- Job cuts are continuing into 2025 following waves of reductions last year.
- Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs.
- See the list of companies letting workers go in 2025.
Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.
While the reasons for slimming staff vary, the cost-cutting measures are coming amid a backdrop of technological change. In a recent World Economic Forum survey, some 41% of companies worldwide said they expected to reduce their workforces over the next five years because of the rise of artificial intelligence.
Companies such as CNN, Dropbox, and IBM have previously announced job cuts related to AI. Tech jobs in big data, fintech, and AI are meanwhile expected to double by 2030, according to the WEF.
Here are the companies with job cuts planned or already underway in 2025 so far.
