We have only crossed about two months into 2025 and many big corporates, including tech companies have already announced major layoffs for the year. About 53 tech companies have laid off at least 13,353 employees in 2025 so far, according to data shared by layoffs.fyi.
Headcount reductions are happening at unprecedented rates in many sectors, impacting thousands of employees across the world, in the name of cost-cutting, restructuring, and adjusting to lower demand. Here, we have complied a list of major companies that have announced layoffs in the year 2025 till date.
Feb 18, 2025: NASA to cut 2,000 jobs amid workforce reduction
NASA laid off 10% of its workforce, according to reports. These layoffs are a result of federal buyouts and the firing of probationary workers. Around 750 NASA employees have accepted the deferred resignation buyout offered by President Trump’s administration to federal employees. NASA is the largest space agency in the world, employing about 18,000 civil servants.
Feb 17, 2025: Southwest Airlines announces to cut 15% jobs
Dallas-based Southwest Airlines announced that it would cut about 15% of its corporate workforce or 1,750 roles. This marks the airline’s first major layoffs in 53 years. It would affect corporate overhead and leadership roles, including senior leadership and directors. The job cuts, which are scheduled to be completed by the end of June 2025, are part of a plan by the airline to slash costs and transform the company into a “leaner, faster, and more agile organisation,” Southwest CEO Bob Jordan said.
Feb 13, 2024: Blue Origin to lay off about 10% staff
Blue Origin announced a company-wide layoff of about 10% of its employees to cut costs and ramp up rocket launches. The layoffs are likely to affect about 1,400 employees, mostly in Florida, Texas and Washington.
Feb 12, 2025: JPMorgan Chase begins about 1,000 layoffs
JPMorgan Chase started a fresh round of layoffs, likely to affect about 1,000 employees. It plans to make several more rounds of cuts by the end of the year, calling them part of the “regular management of the business”, according to reports.
Feb 12, 2025: Chevron to slash up to 20% of its global workforce
Chevron announced plans to cut 15% to 20% of its global workforce by the end of 2026. It would affect about 6,000 to 8,000 employees, as the company seeks to cut costs, simplify its business, and complete a major acquisition. The US oil producer has faced production challenges, including cost overruns and delays in one of its oilfield projects.
Feb 12, 2025: Crytek to trim 15% of its workforce
German developer Crytek announced that it would cut 15% of its workforce, affecting employees on its development and shared services teams. This decision follows its announcement in Q3 2024 that the development of Crysis 4 to be put on hold due to unfavourable market dynamics.
Feb 10, 2025: Meta to cut 3, 600 jobs, about 5% of its workforce
Meta announced another round of layoffs in 2025, targeting low performers. It is likely to reduce its workforce by 5%, about 3,600 workers, and replace them with new employees. Meta CEO Mark Zuckerberg, in an internal memo, has emphasised the need to “raise the bar on performance management” and remove those who are not performing. This follows Meta’s major layoffs in 2022 (11,000 employees) and 2023 (10,000 employees).
Feb 7, 2025: Estee Lauder to cut up to 7,000 jobs
New York-based luxury skincare and makeup brand Estee Lauder announced that it will cut 7,000 jobs by the fiscal year 2026. The layoffs would constitute over 11% of its workforce. It plans to cut jobs after suffering losses in the recent quarter in addition to a 6% fall in sales.
Feb 7, 2024: Infosys confirms 300 exits of trainees
Infosys issued a statement clarifying that about 300 trainees were let go, all of whom had failed to pass its internal assessments. The company emphasised that these dismissals were conducted as part of its standard procedures, ensuring that only qualified candidates move forward in their careers at Infosys.
Feb 6, 2025: Sonos fires 200 employees to focus on smaller teams
Audio technology company, Sonos has laid off 200 employees as part of its restructuring process. This comes as Sonos wants to reduce staffs and focus on smaller, more efficient teams to improve decision-making and streamline collaboration. The announcement was made by CEO Tom Conrad, highlighting the need for the company to be more profitable amid ongoing challenges.
Feb 6, 2025: Workday slashes 8.5% of its workforce
Finance and human resources software company, Workday has cut 1,750 jobs, about 8.5% of its workforce, in a major restructuring move. In a note to employees, CEO Carl Eschenbach said the mass layoffs were a «difficult, but necessary, decision» as the company clears resources to help expand its global presence and prioritises the demand for artificial intelligence.
Feb 4, 2025: Salesforce to cut 1,000 jobs
American cloud-based software company, Salesforce has cut 1,000 jobs. However, the leading maker of customer management software is reportedly on a hiring spree for salespersons focused on its new AI agent products. Displaced employees could be absorbed if they apply for other positions within the company. It appears that affected employees with transferable skills will have a chance to regain employment.
