The list of companies laying off companies is growing following two years of significant job cuts in tech, media, finance, manufacturing, retail, and energy. According to Business Insider, a World Economic Forum survey found that some 41% of companies worldwide expect to reduce their workforces over the next five years because of the rise of artificial intelligence.
Big companies such as Oracle, CNN, Dropbox, and Block have all previously announced layoffs linked to AI. While Amazon has not reported any job cuts this year, CEO Andy Jassy warned employees in June that the company will likely require “fewer people doing some of the jobs that are being done today” in the coming years as it increases its adoption of generative AI and AI agents.
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List of companies announcing layoffs in 2025
Block: Jack Dorsey’s fintech firm, Block, is set to cut close to 1,000 jobs, reports TechCrunch and The Guardian, marking its second significant workforce reduction in just over a year. Dorsey, who co-founded Block in 2009 after his tenure at Twitter, disclosed the layoffs in March through an internal email titled “Smaller Block.”
Oracle: US cloud service provider Oracle is continuing its massive job-cut drive across its global workforce. The latest round affected the San Francisco Bay Area, where at least 254 employees were laid off, according to a company filing. Reports indicate that workers in India, Canada, the US, and parts of Europe have also been impacted. Oracle is also laying off 101 employees in Seattle, according to a new filing with the Washington state Employment Security Department.
Salesforce: Salesforce has slashed another 4,000 jobs from its customer support workforce as the tech giant doubles down on artificial intelligence, even as the company reports strong financial results. The latest layoffs gutted Salesforce’s customer service division, reducing its headcount from 9,000 to 5,000. AI agents now reportedly handle about one million customer conversations, as per Al Jazeera.Intel: In July, it was reported that chipmaker Intel will fire more than 5,500 employees across various states in the United States, according to filings by the company. Earlier estimates had put the number of employees set to be axed at around 4,000. Intel said the staff reduction is “designed to create a faster-moving, flatter and more agile organization.” The tech giant announced the layoffs as part of its plan to reduce its global headcount by 24,000 to 25,000 employees by the end of 2025.ALSO READ: ‘Madison Beer’ effect: Justin Herbert’s mysterious girlfriend sets social media ablaze. You won’t believe her net worth
Scale AI: On July 16, Scale AI laid off about 200 full-time employees and 500 contractors, according to the company. The 200 full-time cuts make up 14% of the data labeling startup’s 1,400-person workforce. The cuts come just weeks after Meta brought in the data-labeling startup’s CEO in a $14.3 billion deal.
Amazon: Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit in July this year. CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction. Amazon has been making piecemeal job cuts, most recently in its books, devices and services unit, as well as its Wondery podcast division.
Crowdstrike: In June, Crowdstrike reiterated its fiscal 2026 first quarter and annual forecasts and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations and reduce costs. The cybersecurity company will incur about $36 million to $53 million in charges related to the layoffs, of which about $7 million will be recognized in the first quarter ended April 30, it said in a regulatory filing.
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Meta: Facebook parent company Meta announced plans to lay off over 3,000 employees in February in another fresh round of layoffs, primarily targeting those with low performance ratings. CEO Mark Zuckerberg confirmed the move, stating that the company aims to “raise the bar on performance” and remove underperformers more quickly. Zuckerberg had already cautioned that 2024 and 2025 will be “challenging years” for the company.
Microsoft: Microsoft has been active all year long, cutting several jobs across the months of 2025. This year, the company has reportedly let go of more than 15,000 employees through multiple rounds ojob cuts. The company announced its plans to lay off 6,000 of its workers earlier in May.
Google: Google has conducted multiple rounds of layoffs and voluntary exit programmes as part of a reorganisation focused on AI-centric growth, impacting teams across Search, Ads, Engineering, Marketing, and Research divisions.
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