Apr 10, 2025

Record Tech Layoffs: 27,000 Techies Fired By 100 Firms In 2025 Record Tech Layoffs: 27,000 Techies Fired By 100 Firms In 2025 The tech layoffs that happened this year have sparked the concerns among employees globally. The fear has become real as described by some of industry leaders concerning the rising tariffs on the countries by the United States. Tech Layoffs Affecting Thousands of Employees So far, the tech layoffs in the country have affected thousands of employees from nearly a hundred companies in 2025. This is triggered by multiple reasons including restructuring, adoption of AI and automation, shutting down business, or facing intense competition amid economic and global pressure. In recent times, several new companies such as WordPress developer Automattic, Jack Dorsey’s Block and Siemens have announced massive job cuts caused by multiple reasons. It appears that the job cuts in 2025 in the technology sector affected 27,762 employees from 100 companies as mentioned by that layoffs tracking website, Layoffs.Fy. Prior to this, 549 companies had laid off 152,472 employees from the tech sector last year . The move was affected by the rising threat of Donald Trump tariffs, experts and leaders predicted that layoffs may be the only option to avoid high import taxes. In recent times, the tech companies laid off employees from their workforce to address their problems in 2025. Some Major Layoffs Across The Industry In order to improve its productivity, profit and investment capacity, WordPress developers laid off around 280 employees, cutting 16% from its workforce across various departments. Twitter co-founder Jack Dorsey’s Block is in news as he laid off 931 employees, reducing the workforce by 8% as a part of restructuring efforts. Similarly, a Swedish battery making company, Northvolt laid off around 2,800 people from its workforce of 4,500 employees. According to the company, it was performance-based job cuts. The popular website Canva had cut 10 jobs and told its employees to use genAI tools as per the data displayed on Layoffs.Fyi website. Similarly, the tech giant Siemens announced its plan to lay off nearly 5,600 employees in its automation and EV charging business. The list doesn’t end there as there are many others including Palantir, Brightcove, HelloFresh who laid off hundreds of employees. Apart from these there are others which are expected to lay off more employees as part of restructuring, competition, artificial intelligence, automation or high tariffs. The leading provider of mortgage financing in the U.S., Fannie Mae Lays Off 200 Telugu Employees for Misuse of ‘Matching Grants Programme’, affecting 700 employees. This would also affect the Indian industry as they are predicting to cut the jobs as they could not afford 26% high taxes Amid Donald Trump Tariffs rise. The experts are predicting that the industry may go through the biggest layoffs round. In the meantime, the Indian government will be talking on the subject of lowering tariffs.