The employment landscape in 2025 has been marked by significant workforce reductions across multiple industries. Just six months into 2025, employers have already announced almost 700,000 job cuts, representing a dramatic 80% increase from the same period last year.
Major Companies Conducting Layoffs in 2025
Tech Giants Leading the Cuts
Microsoft has emerged as one of the most prominent companies in the layoff wave, with Microsoft laying off about 9,000 employees in its latest round of cuts. The cuts have particularly impacted the Xbox division and other key departments.
Google, Disney, and ZoomInfo are also among the companies that are laying off tech workers as summer 2025 begins.
Beyond Tech: Broader Industry Impact
The layoffs extend beyond technology companies. Companies including Walmart, Amazon, Microsoft and Procter & Gamble have announced job cuts in recent weeks, indicating a widespread trend across various sectors.
Ingram Micro, an IT distribution company, is laying off about 850 employees, with a planned layoff expected to be complete by the end of the first quarter of 2025.
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Key Drivers Behind 2025 Layoffs
AI and Cost-Cutting Strategies
Some have cited artificial intelligence as a factor in layoffs, as companies restructure to accommodate new technologies and reduce operational costs.
Startup Funding Challenges
Seed and early-stage startups in particular may continue to conduct layoffs in an attempt to extend their cash runways in a difficult venture funding environment.
Worker Sentiment and Market Impact
The layoff trend has created significant anxiety among workers. Sixty-four percent of Gen Z workers think they could be laid off in the next year, reflecting the widespread concern about job security.
Industry Statistics
According to tracking data, there have been 392 layoffs at tech companies with 93,799 people impacted in 2025 so far, averaging 504 people per day.
Looking Forward
The layoff trend shows no signs of immediate relief, with companies continuing to balance growth strategies with cost management. Organizations are implementing strategic reorganizations while pursuing aggressive hiring in other areas.
Frequently Asked Questions
Microsoft leads with approximately 9,000 layoffs, followed by other tech giants including Google, Amazon, Disney, and ZoomInfo. Beyond tech, companies like Walmart, Procter & Gamble, and Ingram Micro have also announced significant workforce reductions.
The primary drivers include AI-related restructuring, cost-cutting strategies, difficult venture funding environments for startups, and strategic reorganizations to increase profitability.
2025 layoffs represent an 80% increase from the same period in 2024, with nearly 700,000 job cuts announced in just the first six months of the year.