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eurogamer.net/xbox-asha-sharma-growth-restructuring-layoffs
Microsoft Culled Age of Empires Studio Before Handing It Over to Activision, With Nearly Half of All Staff Gone
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Key FactsTech Industry Faces Major Job Cuts in 2025
Jul 6, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: computerworld.com
  • The rapid adoption of artificial intelligence and automation is prompting tech companies to restructure and reduce staff.

  • Economic uncertainty, inflation, and higher interest rates are driving firms to streamline operations and cut costs.

  • A total of 63,823 layoffs occurred at 150 tech companies in the first half of 2025, despite some reporting strong financial results.

  • Major corporations including Microsoft, Intel, and Meta announced significant workforce reductions affecting multiple teams and locations.
  • This is an incredibly hard day for Intel as we are making some of the most consequential changes in our company’s history.
    — Pat Gelsinger, CEO of Intel, in an email to staff.
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