Outlook Business Desk
Global tech layoffs continue to impact workers worldwide despite a slight slowdown. According to independent tracker Layoffs.fyi, around 122,549 employees from 551 companies have been laid off over the past year as artificial intelligence reshapes business priorities across the sector.
In July, Intel announced it had largely completed reducing 15% of its workforce. The company, which had 109,800 employees at the end of 2024—including 99,500 core staff—aims to finish the year with roughly 75,000 core employees.
Amazon announced in October that it would eliminate 14,000 corporate roles, marking its biggest-ever layoff round. The e-commerce giant said the move would help redirect resources towards long-term priorities, including stepped-up investments in AI.
Tech giant Microsoft has cut a total of 15,000 jobs through 2025. Its most recent restructuring in July resulted in 9,000 layoffs, as the company reorganised teams while accelerating its artificial intelligence-driven business strategy.
Tata Consultancy Services (TCS) said it would cut about 2% of its workforce, affecting nearly 12,000 employees. The company rejected claims of AI-led replacement, stating the move was due to skills mismatch and changes in its business model.
Salesforce confirmed cutting 4,000 customer support roles with AI handling up to half its workload. Meanwhile, Meta plans to lay off 600 AI division staff, while Google reduced design roles and AI contractors.
The German technology company Siemens cut 5,600 jobs in its Digital Industries division in March. These layoffs represent just over 8% of the 68,000 employees working in Digital Industries worldwide.
iPhone maker Apple laid off dozens of sales employees across the United States in November, according to a Bloomberg report, marking a rare job cut for the tech giant, though the exact number remains unverified.
In November, US wireless carrier Verizon announced it would lay off over 13,000 employees, marking its largest-ever single job cut as part of efforts to reduce costs and restructure operations.