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The year 2025 will go down in history as one of the most volatile years for the job market. Companies are eliminating positions at a rate not seen since the pandemic, leaving hundreds of thousands of people looking for jobs, returning to school, or completely rethinking their careers across industries and countries.
The United States alone has experienced more than 1.1 million layoffs this year, the largest number since 2020 and a significant increase from 2024 levels, according to data aggregated from multiple trackers and business sources.
Several large companies have announced significant layoffs in the technology industry, which has historically been indicative of larger economic trends:
technology sector
Amazon
The US e-commerce giant laid off about 14,000 corporate employees in October in an effort to improve agility and reduce management layers in the face of an AI-driven competitive landscape – the largest layoff in the company’s history.
intel
Intel announced it would cut about 24,000 jobs by the end of the year, reducing its core workforce from about 100,000 to about 75,000. The company claimed this was part of a significant restructuring under its new leadership.
Microsoft
Throughout 2025, Microsoft underwent several waves of layoffs, losing approximately 9,000 employees, or less than 4% of its total worldwide workforce of 220,000. The company is also preparing to eliminate about 6,000 more positions across several divisions. The business argued that it was important to keep expenses under control while allocating more money to cloud computing infrastructure and artificial intelligence.
In 2025, Google implemented waves of layoffs that affected teams across its US operations. As it ramps up its efforts in artificial intelligence, the company eliminated more than 100 design positions in its cloud division in October.
meta
Facebook parent company Meta laid off more than 600 employees in October as part of an ongoing effort to streamline project teams and focus on generic AI investment and development at Reality Labs — primarily from its AI research and development departments.
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Tata Consultancy Services (TCS),
TCS has laid off 6,000 employees worldwide this year and intends to eliminate an additional 6,000 positions in the upcoming fiscal year. For the first time since 2022, TCS currently employs less than 600,000 employees after cutting 19,755 positions in the quarter ended September 30. The company announced its biggest layoffs ever due to the AI boom and strained relations between the US and India.
accenture
The consulting and IT services company said it will eliminate thousands of positions as part of its strategy to make AI capabilities a top priority and adapt to changing customer demands. The company’s entire workforce declined from approximately 791,000 to 779,000 employees, and more layoffs are expected as the company continues to develop AI.
sales force
As part of a significant shift to AI-powered services, Salesforce has eliminated 4,000 customer service positions. The company’s customer service staff dropped from 9,000 to about 5,000 due to a reduction in its AI-driven workforce.
cisco
As part of a significant restructuring, Cisco announced its intention to eliminate approximately 4,250 positions, or 5% of its workforce. Starting in October, 221 positions in its Milpitas and San Francisco offices — 157 in Santa Clara County and 64 in San Francisco — will be eliminated, according to government documents.
Oracle
In 2025, Oracle is cutting hundreds of positions across multiple locations to reallocate funds to cloud computing and AI. Following layoffs in its cloud segment in August, the corporation eliminated 101 positions in Seattle and 254 in San Francisco in September. Oracle reportedly intends to lay off 161 positions in Seattle, 101 more in Santa Clara, and about 200 positions in Pleasanton and Redwood City.
According to publicly tracked layoffs, more than 100,000 jobs have been lost in the tech sector at more than 200 organizations; However, this number may underestimate positions lost due to attrition or informal layoffs.
Logistics and Retail
The logistics sector, traditionally strong in employment generation, faced disruption from automation and changing commerce patterns:
United Parcel Service (UPS)
The biggest blow to its employees this year came from UPS, which announced 48,000 layoffs as part of a restructuring plan. About 34,000 operational jobs will be lost, including thousands of delivery drivers.
The rapid adoption of automation and AI technology has perhaps garnered the most attention for mass layoffs. Many companies argue that AI solutions can automate tasks that were previously completed by human labor, such as content moderation, logistics planning, customer support, and coding assistance.
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