Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Which major companies are laying off employees this year?
Tata Consultancy Services (TCS) Laid off over 12,000 employees—its largest workforce reduction ever. Cited skill mismatches and an AI-driven structural shift as key reasons. Simultaneously, it raised salaries for about 80% of its remaining staff to retain critical talent. Microsoft Conducted multiplRead more
Tata Consultancy Services (TCS)
Laid off over 12,000 employees—its largest workforce reduction ever. Cited skill mismatches and an AI-driven structural shift as key reasons. Simultaneously, it raised salaries for about 80% of its remaining staff to retain critical talent.
Microsoft
Conducted multiple rounds of cuts, including about 6,000 positions in May and a further 9,000 in July (approx. 4% of its workforce) to streamline operations amid heavy AI infrastructure investments.
Intel
Announced layoffs affecting around 24,000 employees—roughly 15% of its workforce—as part of a broader restructuring and scaling back of planned chip fab projects.
Meta, Amazon, Nextdoor, Scale AI, Morgan Stanley, Peloton
All have enacted significant staff reductions in 2025, driven by cost optimization and AI integration efforts.
Eater (Dallas-based food media outlet)
Eliminated its entire Texas-based editorial staff, leaving just one contract writer. The move reflects the collapse of traditional media amid AI content dominance.
Journalism Sector (e.g., Business Insider, ITV, Press Association, MSNBC)
Faces widespread job cuts in both the UK and US, attributed to macroeconomic uncertainty and declining Google referral traffic.
NACCHO (National Association of County and City Health Officials)
Reduced its workforce by 43 employees due to federal funding cuts and grant delays, impacting public health programs.
Pet+ER Columbia (Emergency Veterinary Clinic)
Will close its Hunt Valley location in September, laying off 42 employees—a blow to local veterinary services driven by tightening economic conditions and decreased government spending.
Retail Chain: River Island
Proposed closing 33 stores, potentially risking hundreds of jobs, as part of a court-approved restructuring plan amid rising costs and shifting consumer habits. Closures slated for January 2026, aiming to align with peak trading periods.
See lessWhy did the Indian stock market crash in August 2025?
In August 2025, Indian equity markets slid significantly, marking their sixth consecutive week of losses—the longest such streak in five years. Key drivers behind this downturn included: Surprise U.S. tariffs: Former President Trump imposed a 50% tariff on Indian exports, raising trade uncertainty aRead more
In August 2025, Indian equity markets slid significantly, marking their sixth consecutive week of losses—the longest such streak in five years. Key drivers behind this downturn included:
Surprise U.S. tariffs: Former President Trump imposed a 50% tariff on Indian exports, raising trade uncertainty and damaging investor confidence .
Foreign investor outflows (FPI): Large capital withdrawals intensified the selling pressure .
Weak corporate earnings: The April–June 2025 quarter revealed sluggish earnings trends—marking the fifth straight quarter of single-digit growth, particularly dragging down banks and IT sectors .
Overstretched valuations: High price-to-earnings metrics added to vulnerability amid an uncertain macro backdrop .
See less