The morale of tech workers worldwide is plunging as layoffs mount across the industry. Barely five months into the year, the tech industry has recorded about 142,000 layoffs, with Meta, LinkedIn, Cisco, Amazon being among the worst hit. In April, Meta announced around 8,000 cuts, while Intuit just announced a layoff that affects 3,000 workers.
Additionally, companies like LinkedIn, Cisco and GM have announced they’re cutting tens of thousands of jobs, combined.
It is however, cheering that California Governor Gavin Newsom last week signed an executive order to protect workers affected by AI-related job losses. So far this year, there have been over 138,900 layoffs in tech, according to data from Trueup.
The layoffs seem to be moving at a faster rate than last year where over 245,000 workers in tech were let go in 2025. In April, just under 12,000 employees were let go from their jobs, which included companies Disney, Amazon and Snap.
March saw the highest numbers, with nearly 50,000 people affected. Several other companies have also laid off employees due to increased spending in AI. April however, saw fewer layoffs than any other month so far this year. Intuit Intuit is planning to lay off 3,000 employees, or about 17% of its workforce, this month, Reuters reports.
This was contained in a memo the CEO Sasan Goodarzi sent to employees. The memo noted that the layoffs would help the company’s efforts of focusing on infusing AI across its services.
Meta
Meta has officially begun cutting 10% of its workforce, totaling around 8,000 employees. In addition, it plans to close 6,000 open roles. The reason is to allow more room for AI spending. It’s been reported that 200 Meta employees in the Bay Area will lose their jobs at the end of May. That includes 124 employees in Burlingame and 74 in Sunnyvale. The company last laid off workers just a few weeks ago.
NPR
Like Microsoft, NPR is offering voluntary buyouts to 300 employees in the newsroom, but only 30 will be accepted. However, if the news organisation doesn’t receive its target number, it will result in targeted layoffs. The reason is due to the loss of federal funding.
Amazon
The online retail giant cut more jobs this month, this time from the Selling Partner Services organization. These new layoffs come after Amazon cut roughly 30,000 jobs in rounds across October and January. A spokesperson told Business Insider that the most recent layoffs have affected a “small number” of employees. The Selling Partner Services team works with third-party merchants on Amazon, providing onboarding, logistics and account management support.
Cisco
Cisco is cutting just under 4,000 jobs in Q4, CEO Chuck Robbins said in a blog post. Impacted employees will receive pro-rated payment of 2026 bonuses and will also receive “support in finding new opportunities” via Cisco’s placement services. “While we are reducing roles in some areas, we are making clear, strategic investments — particularly in silicon, optics, security, and in our employees’ use of AI across the company,” Robbins said.
LinkedIn is planning to lay off 5% of its staff, which is around 875 employees, Reuters reports. An anonymous person told Reuters the reason is to reorganize teams and focus employees on areas where its business is growing. However, one of the sources said the reason was “not for artificial intelligence to replace jobs at LinkedIn.”
General Motors
GM is letting go of around 500 to 600 employees in the Information Technology sector, Bloomberg reports. The reason is to “trim costs and clear the way to bring in staff with skills in other technology areas.”
Cloudflare
Due to restructuring driven by AI, Cloudflare is cutting more than 1,100 employees. “Today’s actions are not a cost-cutting exercise or an assessment of individuals’ performance; They are about Cloudflare defining how a world-class, highgrowth company operates and creates value in the agentic AI era,” Prince and President Michelle Zatlyn said in an email to employees.
PayPal
PayPal is planning to cut around 20% of its staff — nearly 4,800 employees — over the next few years, according to the Wall Street Journal. “First, we will remove duplication and layers from our organizational structure. Second, we will accelerate our AI adoption and automation across our operations,” CEO Enrique Lores said to investors.
Coinbase
Cryptocurrency platform Coinbase is laying off 700 employees, which amounts to around 14% of its staff. CEO Brian Armstrong cites the current market and AI changing the way they work as reasons for the layoffs.
Microsoft
As of April, Microsoft offered a first-ever buyout to up to 7% of its employees, CNBC reports. It’s a one-time retirement program that’s available for workers at the senior director level and below whose years of employment and age are 70 or higher.
Nike
Nike announced it’s laying off 1,400 people last week. “Collectively, these changes will result in a reduction of approximately 1,400 roles in global operations, with the majority in technology,” COO Venkatesh Alagirisamy said. “These reductions are very hard for the teammates directly affected and for the teams around them, too.”
Amazon
Amazon is planning to temporarily close a warehouse in Homestead, Florida, which will eliminate more than 600 jobs, Newsweek reports. The job cuts will start in July and continue through September but the giant company is giving employees the option to relocate to other facilities. The warehouse has only been open for just under two years but Amazon is already looking to update the site.
Redwood Materials
Battery recycling company Redwood Materials laid off 10% of its employees, totaling 135 people, TechCrunch reports. Those who were let go received an email from the chief HR officer telling them the layoffs were made “to sharpen our focus, our work and the size of our teams to support the direction Redwood is going in the future.”
Snap
Snap is laying off 1,000 workers, which is 16% of its staff, Variety reports. The Snapchat parent company made the announcement just weeks after Irenic Capital Management asked the company to make changes to improve performance and revenue. Snap is using AI to streamline operations and assist the now smaller workforce. “We have already witnessed small squads leveraging AI tools to drive meaningful progress across several important initiatives,” Snap CEO Evan Spiegel said.
Disney
Just two months after taking over as CEO of Disney, Josh D’Amaro announced the company is laying off 1,000 of its employees, AP News reports. In addition, Marvel let 8% of its staff go after the call was made. “Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney,” D’Amaro said in a memo to employees. “Given the fastmoving pace of our industries, this requires us to constantly assess how to foster a more agile and technologically-enabled workforce to meet tomorrow’s needs.”
GoPro
The wearable camera maker this year will eliminate 145 employees due to a restructuring plan to cut costs, the Wall Street Journal reported. The cuts are expected to last until the end of the year.
Vimeo
Vimeo is going through its third round of layoffs since it was acquired by Bending Spoons. This time, the company let go of more than 120 people, which is about 25% of its city staff.
Oracle
In March, Oracle began implementing a big cull of its employee base. On the final day of March, more than a dozen Oracle employees announced on LinkedIn they had been let go from their jobs, Business Insider reports. It’s unclear at this time how many workers were affected, but it was projected to be thousands at the start of this month.
