The Tech Industry's Workforce Crisis: 90,471 layoffs so far in 2025, projected to reach 236K by the end of the year

Since the beginning of 2025, there have been 90,471 announced layoffs across the global tech industry, as companies continue to double down on downsizing and cost-cutting efforts.

- Alan Cohen

American companies lead the trend, accounting for 65,545 layoffs, about 72.5 percent of the total. Companies that have slashed the most jobs so far in 2025 are Intel (21,780), Panasonic (10,000), and Microsoft (8,840).

Economic uncertainty, high interest rates, and the accelerating shift toward automation and Al continue to drive mass layoffs across the tech sector. It's not just individuals being made redundant; entire roles that were once deemed essential are disappearing from the workforce. In response to this trend, the team at RationalFX investigated the wave of layoffs, analysing the number of job cuts that have occurred so far in 2025.

Based on figures from several sources, including TrueUp, TechCrunch, and Layoffs.fyi, we identified the companies with the most significant workforce reductions. So far in 2025, more than 90,471 people have been laid off, and if the trend continues at the same rate, this number will reach 235,871 by the end of the year.

With the biggest tech hub in the world being located in the US, it is no wonder that the vast majority of layoffs in 2025 would be reported by American companies. Currently, US-based company job slashes account for 72.5 percent of the 90,471 reported across the globe. Panasonic's recent four percent workforce decrease, affecting 10,000 jobs, has pushed Japan to second place. The Japanese technology conglomerate's latest role slashes aim to boost profitability and streamline operations. The tech industry in Sweden has also suffered a blow in 2025, with more than 3,000 people losing their jobs asa result of the recent bankruptcy of battery manufacturer Northvolt. Other countries where tech roles have been slashed in the thousands include Switzerland, India, Indonesia, and the UK.

Tech Companies boost Profits while Trimming Global Workforces