TCS is laying off approximately 12,000 employees, citing a lack of skill compatibility rather than AI-induced automation.
The layoffs at TCS primarily affect mid- and senior-level professionals struggling to adapt to evolving digital technologies.
Microsoft has let go of over 15,000 employees in 2025, despite record stock highs and strong financials.
An additional 2,000 Microsoft employees, labeled as underperformers, exited amid structural reorganization to align with AI goals.
Intel is executing one of the largest cuts this year, slashing 24,000 jobs and shutting down factory plans in Europe.
Around 2,000 Intel employees in Costa Rica are being impacted due to relocation of operations to Vietnam.
Meta has laid off 5% of its workforce, with additional cuts targeting its Reality Labs division focused on VR and AR technologies.
Panasonic is eliminating 10,000 jobs worldwide to reallocate capital toward AI and next-gen technology, stepping back from legacy electronics.