61,000 jobs, 130 companies: Tech layoffs surge in 2025 as Microsoft, IBM, Google, Amazon cut jobs

In a significant shake-up within the tech industry, over 61,000 workers have faced layoffs in 2025, impacting more than 130 companies, according to data from Layoffs.fyi. This wave of job cuts highlights the industry's struggle to adapt to shifting economic conditions and evolving market demands. Major players like Microsoft, IBM, Google, and Amazon are at the forefront of these reductions, reflecting a broader trend of cost-cutting and strategic realignment. Microsoft, often seen as a bellwether for the tech sector, has implemented substantial layoffs as part of its efforts to streamline operations and focus on core business areas. Similarly, IBM has announced cuts aimed at enhancing its competitive edge in the rapidly changing landscape. These decisions underscore the challenges faced by established tech giants as they navigate the complexities of innovation and global competition. Meanwhile, Google and Amazon have also contributed to the surge in layoffs, each grappling with their unique set of challenges. For Google, the focus has been on optimizing resources in response to fluctuating advertising revenues, while Amazon is adjusting its workforce amidst shifts in consumer behavior post-pandemic. As these companies recalibrate, the broader tech industry watches closely, bracing for potential ripple effects that could redefine the employment landscape for years to come.

— Authored by Next24 Live