Here’s what’s really happening: At least 95,000 workers at U.S.-based tech companies were laid off in mass job cuts in 2024, according to Crunchbase’s comprehensive tech layoffs tracker, and the cuts have continued into 2025. Major companies like Microsoft, Amazon, Disney, and countless others are making cuts not just to save money, but because they believe having fewer employees will make them move faster and work smarter.
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in layoffs. The message is clear: businesses are changing how they think about work itself.
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