Layoff News

The latest headlines on layoffs across technology, finance, and other industries. Updated regularly from major news sources.

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February 4, 2025 · Reuters · Technology

Amazon Cuts 1,700 Across Communications and Sustainability Teams

Amazon eliminated roughly 1,700 positions across its communications, sustainability, and corporate functions. The cuts are part of CEO Andy Jassy's continued push to streamline the company and reduce management layers. Amazon's overall headcount has declined from its pandemic peak of 1.6 million to about 1.5 million workers.

1,700 affectedView Amazon layoff history →

corporate restructuringoperationsefficiencymanagement layers

January 28, 2025 · CNBC · Technology

Salesforce Lays Off 1,000 While Aggressively Hiring for AI Roles

Salesforce cut more than 1,000 employees across sales and customer success teams while simultaneously ramping up hiring for its Agentforce AI platform. CEO Marc Benioff described the move as part of Salesforce's transformation into an 'AI-first' company. The layoffs highlight the growing trend of companies replacing traditional roles with AI-specialized positions.

1,000 affectedView Salesforce layoff history →

AI agentsAgentforceworkforce transformationSaaS

January 22, 2025 · CNBC · Technology

Google Cuts 1,200 Across Platforms and Devices Teams

Google laid off roughly 1,200 workers across its Platforms & Devices division, which includes Android, Chrome, Pixel, and Nest hardware. The cuts came as Google continued to restructure around its Gemini AI efforts and consolidate overlapping teams. Affected employees received 60 days of notice and outplacement support.

1,200 affectedView Google layoff history →

AI restructuringhardwareAndroidGemini

January 6, 2025 · Reuters · Technology

Microsoft Starts 2025 With Nearly 2,000 Job Cuts

Microsoft laid off approximately 1,920 employees across its security, enterprise, and experience divisions to kick off the new year. The cuts are part of an ongoing effort to reallocate headcount toward AI-driven products including Copilot and Azure AI services. Microsoft's total headcount still grew year-over-year, but the company is aggressively reshuffling talent.

1,920 affectedView Microsoft layoff history →

AI pivotenterprisesecurityworkforce rebalancing

October 11, 2024 · Reuters · Transportation

Boeing to Cut 17,000 Jobs Amid Strike and Production Crisis

Boeing announced plans to reduce its workforce by about 10%, affecting 17,000 employees across the company. The cuts come as a prolonged machinists' strike halted production of the 737 MAX and 777 jets. The aerospace giant has been grappling with quality control issues, delayed deliveries, and billions in losses throughout 2024.

17,000 affectedView Boeing layoff history →

aerospacemanufacturingstrikeproduction crisis

September 24, 2024 · The New York Times · Media

Paramount Cuts 15% of U.S. Workforce Ahead of Skydance Merger

Paramount Global laid off roughly 15% of its U.S.-based employees — about 2,000 people — as the media conglomerate prepares for its merger with Skydance Media. The cuts span CBS, Showtime, Paramount Pictures, and corporate functions. CEO Bob Bakish said the reductions are necessary to streamline the company before the transaction closes.

2,000 affectedView Paramount layoff history →

mediamergerentertainmentrestructuring

August 1, 2024 · Reuters · Technology

Intel Announces Massive 15,000 Job Cuts in Largest Restructuring in Decades

Intel CEO Pat Gelsinger announced the company would eliminate more than 15,000 jobs — roughly 15% of its global workforce — as part of a sweeping cost-reduction plan. The chipmaker has struggled to compete with Nvidia and AMD in AI chips while its foundry business burns cash. Intel expects to save $10 billion annually by 2025 through the cuts and operational changes.

15,000 affectedView Intel layoff history →

semiconductorsrestructuringAI competitioncost-cutting

July 10, 2024 · CNBC · Technology

Intuit Cuts 1,800 Workers While Ramping Up AI Hiring

Intuit laid off about 1,800 employees — 10% of its workforce — in what the company described as an AI-driven workforce transformation rather than a cost-cutting measure. CEO Sasan Goodarzi said Intuit plans to hire roughly the same number of people in AI and engineering roles. The move reflects a broader industry pattern of replacing traditional roles with AI-focused positions.

1,800 affectedView Intuit layoff history →

AI transformationworkforce shiftfintechhiring paradox

April 15, 2024 · Reuters · Technology

Tesla Lays Off More Than 14,000 as EV Demand Cools Globally

Tesla cut more than 10% of its global workforce — about 14,000 employees — in one of the largest layoffs in the company's history. The cuts came as Tesla faced declining vehicle deliveries, increased competition from Chinese EV makers, and margin pressure from repeated price cuts. Several senior executives also departed in the weeks surrounding the announcement.

14,000 affectedView Tesla layoff history →

electric vehiclesautomotivedemand slowdowncompetition