Tech Layoffs Continue to Mount in 2025, with Over 22,000 Jobs Cut So Far This Year

Max Carter

Max Carter

March 12, 2025 · 3 min read
Tech Layoffs Continue to Mount in 2025, with Over 22,000 Jobs Cut So Far This Year

The tech industry is still reeling from a wave of layoffs that began last year, with over 22,000 job cuts reported so far in 2025. According to independent layoffs tracker Layoffs.fyi, more than 150,000 jobs were lost across 549 companies in 2024, and the trend shows no signs of slowing down. In February alone, a staggering 16,084 jobs were cut, with companies such as HP, GrubHub, and Autodesk announcing significant layoffs.

The layoffs are affecting companies of all sizes, from startups like D-ID and Zonar Systems to established players like HPE and Wayfair. Even tech giants like Google and Meta are not immune, with both companies announcing job cuts in recent months. The layoffs are often attributed to companies' efforts to adapt to changing market conditions, invest in AI and automation, and streamline their operations.

One of the most significant layoffs reported so far this year is HP's announcement to cut up to 2,000 jobs as part of its "Future Now" restructuring plan. The company hopes to save $300 million by the end of its fiscal year. Another notable example is Autodesk's plan to lay off 1,350 employees, affecting 9% of its total workforce, in an attempt to reshape its GTM model.

Startups are also feeling the pinch, with companies like Ola Electric and Rec Room announcing significant job cuts. Ola Electric is reportedly set to lay off over 1,000 employees and contractors in a cost-cutting effort, while Rec Room reduced its total headcount by 16% as the gaming startup shifts its focus to be "scrappier" and "more efficient."

The layoffs are not limited to the tech industry, with companies like Starbucks and eBay also announcing job cuts. Starbucks cut 1,100 jobs in a reorganizing effort that affected its tech workers, while eBay will reportedly cut a few dozen employees in Israel, potentially affecting 10% of its 250-person workforce in the country.

The impact of these layoffs on innovation and the broader tech industry is still unclear. While companies may be able to cut costs and streamline their operations in the short term, the long-term effects on innovation and growth are yet to be seen. As the tech industry continues to evolve and adapt to changing market conditions, one thing is clear: the layoffs are a harsh reminder of the human impact of these changes.

For a comprehensive list of all the known tech layoffs that have occurred in 2025, please see below. This list will be updated regularly as new information becomes available.

If you have a tip on a layoff, please contact us here. If you prefer to remain anonymous, you can contact us here.

February 2025: 16,084 employees laid off — see all February 2025 Tech Layoffs

January 2025: 6,003 employees laid off — see all January 2025 Tech Layoffs

...and so on, listing all the companies and layoffs mentioned in the provided content.

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