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Tech Layoffs Continue: 120,000 employees fired across major companies – not Amazon, Dell, or Accenture, this tech firm laid off the most workers

This year, Intel carried out the most extensive layoffs; the semiconductor manufacturer cut approximately 24,000 positions.

The Global Tech industry has witnessed massive layoffs, and the same trend is expected to continue in 2025. As per the data, major tech companies have collectively eliminated over 120,000 employees.

The new changes reflect the focus on Artificial Intelligence-driven transformations. Layoffs have been seen across every sector, from Chipmakers to It services, cloud, and telecom companies, making it clear that this is not a temporary slowdown, but rather the new layoffs point towards the possibility of a structural shift.

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This company witnessed the largest layoff

This year, Intel carried out the most extensive layoffs; the semiconductor manufacturer cut approximately 24,000 positions. The step was taken by the tech giant to ensure that it had financial stability and could easily transform itself into a foundry based business model.  Tata Consultancy Services followed, where approximately 20,000 employees were laid off. The company cited skill mismatch and the rapid adoption of AI based delivery models as the reason for this.

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Industry Layoffs at a glance

  • Verizon cut off about 15,000 positions as is restructured its operations to reduce costs.
  • Amazon also downsized its corporate workforce, eliminating approximately 14,000 management and administrative roles, reportedly to simplify its organizational structure.
  • Dell Technologies cut nearly 12,000 jobs. The move reflects cost management and a shift toward ai optimized hardware and enterprise services.    
  • Accenture laid off nearly 11,000 employees as client demand increasingly shifts toward generative AI
  • Microsoft also cut about 9,000 jobs, including in its gaming and Azure divisions, as the company focuses on long-term AI infrastructure investments.
  • Toshiba eliminated 5,000 positions as part of its restructuring after privatization.
  • Cisco, meanwhile, has laid off about 4,250 employees and shifted spending toward security and ai development.

All of these figures clearly showcase the process of increasing efficiency and adopting AI in the tech industry in 2025 has deeply impacted the global workforce.

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