Year Ender 2025: Over 120,000 people lost their jobs this year, with the most layoffs occurring at these companies

Layoffs 2025: Global tech companies carried out massive layoffs this year, resulting in over 120,000 job losses. Several major companies, from Intel to Amazon, were involved.

Layoffs 2025: In 2025, many tech companies worldwide conducted layoffs, resulting in over 120,000 job losses. This was a year marked by significant workforce reductions across the global tech industry.

Companies cited cost-cutting measures, restructuring of work patterns, and a focus on changes driven by artificial intelligence as reasons for the layoffs. Job cuts occurred across various sectors, including chip manufacturers, IT service firms, and cloud and telecom companies.

Intel laid off the most employees

Intel laid off the most employees. The semiconductor company eliminated approximately 24,000 jobs to curb expenses and transition to a foundry-focused business model.

Tata Consultancy Services (TCS) came in second, laying off approximately 20,000 employees, citing skill gaps and increased adoption of AI-based delivery models. These two companies were hit hardest by layoffs this year. Verizon also eliminated approximately 15,000 roles as part of a restructuring of its operations to reduce costs.

Amazon also among companies with significant layoffs

Amazon was also among the companies that conducted layoffs this year. Amazon reduced its workforce by eliminating approximately 14,000 management and administrative roles. Dell Technologies also reduced its total workforce by approximately 12,000 people. The company shifted its focus to AI-optimized hardware and enterprise services while emphasizing cost management.

Other companies that saw job losses:

Accenture and SAP also conducted large-scale layoffs. Accenture reduced its workforce by approximately 11,000 employees as client demand shifted towards generative AI projects. SAP eliminated 10,000 roles to manage its resources in cloud computing and business AI.

Microsoft laid off approximately 9,000 people across several divisions, including gaming and Azure, prioritizing long-term AI infrastructure investments. Toshiba cut 5,000 jobs as part of a restructuring following its privatization, while Cisco rounded out the top ten with 4,250 employee layoffs, redirecting spending towards cybersecurity and AI development.