"in 2025, the tech industry had the highest recorded number of layoffs for the month of October: 33,281 compared with 5,639 in September. Tech companies have announced 141,159 job cuts this year compared with 120,470 during the same period in 2024. Total year-to-date job cuts in the U.S. are at their highest level since the pandemic struck in 2020, and t he firm says that layoffs for the month of October haven't been this high since 2003"
"Over the past two years, some of the biggest names in tech have hemorrhaged thousands of workers, many of whom now struggle to afford basic resources like food, gas and housing. Some, who previously worked as seasoned tech recruiters, have resorted to taking on exhausting retail and catering jobs just to survive. Reentering the job market has been especially difficult for older workers, as well as those who have been laid off, even if they performed well in their previous roles."
October 2025 registered 33,281 tech layoffs, up sharply from 5,639 in September, contributing to 141,159 tech job cuts year-to-date versus 120,470 in the same period of 2024. Total U.S. year-to-date job cuts reached their highest level since the 2020 pandemic, and October layoffs hit levels not seen since 2003. Primary pressures include AI adoption, softening consumer and corporate spending, rising costs, and correction after the pandemic hiring boom. Laid-off workers face harder and slower reemployment, older workers struggle to reenter, some former tech employees take retail or catering jobs, and ghost job postings complicate job search dynamics.
Read at SFGATE
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