Advertising
Global Mergers, Local Ripples: Consolidations reshape India's ad land as clients seek 'single-window' partners
2025 tech layoffs: Microsoft, Google, LinkedIn among companies cutting thousands of jobs
Meta has announced to fire 3,600 employees as part of a performance-driven restructuring in 2025
Over 60,000 tech employees laid off as of June 2025 (Image: Pexels)
Global tech companies have laid off more than 60,000 employees as of June 2025, with Microsoft firing over 6,000 of its workforce alone. Apart from Microsoft, tech giants like Google, Intel, and the job search platform LinkedIn also laid off hundreds of staff until June 6. Companies attributed the layoff as part of cost-cutting measures, streamlining of work operations, and restructuring of global businesses among others.
Additionally, global uncertainty, tariff war, and inflationary pressures were the other key factors behind the layoffs.
According to the analysis by Storyboard18, the major layoffs happened in May, with more than 16,000 employees showing pink slips.
'Tech layoffs in 2025'
Microsoft fired more than 6,000 staff to streamline its operations, impacting majorly the middle management staff. CEO Satya Nadella highlighted that the job cuts were due to "reorganization rather than performance".
Meta also announced major job cuts this year. Billionaire Mark Zuckerberg-owned tech behemoth has announced to fire 3,600 employees as part of a performance-driven restructuring. Zuckerberg said the company will cut low-performing employees this year. Meanwhile, Meta has laid off employees from the Reality Labs division, which is responsible for developing apps and games for Quest VR headsets.
According to a Bloomberg report, Salesforce is another firm that has fired 1,000 staff in a restructuring exercise.
Early this week, professional networking platform LinkedIn laid off 281 employees across California. The affected employees were mainly software engineers, product managers, and account directors.
Reports have also emerged that e-commerce giant Amazon is planning to cut 14,000 jobs this year. The company has already fired 200 employees in January 2025. It recently laid off 100 employees from its Deices and Service division.
Search engine giant Google trimmed around 200 jobs from its Global Business Organization, Pixel, Android, and Chrome divisions. Disney hit by major global layoffs across TV & film entertainment, corporate finance
The Walt Disney Company has also initiated job cuts across various departments. According to a BBC report, professionals in film, television, marketing, publicity, casting, corporate, and finance departments are impacted by the latest round of layoffs. The media giant eliminated 7,000 jobs in 2023 as part of a $5.5 billion cost-saving plan.
SPOTLIGHT
Storyboard18's signature initiative 'Share The Spotlight' returns with its Delhi edition, bringing together business leaders and changemakers to honour women rewriting the rules and sparking transformation.
Read MoreIN PHOTOS: At Global Pioneers Summit, visionaries chart the future of business and creativity
From the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.