Tech Industry Faces Major Layoffs, Over 5,600 Jobs Lost in 2025
Tech Industry Faces Major Layoffs, Over 5,600 Jobs Lost in 2025

Tech Industry Faces Major Layoffs, Over 5,600 Jobs Lost in 2025

News summary

The tech industry is facing a significant wave of layoffs as 2025 begins, with over 5,461 employees impacted across major companies including Microsoft, Meta, and Amazon. Microsoft has implemented immediate dismissals for underperforming employees and has also cut jobs from various divisions, while Meta plans to reduce its workforce by 5% as part of a drive for improved productivity. Additionally, Amazon has initiated job cuts amid restructuring efforts, and other firms like Google and Twitch are also scaling back their staff. A recent survey indicates that 45% of companies expect further layoffs this year, with many already enacting hiring freezes. Economic uncertainties and changing policies under the new government are cited as contributing factors to this trend. Analysts predict that these layoffs may continue to reshape the job market significantly throughout the year.

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