Intel, Amazon, TCS Lead 1.2 Lakh+ Tech Layoffs in 2025 Due to AI

• Global tech industry has seen over 1.20 lakh job cuts by 2025, largely due to AI adoption and cost reduction efforts.
• Intel led with approximately 24,000 job cuts to strengthen finances and transition to a foundry-based business model.
• TCS laid off around 20,000 employees, citing skill mismatch and a shift towards AI-based delivery models.
• Amazon (14,000), Dell (12,000), Accenture (11,000), and Microsoft (9,000) also implemented significant workforce reductions.
• Layoffs across Verizon, SAP, Toshiba, and Cisco reflect a broader trend of restructuring and increased focus on AI and cloud technologies.

Why It Matters: AI and cost-cutting are causing massive global tech layoffs, reshaping the industry.