"The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. As businesses continue to embrace AI and automation, this tracker serves as a reminder of the human impact of layoffs - and what could be at stake with increased innovation."
"Laid off about a third of its data annotation team, cutting roughly 500 jobs, according to Business Insider. The move comes as the company shifts focus from generalist AI tutors to specialist roles, after testing workers to assess their strengths. Employees were told they'll be paid through the end of their contracts - or November 30 at the latest - but their system access was cut immediately, Business Insider reports."
"Has reportedly laid off about 200 workers, or 1.5% of its staff, as the company braces for the end of federal EV tax credits under President Trump's policy changes. The $7,500 incentive for new electric cars expires this month, adding to pressure from cooling demand. Despite the cuts, Rivian says it's moving ahead with plans for a lower-cost model."
Tech companies continued widespread workforce reductions in 2025, with more than 22,000 cuts year-to-date and a February spike of 16,084 layoffs. Layoffs.fyi recorded over 150,000 job cuts across 549 companies last year. The trend affects AI firms adjusting labor models, automakers responding to policy and demand shifts, and large software companies executing localized job reductions. Companies are reallocating roles—xAI cut about a third of its data annotation team—while Rivian cited expiring federal EV tax credits as a factor in roughly 200 staff cuts. A running list compiles known layoffs and solicits tips, including anonymous submissions.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]