a need a AI-focussed structure.
Microsoft is reportedly planning another round of layoffs, targeting middle managers and low performers. Reason: To ensure better efficiency.
Meta began the year by laying off 5% of its staff while ramping up AI hiring.
Amazon laid off dozens in its communications division to increase speed and team ownership.
Indian EV player Ola Electric let go of over 1,000 staff amid ongoing restructuring efforts.
TikTok cut 300 jobs in Dublin; Canva laid off writers; Automattic slashed 270 roles.
Siemens axed 5,600 jobs; Blue Origin let go of over 1,000 engineers in a cost-cutting push.
Salesforce and HP both cut 1,000+ jobs each, targeting non-AI roles in a strategic reshuffle.
Infosys removed 30–45 trainees at its Mysuru campus after repeated failed evaluations.
Boeing cut 180 jobs in India as part of a global 10% workforce reduction plan.
Rising AI adoption, cost pressures, inflation, and high interest rates are driving a global restructuring wave.
Despite cuts, firms are aggressively hiring for AI jobs aligned with new priorities.