The tech industry is cutting jobs again. More than 61,000 workers have lost their jobs this year. Over 130 tech companies have made layoffs, including some of the biggest names in the business. These include Microsoft, Google, Amazon, and CrowdStrike.
The main reasons for these job cuts are slower business growth, uncertain global economy, and the rise of artificial intelligence (AI). Many companies are now using AI to do work that people used to do. This is helping them save money and work more efficiently.
Microsoft Cuts 6,000 Jobs
Microsoft has made its biggest layoff since 2023. It announced 6,000 job cuts on May 13, with nearly 2,000 jobs lost in Washington state alone. These layoffs are part of a plan to make the company’s structure simpler. Microsoft says it wants to focus more on hiring engineers and fewer managers.
Google Quietly Reduces Staff
Google has been slowly reducing its workforce all year. The company laid off around 200 workers in early May from its Global Business Organization, which handles advertising. Earlier this year, Google also cut jobs in Pixel, Android, Chrome, and Cloud teams. These changes are part of a long-term plan to make Google work better.
Amazon Cuts 100 Jobs in Devices Team
Amazon also joined the trend. It cut 100 jobs from the team that makes Alexa, Kindle, and Zoox (a self-driving car company). Amazon said it wants to focus its money and time on the most important products.
Crowd Strike Focuses on Profit, Cuts 5 per cent
Cybersecurity company CrowdStrike laid off 5 per cent of its global staff. The company said this move will help it become more profitable in the future.
IBM Uses AI to Shift Jobs
IBM is doing things a bit differently. It did lay off some people in human resources, but it’s using AI to take over some jobs. The money saved is now being used to hire more people in programming and sales. IBM’s CEO says the goal is not to downsize, but to grow in the right areas.
Tech Industry Now Focuses on Being Lean and Smart
All these changes show a clear trend. Tech companies are not just trying to grow anymore. Now they want to be leaner, faster, and smarter. With AI taking over many tasks and the economy still shaky, the focus is on working better, not bigger.
