What’s the story
The global tech industry is witnessing a massive wave of layoffs, with over 112,700 employees losing their jobs this year.
According to Layoffs.fyi, a website that tracks job cuts across industries, some of the world’s largest technology companies have been forced to downsize their workforces.
The trend has been largely attributed to changing market dynamics such as AI-driven shifts and slower economic growth.
Amazon and Intel
Amazon, one of the hardest hit companies, is laying off up to 14,000 corporate roles and potentially up to 30,000 workers overall in what could be one of its largest job cuts ever.
The move comes after years of aggressive hiring during the pandemic. Amazon CEO Andy Jassy said that AI adoption and earlier overexpansion prompted this decision.
Meanwhile, Intel plans to cut about 24,000 jobs or nearly 22% of its total workforce as part of a restructuring process.
TCS and Accenture
Tata Consultancy Services (TCS), India’s largest IT exporter, has laid off 19,755 employees in the quarter ending September 30, 2025, and plans to cut another 6,000 jobs in the next fiscal.
The company is reorganizing teams to focus more on automation and AI-led growth.
Meanwhile, consulting and IT services firm Accenture has announced plans to cut thousands of jobs as part of its strategy to prioritize artificial intelligence capabilities.
Microsoft and Salesforce
Microsoft has laid off approximately 9,000 employees throughout 2025. The company said these layoffs are part of cost-cutting measures while increasing investments in artificial intelligence and cloud computing. Salesforce has also cut customer support jobs as part of a major shift toward AI-driven services.
Cisco, Google, and Meta
Cisco has announced plans for significant job cuts (around 5% of its workforce or some 4,250 jobs) as part of a restructuring effort focusing on growth areas such as artificial intelligence and cybersecurity.
Google has also carried out several rounds of job cuts affecting teams across its US operations while increasing investments in artificial intelligence.
Facebook-parent company Meta has laid off employees from its AI department while continuing to hire for AI-focused positions.
UPS, Ford, and PwC
United Parcel Service (UPS) has announced major layoffs as part of a restructuring plan amid declining business volumes.
Ford is reorganizing operations with a focus on electric vehicles (EVs) and plans significant job cuts across various divisions.
PricewaterhouseCoopers (PwC) has also cut about 5,600 jobs globally mainly in audit and tax divisions.