Jan 30, 2025: Amazon announces new round of layoffs
Amazon is again planning job cuts in its communications and sustainability divisions, the e-commerce giant said. The fresh layoffs were part of a series of cuts to reduce costs and streamline operations. It has been cutting jobs since 2022, when it laid off 27,000 employees.
Jan 28, 2025: Kohl’s trims its workforce by 10%
Kohl’s has reduced about 10% of its corporate workforce to improve profitability, it said. The layoffs follow its announcement to close 27 less-performing stores by April 2025, as well as an e-commerce fulfilment centre in California. The department store chain had about 96,000 employees in 2023, including nearly 36,000 full-time and 60,000 part-time workers.
Jan 23, 2025: CNN announces layoffs to revamp its digital strategy
CNN would cut around 6% of its workforce to revamp its digital strategy, it announced. CEO Mark Thompson said that CNN would soon unveil a new streaming service, a redesigned digital footprint and new subscriber services, as well as the new show line up. CNN parent company Warner Bros. Discovery is investing $70 Mn into CNN’s digital plans, Thompson said. The layoffs would affect about 200 employees, said Thompson.
Jan 23, 2025: Adidas likely to cut up to 500 jobs
Adidas is likely to cut 500 jobs to simplify its business. The layoffs would affect employees working at its headquarters in Herzogenaurach, Germany, and represent about 9% of the 5,800 employees at the location. The layoffs are not a cost-cutting effort, as per the company and are designed to get staffing in line with how the business has been operating over the past two years.
Jan 22, 2025: Stripe to let go 300 employees
Stripe would cut 300 jobs in product, engineering, and operations following an organisational review to ensure the right talent is in place to achieve its objectives. The payment processing company is implementing layoffs as part of its organisational restructuring.
Jan 21, 2025: Starbucks to layoff staff as part of ‘revitalisation strategy’
Starbucks CEO and Chairman Brian Niccol announced impending corporate layoffs in a memo to employees. The layoffs, set to begin by early March 2025, aim to streamline operations as part of the company broader effort to rejuvenate its coffeehouse roots and address lagging sales.
Jan 21, 2025: Reflector plans more layoffs
Reflector Entertainment would lay off an undisclosed number of employees. In a statement on LinkedIn, Reflector CEO Herve Hoerdt confirmed the decision would result in some redundancies.
Jan 17, 2025: BP announces 5% workforce reduction amid cost-cutting drive
British energy giant BP would reduce its global workforce by 5%, affecting around 4,700 employees and 3,000 contractors, as part of a cost-cutting initiative led by CEO Murray Auchincloss. Apart from reducing its workforce, BP is shifting parts of its operations from the UK and the US to Hungary, India, and Malaysia as part of its cost-saving strategy.
Jan 9, 2025: Microsoft plans for another round of layoffs
Tech giant Microsoft is planning another round of layoffs in 2025, targeting non-performing employees across various departments. However, the company has not revealed the exact number of employees to be affected by it. In 2023, it reduced its workforce by about 10,000 roles, equivalent to 5% of its global workforce. The trend continued in 2024 with about 2,000 layoffs in its gaming division.
Jan 8, 2025: Ally Financial to cut jobs
Ally Financial would cut less than 5% of its 11,000-employee workforce and exit the mortgage-origination business, it said. It is burdened by borrowers falling behind on debt, the bank said. The layoffs were part of its effort to «right-size» the bank.
Feb 19, 2025: Porsche to cut 1,900 jobsLuxury sports carmaker Porsche has announced plans to cut 1,900 jobs in Germany, citing high manufacturing costs, weak demand, and intense competition—especially in the electric vehicle market. The job reductions would take place over the next few years at Porsche’s Stuttgart headquarters and its nearby research center, the company said.
Feb 20, 2025: TikTok sacks staff at trust and safety unitTikTok would lay off global staff at its trust and safety unit that handles content moderation as part of a restructuring. The reductions began in regions including Asia, Europe, the Middle East, and Africa. Specific details regarding the number of affected employees in the US were not disclosed.
Feb 25, 2025: DBS cuts about 4,000 jobsSingapore’s biggest bank, DBS, is likely to cut about 4,000 roles over the next three years as AI takes on more work currently done by humans. The move will affect temporary and contract staff with the reduction in the workforce coming from «natural attrition» as projects are completed.
Feb 28, 2025: Flipkart shuts down ANS Commerce, lays off workforceFlipkart has announced shutting down operations of ANS Commerce, the Gurugram-based e-commerce solutions provider, which it acquired in 2022. While the company has assured a “smooth transition” for impacted employees, the number of job losses remains undisclosed. Flipkart is offering internal opportunities, outplacement support, and severance packages to affected workers.
