Overview

• Layoff tracker Layoffs.fyi shows over 80,000 tech roles cut so far this year across 159 companies, matching last year’s full-year pace.
• Microsoft announced up to 9,100 job cuts in July, largely within its Xbox division, to shift spending toward an $80 billion AI infrastructure push.
• Intel carried out more than 5,000 additional reductions this month in California and Oregon as it pursues efficiency alongside its earlier 22,000-job plan.
• Recruit Holdings eliminated 1,300 positions at Glassdoor and Indeed to focus on AI-powered recruitment products.
• ByteDance, Lenovo and Scale AI also implemented targeted cuts to streamline operations, reduce bureaucracy and fund strategic AI initiatives.