Tech, Finance, and Energy Giants Lead 2025 Layoffs – See the Latest Updates
After launch of artificial intelligence and the continuos development of AI, the job market were in danger, people were in fear of loosing jobs. And the post-pandemic era came with a big fall in job market. In the tech industry, companies like Meta, Amazon, and Google have announced significant layoffs, signaling a cautious economic environment in 2025.
The trend of layoffs has started after 2022 and by 2023 big companies like Meta, Twitter and Amazon have started making significant reductions in the number of employees.
| Year | Layoffs (Approx.) | Key Companies |
| 2022 | Moderate | Startups, Small Firms |
| 2023 | High | Meta, Twitter, Amazon |
| 2024 | Stabilizing | Microsoft, Google, PayPal |
| 2025 | Continuing | Meta, BlackRock, Wayfair |
These mass layoffs have created uncertainty in the market as hiring processes have slowed down and business models have changed. Companies are trying to use AI technology.
| Company | No. of Layoffs | Industry | Reason |
| Wayfair | 1,000 | Retail | Closing operations in Germany |
| Renesas Electronics | 1,000 | Manufacturing | Decreased demand for chips |
| Gazprom | 1,600 | Energy | Downsizing St. Petersburg office |
| BlackRock | 1% of workforce | Financial Services | Strategic realignment |
| Colibrium Additive | 48% of workforce | Manufacturing | Losses in 3D printing tech |
| Tenneco | 140 | Automotive | Global downsizing |
Stay tuned for updates on this evolving story!
Also Read | Saudi Arabia tightens work visa rules for Indian workers
The government of Tamil Nadu has officially signed the 15th wage revision deal for the 1,09,787 employees of all eight…
In a recent case illustrating ongoing challenges in border security, two young men from Brownfield, Texas, pleaded guilty to conspiring…
The United Kingdom government has declared considerable reform on pensions that could boost retirement savings of workers by GBP 6,000…
Japan plans to hire at least 100,000 workers from Bangladesh in the next five years to combat labour shortages. The…
Chevron Corporation announced an approximate 800 jobs cut in Midland County, Texas, effective July 15, 2025. This layoff announcement is…
The International Labour Organization (ILO) has drastically reduced the global employment estimate for 2025 again, from previously estimating 60 million…
This website uses cookies.
Read More
![](data:image/svg+xml;charset=utf-8,<svg height="32px" width="32px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)