The world’s biggest tech companies across the globe are in a cost-cutting mode. A wave of layoffs has rattled the tech industry leaving tens of thousands of people without jobs. According to Layoffs.fyi, the website tracking all the recent developments, around 218 tech companies reduced their headcounts in 2025, among which 112,732 tech employees lost their jobs.

Most tech companies have attributed the layoffs to changing patterns such as AI-driven shifts, and slower economic growth. Tech giants like Amazon, Intel, and TCS have slashed thousands of roles, impacting IT services, consulting, and manufacturing globally.

Amazon is cutting up to 14,000 corporate roles — nearly 4% of its corporate workforce — across business units including cloud, operations and HR. Intel plans to reduce its global workforce by about 24,000 employees in 2025, roughly 22% of its total workforce, as it undergoes restructuring. TCS has cut 12,000 jobs in the quarter ending September 30, 2025 — its steepest job reduction, affecting mid and senior level roles. (Note – TCS’s headcountdropped by 20,000 in Q2)

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Amazon lays off 14,000 jobs:Amazon is laying off up to 30,000 workers, one of its biggest job reductions in its history, news agency Reuters reported. The departments likely to be worst hit are corporate, HR, operations, devices, and AWS and the mass firing comes after years of aggressive hiring during the pandemic. The decision reflects Amazon’s push to run the company “like the world’s largest startup,” according to Beth Galetti, SVP of People Experience & Technology.

Amazon CEO Andy Jassy cited AI adoption, earlier overexpansion and the need to cut management layers. He said the company needs to review its spending as it plans to invest a huge chunk in artificial intelligence. In an internal memo, he told employees that most would get 90 days to find new positions internally. On October 29, the company conducted the first round of layoffs, sending notice to around 14k employees.

Intel cuts 24,000 jobs:Intel has informed that it plans to cut around 24,000 jobs, thus bringing its core headcount down from nearly 100,000 to approximately 75,000 by year-end. US, Germany, Costa Rica and Poland are likely to be impacted due to the layoffs. The company has been struggling to keep up with rivals like Nvidia and AMD amid a global slowdown in PC demand.

Government filings have revealed that Intel is cutting 5,000 jobs across four US states alone, with most cuts concentrated in California and Oregon, while additional reductions affect facilities in Texas and Arizona, as per a TOI report. The chipmaker company has reportedly planned to lay off nearly 2,400 workers in Oregon, almost five times more than initially announced.

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TCS cuts nearly 20,000 jobs: Tata Consultancy Services (TCS) has laid off 6,000 employees worldwide this year and plans to cut another 6,000 jobs in the next fiscal. TCS, India’s largest IT exporter and private-sector employer, said it is reorganising teams to focus more on automation and AI-led growth. The company announced its steepest job-cuts ever due to the AI boom and the strained India-US ties.

TCS cut 19,755 jobs in the quarter ending 30 September 2025 — its largest reduction ever — and now has fewer than 600,000 employees for the first time since 2022. Chief Human Resources Officer Sudeep Kunnumal told analysts that the ongoing restructuring primarily targets mid- and senior-level roles affected by what he called a “skill and capability mismatch.” For the first time since 2022, the company’s headcount has dropped below the 60,000 mark.

Accenture lays off thousands of employees: Consulting and IT services firm Accenture has announced it will cut thousands of jobs as part of its plan to prioritize artificial intelligence capabilities and align with changing client demand. The company, while sharing its quarterly earnings, said that more layoffs could follow in the coming months. CEO Julie Sweet stated that many roles could not be reskilled for new AI-driven needs, forcing the consulting giant to make the layoff decision. The company’s total headcount fell from roughly 791,000 to 779,000 employees, with further cuts planned as AI expansion continues across the organisation.

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Microsoft lays off 9,000 employees: Microsoft has laid off close to 4,000 employees, most of them in its software engineering departments, according to Bloomberg. The company is also preparing for nearly 6,000 additional job cuts across departments. The tech giant has carried out multiple rounds of layoff in 2025, ultimately cutting around 9,000 employees, or less than 4% of its global workforce of around 220,000.

The company said it needs to cut costs and increase spending on artificial intelligence and cloud computing. This comes after an earlier round of 10,000 job cuts in 2023. The job cuts this year impacted various departments- from software engineers, product managers, technical program managers, marketers to legal counsels. In January, Microsoft laid off some employees based on performance reviews. Those workers were not given severance pay, and their benefits, including medical insurance, ended immediately.

Salesforce cut 4,000 support jobs: Salesforce has cut 4,000 customer support jobs as part of a major shift toward AI-driven services. The company’s customer support headcount has dropped from 9,000 to around 5,000 employees amid AI-driven workforce reduction. CEO Marc Benioff directly attributed the layoffs to artificial intelligence’s ability to automate routine customer interactions. He said in September, “I was able to rebalance my headcount on my support. I reduced it from 9,000 heads to about 5,000 because I need fewer heads.”

