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HomePersonal FinanceAmazon, Meta, and Google continue to experience layoffs, with over 100,000 tech...

Amazon, Meta, and Google continue to experience layoffs, with over 100,000 tech jobs lost

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Tech Layoffs: The world of technology is going through a deep crisis this year. While artificial intelligence (AI) and automation are giving companies a new impetus, they are also taking thousands of jobs. From Silicon Valley in the US to Bengaluru, the tech sector is experiencing such a wave of layoffs that more than 218 companies have fired over 100,000 employees so far. According to data platform Layoffs.fyi, 2025 is shaping up to be the year of the largest job cuts in years.

Intel and Amazon suffer the biggest setbacks

American chipmaker Intel has announced the largest layoffs this year. The company has laid off 24,000 employees, representing approximately 22% of its global workforce. This wave of layoffs has occurred across its offices in the US, Germany, Costa Rica, and Poland. Amid stiff competition from rivals like Nvidia and AMD, Intel is now working to reduce costs and increase its focus on AI-based products.

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Amazon has also eliminated approximately 14,000 corporate employees. CEO Andy Jassy stated that the company now wants to operate like the “biggest startup,” meaning lower expenses and more innovation. The layoffs primarily impacted operations, HR, and the cloud division.

Team size also reduced in Microsoft, Google, Meta

Microsoft has laid off nearly 9,000 employees this year, primarily from its software and product division. Meanwhile, Google and Meta (Facebook’s parent company) have cut their Android, hardware, and AI units to eliminate overlapping roles and control costs. Oracle has also shifted its strategy toward AI-driven cloud services, laying off hundreds of employees in the US.

Echoes of layoffs in the Indian IT sector too

The wave of layoffs has now reached India. Tata Consultancy Services (TCS), the country’s largest IT company, cut nearly 20,000 employees in the July–September quarter of FY2025, believed to be the largest quarterly reduction in the company’s history. TCS cited AI-based restructuring and skills gaps as reasons for this. Other IT companies are also pausing new hiring as automation is reducing the need for mid-level jobs.

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Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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