"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. We're tracking layoffs in the tech industry in 2025 so you can see the trajectory of the cutbacks and understand the impact on innovation across all types of companies."
"SmartSheet Has reportedly laid off over 120 employees amid a leadership transition following CEO Mark Mader's retirement. The enterprise software company, which grew to more than 3,300 employees, was acquired for $8.4 billion by Blackstone and Vista Equity Partners earlier this year, taking it private. Google Has cut over 100 design roles in its cloud division, hitting U.S.-based teams especially hard, as the company shifts focus toward AI investments, per a CNBC report."
The tech sector experienced more than 150,000 job cuts across 549 companies last year, and over 22,000 reductions have occurred so far in 2025, including 16,084 in February alone. Layoffs span enterprise and consumer businesses and often follow acquisitions, leadership transitions, and strategic shifts toward AI and automation. Smartsheet reportedly cut over 120 roles after a leadership change and private-equity acquisition. Google eliminated over 100 design positions in its cloud division while shifting investment toward AI. Paycom is cutting more than 500 jobs as automation improves back-office efficiencies and will offer severance, outplacement, and internal job opportunities.
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