Tech layoffs this year: A timeline
Tech layoffs in 2025
Feb. 4, 2025: Salesforce lays off over 1,000
At the same time as it’s hiring sales staff for its new artificial intelligence products, Salesforce is laying off over 1,000 workers across the company, according to Bloomberg. As of June, 2024, the company had over 72,000 employees, according to its website. Salesforce did not comment on the report. In 2024 the company reportedly laid off around 1,000 staff too, in two waves: January and July.
Jan. 14, 2025: Meta will lay off 5% of workforce
Mark Zuckerberg told Meta employees he intended to “move out the low performers faster” in an internal memo reported by Bloomberg. The memo announced that the company will lay off 5% of its staff, or around 3,600 staff, beginning Feb. 10. The company had already reduced its headcount by 5% in 2024 through natural attrition, the memo said. Among those leaving the company will be staff previously responsible for fact checking of posts on its social media platforms in the US, as the company begins relying on its users to police content.
Tech layoffs in 2024
- Equinix
- AMD
- Freshworks
- Cisco
- General Motors
- Intel
- OpenText
- Microsoft
- AWS
- Dell
- Cisco
Nov. 26, 2024: Equinix to cut 3% of staff
Nov. 13, 2024: AMD to cut 4% of workforce
AMD will lay off around 1,000 employees as it pivots towards developing AI-focused chips, it said. The move came as a surprise to staff, as the company also reported strong quarterly earnings.
