Mumbai, March 10: Tech layoffs have affected thousands of employees this year, making others in the industry worry about their job security. The leading tech companies, including Meta, HP, Salesforce, and others, have laid off thousands of employees to save costs, restructure their businesses, improve their profits, or focus on AI (artificial intelligence).
Each company in the sector wishes to survive global economic changes and competition. However, this year, entertainment companies like Disney and JioStar also made headlines for cutting several employees to bring down their costs. Besides, the automobile industry has also been affected by the layoff wave that started in 2025. JioStar Layoffs: India’s Largest Media Conglomerate To Lay Off 1,100 Employees After Merger, Multiple Departments To Be Affected, Says Report.
According to a layoffs tracking website, Layoffs.fyi, 81 tech companies have laid off 22,692 employees in 2025. The number shows that the technology sector has struggled to keep the business running due to rising costs and the threat of artificial intelligence takeover.
Tech Layoffs List for Companies and Affected Employees
- HP layoffs - 2000 employees
- Hewlett Packard Enterprise layoffs - 2,500 employees
- AutoDesk layoffs - 1,350 employees
- Ola Electric Layoffs- 1,000 employees
- Meta layoffs - 3,600 employees
- Workday layoffs - 1,750 employees
- Salesforce layoffs - 1,000 employees
- Infosys layoffs - 700 employees
Besides these job cuts, many companies have been planning to announce massive layoffs this year that will affect thousands of employees. This year, Google, Microsoft, and other companies in the IT and allied sectors are expected to reduce their workforce to focus on artificial intelligence (AI).
The tech layoffs in 2025 have been implemented by the companies due to global economic issues and competition, according to the reports. Besides, some companies over hired employees which are now not required and others were laid off as a part of restructuring and cost-cutting measures. Lloyds Layoffs: Lloyds Banking Group To Lay Off IT Jobs in UK, Planning To Expand Tech Workforce in India.
Reports said that the increasing adoption of AI has made it difficult for some roles to exist, such as HR, marketing, customer service, and coding. Moreover, some companies have laid off employees as part of mergers and acquisitions. In 2024, 1,52,472 employees were laid off by 549 companies, and this year, 22,692 from 81 companies have already been affected due to the ongoing layoff rounds.
(The above story first appeared on LatestLY on Mar 10, 2025 10:28 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).