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Benioff said Salesforce’s AI now handles about half of all customer conversations, helping the company operate more efficiently without affecting service quality. This is in sharp contrast to a statement he made in July when he said AI would support employees and that “the humans are not going away.” Earlier in the year, Salesforce cut over 1,000 jobs from its 73,000 employees in February and another 262 roles at its San Francisco headquarters in September.

Cisco laid off 4,250 positions: Cisco has announced plans to cut around 4,250 jobs, or 5% of its workforce, as part of a major restructuring, adding that it is focusing on growth areas such as artificial intelligence, cybersecurity, and cloud networking. Government filings show that 221 roles will be cut in its Milpitas and San Francisco offices, including 157 in Santa Clara County and 64 in San Francisco, with terminations effective in October.

Sources said Cisco aims to evolve from a hardware maker to a software and subscription-based services company, keeping in mind the broader industry trends toward cloud computing and software-defined networks. The company has also acknowledged that layoffs are part of its plan to shift resources from traditional hardware products to emerging technologies.

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Google’s multiple layoffs in 2025: Google carried out several rounds of job cuts in 2025, affecting teams across its US operations. In October, the company cut over 100 design roles in its cloud division as it increased investments in artificial intelligence.

In April, hundreds of jobs were cut in the Platforms and Devices unit, which manages Android, Pixel, and Chrome. Another round in February affected staff in the People Operations and cloud teams, with a voluntary exit program offered to some U.S. employees. The series of cuts reflects Google’s strategy to move resources away from mature products and toward AI research and development.

Meta layoffs: Facebook-parent company Meta has laid off 600 employees from its artificial intelligence department. The layoffs were announced on October 23 by Chief AI Officer Alexandr Wang. Meta has asked those laid off to apply for roles in other departments, while continuing to hire for AI-focused positions.

Chief AI officer Alexandr Wang said in an internal memo, “By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact.” The cuts followed CEO Mark Zuckerberg’s earlier plan to remove 5% of staff in 2025, targeting “low performers.” In February, Meta began several thousand layoffs across teams managing Facebook, Horizon VR, and logistics.

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Oracle trims workforce: Oracle cut hundreds of jobs across multiple locations in 2025 as it reallocates spending toward AI and cloud computing. In September, the company removed 101 jobs in Seattle and 254 in San Francisco, following August layoffs in its cloud division. Additional filings show Oracle plans to cut 101 more jobs in Santa Clara, along with nearly 200 in Pleasanton and Redwood City, and 161 in Seattle. Sources told Bloomberg that the unspecified number of layoffs are a part of a restructuring to shift focus toward cloud services and reduce traditional database licensing costs.

UPS cuts 48,000 jobs: United Parcel Service gave the biggest shock to its workforce this year, announcing 48,000 layoffs as part of a restructuring plan. Around 34,000 operational jobs, including thousands of delivery drivers, will lose their jobs. Another 14,000 management roles will be slashed after the company closed 93 facilities across the US, hit by Trump tariffs and plunging stock prices. The CEO called it the “most significant strategic shift” in UPS’s history.

The layoffs follow a decline in Amazon deliveries and are part of a plan to halve UPS’s Amazon business by mid-2026. The company is closing 73 U.S. buildings and automating 400 facilities to cut labor expenses.

Ford plans up to 13,000 layoffs: Ford is in the process of cutting between 8,000 and 13,000 jobs in 2025 as it reorganizes its operations to focus on electric vehicles (EVs). The reductions affect teams in the Model e EV division, commercial operations, U.S. legacy departments, and European manufacturing units. The job cuts are part of Ford’s plan to reduce costs and separate its EV business from its traditional vehicle operations.

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PWc cuts 5,600 jobs globally: PwC cut about 5,600 jobs worldwide in 2025, including 1,500 in the U.S., mainly in audit and tax divisions. The firm said lower employee turnover created an imbalance in workforce planning.

“This was a difficult decision, and we made it with care, thoughtfulness, and a deep awareness of its impact on our people,” a PwC spokesperson said. The firm is redirecting resources toward advisory and sustainability consulting while integrating AI and automation into its processes.

Paramount lays off 2,000 employees: Paramount Global laid off about 2,000 workers in 2025 as it struggles with streaming losses and declining ad revenue.

The layoffs mainly affected streaming operations, production teams, and administrative staff. CEO Bob Bakish said the reductions aim to help the company regain earnings growth after heavy investments in Paramount+ failed to deliver expected returns. The company said it is cutting 3.5% of its U.S. workforce, following a 15% reduction in 2024. Paramount employed 18,600 workers at the end of last year.