Tech Giants Trim Down: Meta and Workday Lead 2025 Layoff Wave
Meta and other major tech players, including Workday, are shaking up their workforce with significant layoffs in early 2025. This move comes as a bid to realign business priorities towards AI and emerging tech. Meta is trimming 3,000 jobs, impacting 5% of its workforce, while Workday is cutting 1,750 positions, accounting for 8.5% of its staff. Contrary to fears of an impending tech downturn, experts view these layoffs as aligning with regular corporate restructuring, emphasizing that the broader job market remains robust.
Feb 15