List of Companies Performing Massive Layoffs This Year Copy

The past few years have been marked by massive waves of layoffs across industries. There have been significant job cuts in companies in the tech, energy, media, finance, and manufacturing industries as AI reshapes the workforce. And it appears no industry is safe from these personnel reductions. Here are some major companies that plan to lay off employees this year.

Nike

Nike started a targeted workforce in its technology division, choosing to lay off workers and shift certain responsibilities to third-party vendors. These changes are part of CEO Elliott Hill’s broader turnaround strategy to turn around poor revenue forecasts and regain growth momentum.

Boeing

Boeing warned of potential layoffs affecting around 400 employees linked to its Artemis program’s delays and rising costs. The company emphasized its intention to relocate workers internally wherever possible to reduce the impact as much as possible.

Verily

Verily announced they would be undergoing a restructuring that involved layoffs and the termination of its medical device program. The realignment reflects a strategic shift in how the company will allocate its resources moving forward.

Kroger

Kroger revealed plans to lay off nearly 1,000 administrative and corporate staff across the U.S. The move is part of a larger cost-saving initiative meant to reinvest in customer-facing areas like new stores and lower prices.

Intel

Intel is undergoing one of its largest restructurings ever in 2025. They announced up to 24,000 layoffs as it refocuses operations and retrenches from automotive chip production, including winding down sites in Germany, Poland, and Costa Rica.

Microsoft

In a multi-phased workforce reduction, Microsoft laid off over 6,000 employees around May and then another approximately 9,000 in July. Some of the impacted divisions included Xbox and several global operations, marking its most substantial cutbacks in years.

Oracle / Nextdoor / Scale AI (and Others)

A range of companies in the technology, finance, and manufacturing sectors have announced staff reductions in 2025. Major names like Oracle, Nextdoor, Scale AI, UPS, Meta, Google, and Boeing are among the companies announcing significant reductions. Many of these moves are tied to cost reduction, restructuring, or automation efforts.

Paramount Skydance

Following its corporate merger, Paramount Skydance disclosed plans to eliminate around 1,000 positions while aiming to slash $2 billion in operating costs. The cuts support a new organizational structure combining studios and streaming services.

Mass General Brigham

In early 2025, Mass General Brigham implemented its largest-ever workforce reduction. Roughly 1,500 administrative and nonclinical roles were eliminated in a restructuring designed to close a budget defecit, alhough some patient-facing positions were affected, too.