Overview
- Fresh tracker data shows the 2025 cuts span hundreds of companies, with firms describing a structural pivot driven by automation, overexpansion during the pandemic, and slower growth.
- Amazon has begun one of its largest reductions, targeting up to 30,000 roles including about 14,000 corporate jobs, and is giving many affected staff roughly 90 days to pursue internal moves.
- Intel plans to eliminate about 24,000 positions across multiple countries, while TCS reported 19,755 reductions in the September quarter that focused on mid- and senior-level roles.
- Accenture trimmed thousands of jobs as it prioritizes AI offerings, Microsoft cut around 9,000 roles, Salesforce eliminated 4,000 support positions as more customer interactions move to AI, and Cisco is laying off roughly 4,250 employees.
- The retrenchment reaches beyond core tech as UPS, Ford, PwC, and Paramount Global announce sizable reductions linked to automation, shifting strategies, and weaker demand.