March 3, 2025: Ola Electric cuts over 1,000 jobsBhavish Aggarwal-led Ola Electric laid off more than 1,000 employees across sales, distribution, and marketing as part of a major internal restructuring. Many of the impacted employees were part of its on-ground distribution network, according to sources. However, Ola Electric has not officially confirmed the layoffs, insisting that this is a “strategic restructuring exercise” aimed at optimising operations.
March 6, 2025: JioStar to lay off 1,100 employeesJioStar would lay off about 1,100 employees as part of its restructuring efforts. The layoffs, aimed at reducing overlapping roles, started last month and would continue until June 2025. The job cut is likely to impact corporate roles across distribution, finance, commercial, and legal departments. The move is a direct result of the consolidation process following the Viacom18-Disney merger in November 2024.
March 7, 2025: Hewlett Packard plans to slash 2,500 jobsHewlett Packard Enterprise, the American data server equipment maker, would lay off around 2,500 employees over the next 18 months as part of a cost-cutting programme. The job cuts were announced after the company reported disappointing financial results for the first quarter of FY25. As of October, its total workforce stood at 61,000. By cutting around 5% of its workforce, the firm aims to save $350 Mn by 2027.
March 7, 2025: Wayfair lays off hundreds of tech employeesWayfair announced that it laid off 340 employees from its technology team and plans to close its Technology Development Center in Austin, Texas. The retailer will maintain Technology Development Centers in Seattle, Boston, Mountain View, California, Toronto, and Bengaluru.
March 8, 2025: DHL to slash 8,000 jobs this yearGerman logistics giant DHL Group plans to cut about 8,000 jobs this year after reporting a 7.2% decline in annual operating profit. The layoffs will impact its Post & Parcel Germany division, which handles mail and parcel delivery within Germany and other countries. DHL employs around 602,000 people globally, including 190,000 staff in its Post & Parcel Germany unit.
March 11, 2025: Renault cuts hundreds of jobs amid slow demandRenault would cut 300 jobs at a van factory in France, the carmaker said, responding to slowing European demand for commercial vehicles in the wake of growing economic uncertainty. The French company makes about 14% of its sales from the vehicles used by delivery companies and tradesmen.
March 12, 2025: Volkswagen to sack 1,600 employeesVolkswagen is set to lay off 1,600 employees at its software subsidiary, Cariad, by the end of the year, according to a report by Handelsblatt. The layoffs will affect nearly 30% of Cariad’s 5,900-strong workforce and will primarily be carried out through redundancy programmes. The job cuts are aimed at streamlining operations within its software division.
March 13, 2025: Puma cuts jobs amid falling sales and sharesPuma has announced plans to cut 500 jobs globally and close unprofitable stores as part of a cost-cutting initiative, following a sharp 23% decline in its share price. The German sportswear giant also warned of uncertain consumer demand in the US, adding to concerns over its financial outlook. The announcement comes a day after Puma issued disappointing quarterly and annual forecasts.
March 13, 2025: Chewy sacks over 650 employeesOnline pet supply retailer Chewy would lay off more than 650 jobs at its Dallas location. Chewy plans to continue operating online, though it “will remain open in a substantially reduced capacity.” The company that opened its 663,000-square-foot fulfillment center in 2017 has other fulfillment centers across the country.
March 17, 2025: Audi to cut 7,500 jobsAudi would cut up to 7,500 jobs in Germany by 2029 in departments like administration and development, the premium carmaker said. The planned measures should save the carmaker 1 Bn Euros ($1.1 Bn) per year in the medium term, it said, adding it was investing a total of 8 Bn Euros in its German sites in the coming four years.
March 19, 2025: Morgan Stanley to reduce workforce by 2,000Morgan Stanley would lay off around 2,000 employees later this month. The job cuts, accounting for about 2% to 3% of the company’s global workforce, are part of an effort to improve operational efficiency.
March 20, 2025: IBM cuts thousands of jobsIBM would lay off thousands of employees across multiple locations in the US, with its Cloud Classic division experiencing some of the most significant job cuts.
March 20, 2025: Siemens to lay off 5,600 globallyGerman engineering firm Siemens would lay off 5,600 employees from its global workforce by 2027.
March 24, 2025: Nestlé announces job cuts due to overcapacityNestlé has announced a major downsizing of its operations in Germany, impacting about 225 employees.
March 26, 2025: Block to lay off about 1,000 employeesFintech giant Block is set for a significant round of layoffs, cutting 931 employees.
March 26, 2025: Dell cuts 10% of its workforce amid cost pressuresDell Technologies reduced its workforce by 10% in fiscal 2025.
March 27, 2025: HSBC lays off manager-level investment bankersHSBC dismissed several investment bankers.
March 28, 2025: Sky to cut 2,000 jobs at customer service sitesSky said it intends to cut 2,000 jobs at its customer service centres.
This story will be updated periodically as more layoffs are announced.
