Section 174 of the US IRC was updated in 2022, and companies can no longer claim immediate 100% tax deductions for expenses ...

U.S. layoffs so far this year are at their highest levels since 2020 as Elon Musk's Department of Government Efficiency and ...

The layoffs are not restricted to startups or mid-size firms; the biggest names in tech — Microsoft, Google, Amazon, and CrowdStrike — are among the most significant contributors to this tally.

According to the current stats on layoffs.fyi, 59,413 tech employees have been laid off across more than a hundred companies in 2025 itself. Among them, CrowdStrike appears to be leading the pack ...

Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in ...

In 2025, the tech industry is witnessing another significant wave of layoffs as major players like Microsoft, Google, Amazon, ...

Tech layoffs in 2025 have surpassed 62,000, with major cuts in May from Google, Microsoft, Amazon, and others as companies ...

CEO George Kurtz said in March that CrowdStrike wrapped up the Customer Commitment Packages (CCP) program at the end of ...

With revenue expanding at a rate of 29.39% and earnings due in less than a week, Boyd does not see recent developments—like ...

Microsoft has laid off over 6,000 employees, about 3% of its global workforce, despite reporting strong earnings. These cuts primarily target high-salary roles, middle management, and senior engineers ...

This wave of layoffs, unlike previous downturns driven by financial collapses or market crashes, is driven by three primary factors: slowing post-pandemic revenue growth, ongoing global economic ...

The layoffs, as per the company, are not performance-based. A Microsoft spokesperson said that these layoffs are part of a broader organisational reshaping effort.