Year Ender 2025: 120,000+ Tech Jobs Cut by Giants Amid AI Focus

• 2025 saw over 120,000 job cuts by major tech companies due to cost-cutting, restructuring, and increased focus on AI.
• Intel led with approximately 24,000 job reductions to stabilize finances and fund its transition to a foundry-focused business model.
• India's Tata Consultancy Services (TCS) cut around 20,000 jobs, citing skill gaps and the adoption of AI-based delivery models.
• Verizon eliminated about 15,000 positions, while Amazon reduced its corporate workforce by 14,000 management and administrative roles.
• Dell Technologies, Accenture, SAP, Microsoft, Toshiba, and Cisco also implemented significant layoffs, often driven by shifts towards AI and strategic restructuring.

Why It Matters: Tech giants' 2025 layoffs show AI and cost cuts are reshaping the global job market.