100,000 tech job layoffs: Google, Microsoft, Tiktok, Intel, IBM, Siemens, UPS, and others

Latest report points to uncertainty scenario in US tech sector: What we know so far

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The tech industry started the year with a wave of job cuts, around 50,000 in January alone. Here’s a look at some of the companies that have announced layoffs so far.
The tech industry started the year with a wave of job cuts, around 50,000 in January alone. Here’s a look at some of the companies that have announced layoffs so far.
Gulf News File | Wikipedia

Layoff or "workforce reductions" are happening.

Common reasons: cost-cutting, business restructuring, reorganisation, a shift in focus.

There's also the matter of automation and technology, a decline in demand, underperformance, outsourcing, pandemic and geopolitics (think tariff wars).

The tech layoff wave is still kicking in 2025.

Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi.

So far this year, more than 50,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone.

Here's a list of all the known tech layoffs that have occurred in 2025, which is updated based on tipoffs, including anonymous ones.

March 2025: More than 88,000 employees laid off

February 2025: 16,234 employees laid off

January 2025: 2,403 employees laid off

April

UPS: 20,000 job cuts

United Parcel Service (UPS) announced Tuesday it will cut 20,000 jobs and close 73 facilities, citing a planned reduction in Amazon.com deliveries and the ongoing turbulence in global trade triggered by US President Donald Trump's tariffs.

A UPS spokesperson explained that the layoffs stem from shedding 50% of its shipping volume from Amazon.com, its largest customer, along with efforts to streamline operations under a sweeping cost-cutting and efficiency overhaul.

"Due to their operational needs, UPS requested a reduction in volume and we certainly respect their decision," an Amazon spokesperson told Reuters.

The decision lands amid growing concerns over a potential recession, as President Trump’s trade policies continue to dampen global economic momentum.

Intel Corp. announced that they will be cutting jobs.

Intel: ?

Chief Financial Officer David Zinsner told staff during an "all-hands" meeting that a Bloomberg report suggesting Intel would lay off more than 20,000 workers was "inaccurate". Calcaltech, reported a higher number, 22,000.

The company, however, has not yet finalised how many positions will be eliminated, Zinsner said. If the job cuts do happen, they could be the latest move new Intel CEO Lip-Bu Tan, who took over in March, possibly redefining Intel’s culture since Andy Grove.

Tiktok ...

TikTok’s US e-commerce team is facing layoffs, according to Business Insider. Five employees said the global governance and experience team—handling TikTok Shop safety—is affected. The cuts follow poor 2024 performance and internal warnings from top exec Bob Kang in February. That same month, TikTok's global trust and safety team also faced layoffs, hitting staff across Asia, Europe, the Middle East, and Africa. The exact number of job losses remains unclear amid the ongoing restructuring.

GM: 200 job cuts

Is laying off 200 people at its Factory Zero in Detroit and Hamtramck facility in Michigan, which produces GM’s electric vehicles. The cuts come amid the EV slowdown and is not caused by tariffs, according to a report.

Zopper: 500 job cuts

Has reportedly let go of around 100 employees since the start of 2025. Earlier this week, about 50 employees from the tech and product teams were let go in the latest round of job cuts. The India-based insurtech startup has raised a total of $125 million to date.

Turo: 150 job cuts

Will reduce its workforce by 150 positions following its decision not to proceed with its IPO, per Bloomberg. The San Francisco-based car rental startup, which had about 1,000 staff in 2024, said the layoffs will bolster its long-term growth plans during economic uncertainty.

GupShup: 500 job cuts

Laid off roughly 200 employees to improve efficiency and profitability. It’s the startup’s second round of layoffs in five months, following the job cuts of around 300 employees in December. The conversational AI company, backed by Tiger Global and Fidelity, was last valued at $1.4 billion in 2021. The startup is based in San Francisco and operates in India.


Forto: 200 job cuts

Has reportedly eliminated 200 jobs, affecting around one-third of its employees. The German logistics startup reduced a significant number of sales staff.

Wicresoft: 2,000 job cuts

Will stop its operations in China, affecting around 2,000 employees. The move came after Microsoft decided to end outsourcing after-sales support to Wicresoft amid increasing trade tensions. Wicresoft, Microsoft’s first joint venture in China, was founded in 2022 and operates in the U.S., Europe, and Japan. It has over 10,000 employees.

Five9: 123 job cuts

Plans to cut 123 jobs, affecting about 4% of its workforce, according to a report by MarketWatch. The software company prioritizes key strategic areas like artificial intelligence for profitable growth.

Google ...

Has laid off hundreds of employees in its platforms and devices division, which covers Android, Pixel phones, the Chrome browser, and more, according to The Information.

Microsoft ...

