As the tech industry continues its massive job-cutting spree in 2025, more than 59,000 employees have lost their positions across 127 companies so far this year.
April has been particularly devastating with over 23,400 workers laid off, while February saw 16,234 cuts. January had the lowest monthly total at 2,403 layoffs, followed by March with 8,834 job losses.
Tech layoffs intensifying: April saw 23,400 workers cut, following February’s 16,234, March’s 8,834 and January’s modest 2,403.
Major tech companies are leading these workforce reductions. Microsoft eliminated 8,280 jobs in total, including 6,000 employees in a single week in May.
Meta cut 3,600 workers as part of restructuring efforts, while Amazon dismissed 2,100 staff members. In the semiconductor sector, STMicroelectronics eliminated 3,000 positions.
This current wave of layoffs adds to an already troubling trend. Since 2022, over 500,000 tech employees have lost their jobs.
Last year alone saw 280,991 jobs eliminated globally in tech and telecommunications sectors. The cuts show no signs of slowing, with at least 80 U.S.-based tech firms reducing their workforce in early 2025.
Recent research from the University of Washington reveals the psychological toll on affected workers. A study of 29 laid-off tech employees found increasing disillusionment with the industry.
Many expressed concerns about the “cult of technology” culture and criticized the sector for prioritizing business interests over true innovation.
The layoffs are changing how people view tech careers. Once seen as secure and prestigious positions, many tech jobs are now viewed with skepticism.
Workers are questioning both job stability and the broader societal impacts of technologies like artificial intelligence. The five-week study documented weekly reflections from participants across various tech roles including software engineers and data scientists.
Several factors are driving these cuts. Companies are embracing AI and automation while facing economic uncertainty and declining revenues. Recent tariff increases set to raise tech hardware costs by 60% have further strained company budgets and accelerated cost-cutting measures. Intel has been particularly aggressive, cutting over 21,000 employees which represents about 20% of their entire workforce.
Many firms see workforce reductions as necessary cost-cutting measures amid shifting market conditions.
Despite the grim outlook, industry data shows most affected workers still plan to remain in the tech sector, though with more realistic expectations about job security and industry promises.
References
- https://techcrunch.com/2025/05/09/tech-layoffs-2025-list/
- https://www.geekwire.com/2025/cruel-optimism-mass-layoffs-take-the-shine-off-careers-in-the-tech-sector-uw-research-finds/
- https://layoffs.fyi
- https://www.businessinsider.com/recent-company-layoffs-laying-off-workers-2025
- https://www.capacitymedia.com/article/2eg4ohujmjrqj30pbd340/news/tech-layoffs-continue-into-2025-as-industry-cuts-another-26-000-jobs