The Ongoing Tech Layoff Wave of 2025: A Comprehensive Overview

In 2025, the tech industry finds itself caught in a continuing wave of layoffs, shaking the very foundation of a sector once hailed for growth and innovation. The stark reality is reflected in the numbers: over 150,000 job cuts were recorded across 549 companies last year alone, according to Layoffs.fyi, an independent tracker. As the current year unfolds, more than 22,000 workers have already faced reductions, with February witnessing a staggering 16,084 layoffs.

Tracking Layoffs: The Human Impact

As businesses pivot towards automation and artificial intelligence, this trend underscores the profound human cost of such technological advancements. These cuts do not merely affect corporate bottom lines; they have real-world consequences for families and individuals relying on these jobs. The tracker we maintain serves as an eye-opener to the trajectory of these cutbacks, reflecting on innovation’s razor-thin edge in an era of accelerated technological advances.

Companies Making the Headlines in 2025

Below, we provide an organized overview of notable companies that have announced layoffs throughout 2025. This information will be regularly updated as new developments arise.

May 2025

Match
Match Group is reducing its workforce by 13% as part of a strategic reorganization aimed at cutting costs and streamlining operations.

CrowdStrike
The cybersecurity firm is laying off 5% of its global workforce—approximately 500 jobs—as part of a strategic plan to enhance operational efficiency and meet its ambitious goals.

General Fusion
This Vancouver-based company focused on fusion energy technology has cut about 25% of its workforce, despite raising $440 million from high-profile investors.

Deep Instinct
The Israeli cybersecurity startup is reducing its headcount by 10%, following similar cuts made last April.

Beam
After announcing major expansion plans just months prior, this British climate startup has closed its operations, resulting in approximately 200 job losses.

April 2025

NetApp
This data storage and cloud services provider is eliminating around 700 jobs, affecting 6% of its workforce as part of its effort to enhance operational efficiencies.

Electronic Arts
EA is reportedly cutting 300 to 400 positions, affecting teams at Respawn Entertainment, all in a bid to realign with long-term strategic priorities.

Expedia
The travel giant is axing about 3% of its workforce, mainly impacting midlevel positions within its product and technology divisions.

Intel
In a shocking move, Intel announced plans to lay off over 21,000 employees—or 20% of its workforce—right before its Q1 earnings call.

March 2025

Northvolt
This Swedish battery maker laid off 2,800 employees following a bankruptcy filing, impacting 62% of its workforce.

Block
Jack Dorsey’s fintech firm let go of 931 employees—8% of its workforce—citing a need for reorganization.

Siemens
The global powerhouse in automation plans to cut approximately 5,600 jobs to improve competitiveness within its electric-vehicle charging business.

February 2025

HP
As part of its "Future Now" restructuring plan, HP will cut up to 2,000 positions in an effort to save $300 million.

GrubHub
Following its sale to Wonder Group, GrubHub announced 500 job cuts, affecting more than 20% of its workforce.

Google
In a new reorganization effort, Google plans to cut employees in its People Operations and cloud organizations, as it seeks to streamline further.

January 2025

Cushion
The fintech startup abruptly closed its operations and will no longer serve its customer base, following a declining outlook.

Stripe
In a leaked memo, the company announced it would lay off 300 workers but simultaneously promises to grow its overall headcount by 17%.

Meta
In a bid to optimize efficiency, Meta is cutting 5% of its staff, focusing on what it terms "low performers."

These announcements paint a vivid picture of an industry undergoing significant turmoil. As more companies engage in layoff measures, the full scope of the impact remains to be seen—a stark reminder of the fragile balance between innovation and employment in the modern age.

The situation continues to evolve, highlighting the intertwined relationship between technology advancement and workforce dynamics. Each company’s decisions echo through the lives of individuals affected, further complicating the narrative of progress in the tech landscape.

This living document will be updated regularly to reflect the latest news on tech layoffs, emphasizing the importance of staying informed in this rapidly changing landscape.