Is contemplating additional layoffs that could happen by May, Business Insider reported, citing anonymous sources. The company is said to be discussing reducing the number of middle managers and non-coders in a bid to increase the ratio of programmers to product managers.

Automattic: 16% of workforce

The WordPress.com developer is laying off 16% of its workforce across departments. Before the layoffs, the company’s website showed it had 1,744 employees, so more than 270 staff may have been laid off.

Canva

Has let go of 10 to 12 technical writers approximately nine months after telling its employees to use generative AI tools wherever possible. The company, which had around 5,500 staff in 2024, was valued at $26 billion after a secondary stock sale in 2024.

March

Northvolt: 2,800 job cuts

Has laid off 2,800 employees, impacting 62% of its total staff. The layoffs come weeks after the embattled Swedish battery maker filed for bankruptcy.

Block: 931 job cuts

Let go of 931 employees, around 8% of its workforce, as part of a reorganization, according to an internal email seen by TechCrunch. Jack Dorsey, the co-founder and CEO of the fintech company, wrote in the email that the layoffs were not for financial reasons or to replace workers with AI.

Brightcove: 198 job cuts

Has laid off 198 employees, who make up about two-thirds of its U.S. workforce, per a media report. The layoff comes a month after the company was acquired by Bending Spoons, an Italian app developer, for $233 million. Brightcove had 600 employees worldwide, with 300 in the U.S., as of December 2023.

Acxiom: 130 job cuts

Has reportedly laid off 130 employees, or 3.5% of its total workforce of 3,700 people. Acxiom is owned by IPG, and the news comes just a day after IPG and Omnicom Group shareholders approved the companies’ potential merger

Sequoia Capital ...

Plans to close its office in Washington, D.C., and let go of its policy team there by the end of March, TechCrunch has confirmed. Sequoia opened its Washington office five years ago to deepen its relationship with policymakers. Three full-time employees are expected to be affected, per Forbes.

Siemens: 5,600 job cuts

Announced plans to let go of approximately 5,600 jobs globally in its automation and electric-vehicle charging businesses as part of efforts to improve competitiveness.

HelloFresh: 273 job cuts

Is reportedly laying off 273 employees, closing its distribution center in Grand Prairie, Texas, and consolidating to another site in Irving to manage the volume in the region.

Otorio: 45 job cuts

Has cut 45 employees, more than half of its workforce, after being acquired by cybersecurity company Armis for $120 million in March.

ActiveFence: 22 job cuts

Will reportedly reduce 22 employees, representing 7% of its workforce. Most of those affected are based in Israel as the company undergoes a streamlining process. The New York- and Tel Aviv-headquartered cybersecurity firm has raised $100 million at a valuation of about $500 million in 2021.

D-ID: 22 job cuts

Will cut 22 jobs, affecting nearly a quarter of its total workforce, following the announcement of the AI startup’s strategic partnership with Microsoft.

NASA ...

Announced it will be shutting down several of its offices in accordance with Elon Musk’s DOGE, including its Office of Technology, Policy, and Strategy and the DEI branch in the Office of Diversity and Equal Opportunity.

Zonar Systems ...

Has reportedly laid off some staff, according to LinkedIn posts from ex-employees. The company has not confirmed the layoffs, and it is currently unknown how many workers were affected.

Wayfair: 340 job cuts

Announced plans to let go of 340 employees in its technology division as part of a new restructuring effort.

HPE: 2,500 job cuts

Will cut 2,500 employees, or 5% of its total staff, in response to its shares sliding 19% in the first fiscal quarter.

TikTok: 300 job cuts

Will cut up to 300 workers in Dublin, accounting for roughly 10% of the company’s workforce in Ireland. 

LiveRamp: 65 job cuts

Announced it will lay off 65 employees, affecting 5% of its total workforce.

Ola Electric: 1,000 job cuts

Is reportedly set to lay off over 1,000 employees and contractors in a cost-cutting effort. It’s the second round of cuts for the company in just five months.

Rec Room: 16% of headcount

Reduced its total headcount by 16% as the gaming startup shifts its focus to be “scrappier” and “more efficient.”

ANS Commerce ...

Was shut down just three years after it was acquired by Flipkart. It is currently unknown how many employees were affected.

Takeaways

  • The on-going layoffs in the tech sector shows the trajectory of the cutbacks, demonstrating the impact on innovation and disruption across all types of industries (i.e. you now read news from a screen, instead of dead trees).

  • Behind each statistic lies a story of disrupted livelihoods, uncertain futures, and the delicate balance companies must strike between survival and social responsibility.

  • As businesses navigate their way through uncharted waters, the tracker serves as a reminder of the human impact of layoffs — and what could be at stake with every cost-cutting decision.

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