The tech layoff wave continues to ripple through the industry in 2025. According to Layoffs.fyi, over 150,000 jobs were cut across 549 companies in 2024. This year, more than 22,000 workers have already been affected, with 16,084 layoffs recorded in February alone, highlighting a worrisome trend as companies reorganize amidst increasing automation and AI integration.
TechCrunch’s ongoing layoffs tracker provides a month-by-month breakdown of job reductions throughout 2025, offering a clear view of how deeply these cutbacks are impacting innovation and employment in tech.
Layoffs by Month (2025):
- January: 2,403 layoffs
- February: 16,234 layoffs
- March: 8,834 layoffs
- April: Over 24,500 layoffs
- May: 10,397 layoffs
- June: 1,606 layoffs
- July: 16,142 layoffs
Related: ChatGPT Mobile App Surpasses $2B in Global Consumer Spending
Latest Layoff Snapshots (August):
- Peloton: Cutting 6% of its workforce, its sixth such round in just over a year, aimed at preserving long-term business health.
- Kaltura: Reducing 10% of staff (~70 employees) to trim $8.5 million in operating costs; plans to maintain and gradually grow its sales and marketing budgets, supported by rising use of its AI-powered tools.
- Yotpo: Laying off around 200 employees, roughly 34% of its global staff, as it shutters email and SMS marketing operations, shifting focus to AI tools like automated review summaries and smart loyalty tiers.
Further illustrating the ongoing consolidation and cost-cutting across tech, additional sources report even broader layoffs. For example, in August:
- Amdocs initiated global layoffs amid a major reorganization to integrate generative AI across its organization.
- Oracle cut 188 jobs across the Bay Area as part of continued reductions in its cloud and enterprise operations.
Across the broader industry, companies from giants like Intel and Microsoft to smaller startups are trimming staff, reflecting an era where aggressive cost reductions and AI-enabled automation are reshaping the employment landscape in tech.