U.S. Tech Layoffs Hit Two-Decade High in October
13 days ago
- #AI-impact
- #tech-sector
- #job-cuts
- October 2025 saw 153,074 job cuts in the U.S., the highest for any October in over 20 years.
- Tech sector job cuts surged to 33,281 in October, up from 5,639 in September, with a 17% year-to-date increase compared to 2024.
- Key drivers include cost-cutting, automation, AI adoption, slower consumer demand, and rising input costs.
- The job market is becoming more volatile, ending the low-firing trend of recent years.
- Digital publishers and content platforms may face reduced advertising budgets and shifts in content demand.
- Strategic focus areas include career pivots for workers, impacts on freelancers/agencies, and AI-driven workflow transitions.
- The layoff spike signals a structural shift in employment, with tech firms reshaping their workforces.