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Updated Jan. 28.
Amazon announced on Jan. 28 it would cut about 16,000 more roles across the company, following an October trim of 14,000 jobs.
An internal memo said the company was “working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy.”
The memo also said the company would “continue hiring and investing in strategic areas and functions that are critical to our future.”
Earlier in the week, the company said it is closing all 72 Amazon Fresh and Amazon Go stores across the country, and would concentrate its efforts on its Whole Foods retail markets and on online grocery delivery via Amazon.com.
The company did not announce how many employees will be impacted.
The tech industry is sometimes seen as a bellwether of what’s happening in the broader economy. Layoffs could signal that investor confidence is declining and even slowing economic growth.
» MORE: How is the economy doing?
The total number of tech layoffs in 2025 was 122,549 across 257 companies according to layoffs.fyi., which tracks job cuts in the tech industry. That’s down from 152,922 employees laid off from 551 companies in 2024, according to layoffs.fyi.
Companies that announced layoffs in waves of more than 10,000 workers included some of the biggest names in tech: Intel, Amazon, Tesla, Google, Meta and Microsoft.
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Unemployment has slowly ticked up from 3.5% in late 2022, hitting 4.4% for December.
What tech companies laid off workers in 2025?
Tech layoffs were relatively modest in December, according to Layoffs.fyi. Notable layoffs (more than 1,000 workers) are listed below for earlier months.
November:
- HP, the information technology giant, announced planned layoffs of up to 6,000 employees.
- Synopsys, which provides tools and services to the chip industry, cut about 2,000 jobs.
October:
- Amazon confirmed 14,000 corporate job cuts across multiple divisions.
- Paramount Skydance, an entertainment and media conglomerate, will begin trimming 1,000 jobs following a recent merger, several sources reported.
- Applied Materials, a producer of chipmaking equipment, said it would cut 4% of its global workforce (an estimated 1,400 jobs) in the face of a sales slowdown sparked by trade turmoil.
September:
- In early September, Salesforce laid off 385 workers. This came after the company laid off 4,000 workers on Aug. 31.
July:
- Throughout July, Intel announced mass layoffs at multiple U.S. locations. On July 11, the company said that around 2,400 workers in Oregon would be laid off — up from its initial plans to lay off 500 workers. The company also said it would be cutting 1,935 jobs in California at its Folsom and Santa Clara locations. And in Chandler, Ariz., nearly 700 positions will be eliminated. Estimates place the total Intel layoffs in the U.S. at about 5,000.
- Indeed + Glassdoor announced plans to lay off 1,300 positions, as part of restructuring efforts.
- Microsoft laid off about 4% of its global workforce or roughly 9,000 employees.
May:
- nCino, a fintech company, laid off 1,880 people or 7% of its global staff.
- Microsoft laid off 6,000 workers, or about 3% of its staff.
April:
- Intel said it was planning to lay off 22,000 workers, or about 20% of its staff.
March:
- Hewlett Packard Enterprise (HPE) said it would lay off 2,500 workers or 5% of its staff.
February:
- HP, the information technology giant, laid off 2,000 workers.
- Autodesk, a software corporation, laid off 1,350 workers or 9% of its staff.
- Blue Origin, a space technology company owned by billionaire Jeff Bezos, laid off 1,000 workers or 10% of its staff.
- Meta laid off 3,600 workers or about 5% of its staff.
January:
- Microsoft confirmed that it would be cutting staff this year. Reports estimate about 1% of its global workforce would be impacted.
- Meta said that it would lay off 5% of its staff, or about 3,600 workers.
When did all of the tech layoffs start?
Roger Lee, creator of Layoffs.fyi, has been following layoffs in tech since 2020 as startups started laying off employees during the early days of the pandemic. According to Lee, the pandemic created an opportunity for people to increasingly turn to the Internet for work, shopping and socializing. In response, tech companies went on a hiring spree to meet consumer demand.
This growth in tech employment started in late 2020 and lasted through 2021. At the same time the Federal Reserve’s policy slashed interest rates throughout 2021, which enabled tech companies to raise capital and invest in growth, Lee said. But both trends reversed in early 2022.
The majority of layoffs at the beginning of 2022 came from startups, according to Lee. But in late 2022 and early 2023 it started to creep into bigger tech, as well. Lee also said that “Big Tech” layoffs like those seen at Meta and Twitter “present a unique opportunity to recruit a caliber of talent that would've previously been impossible to attract.”
(Photo by Stephen Brashear/Getty Images)
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