The tech industry is experiencing continued layoffs in 2025, with more than 22,000 workers affected so far. Last year, over 150,000 job cuts were reported across 549 companies. Major companies like Peloton are reducing their workforce by 6% for long-term health, while Kaltura and Yotpo also announce layoffs to address operational costs and strategic shifts. These changes highlight the ongoing ramifications of increased automation and AI on employment and innovation in the tech sector.
Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry.
Businesses continue to embrace AI and automation, serving as a reminder of the human impact of layoffs and what could be at stake with increased innovation.
Peloton is cutting 6% of its workforce in its sixth layoff in just over a year, as the cuts are needed to improve long-term business health.
Kaltura is cutting 10% of its workforce as part of a cost-saving effort to reduce operating expenses by $8.5 million, marking its third round of layoffs since 2022.
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