The majority of job cuts in 2025 have been concentrated among U.S.-based technology companies, with Intel leading the global downsizing trend. The chipmaker is expected to reduce its workforce by more than 30,000 employees by the end of the year, bringing its headcount down from nearly 109,000 to around 75,000.
Amazon and Microsoft have also undertaken significant workforce reductions, eliminating tens of thousands of roles combined as they streamline operations and optimise costs. In total, U.S. companies account for nearly 70% of all tech-sector layoffs worldwide this year.
India has also been affected by the wave of restructuring. Tata Consultancy Services (TCS), the country’s largest IT services firm, has announced 12,000 job cuts, bringing India’s total layoffs to more than 17,000 in 2025.
Japanese multinational Panasonic is cutting roughly 4% of its global workforce, resulting in 10,000 layoffs as part of a profitability-focused restructuring strategy.
A substantial portion of these job losses—estimated at around 64,000 roles—has been linked to increased automation and the adoption of artificial intelligence. At Amazon, for instance, Senior Vice President Beth Galetti noted that the company’s shift toward AI-driven operations contributed to 14,000 job cuts. Similarly, Accenture has reduced its workforce by 11,000 employees amid restructuring efforts influenced by automation.
Despite widespread concerns that AI is replacing human workers, RationalFX data analyst Alan Cohen argues that the current trend reflects workforce reorganisation rather than mass displacement.
“This year’s layoffs signal a rebalancing of the workforce,” Cohen said. “While some view this as a warning sign, it is unlikely that AI is replacing employees on a large scale. Instead, companies are trimming roles that automation can handle more efficiently, particularly in administrative, support, and certain engineering functions.”
He added that the companies adapting most quickly to technological transformation are also reshaping their core business models, adopting a strategy of “who adapts fastest, wins.”
Top Tech Companies With the Most Layoffs Since January 2025
Company Country Jobs Cut
Intel U.S. 33,900
Amazon U.S. 19,555
Microsoft U.S. 19,215
TCS India 12,000
Accenture Ireland 11,000
Panasonic Japan 10,000
IBM U.S. 9,000
Salesforce U.S. 5,000
STMicroelectronics Switzerland 5,000
Meta U.S. 4,320
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