Massive Layoffs in 2025: CNN, Meta, Microsoft and More Hit Hard

2025 Layoff Overview

The trend of job cuts continues into 2025 as companies strive to adapt to changing market conditions. Major firms like Meta, Microsoft, BlackRock, and BP have announced significant layoffs.

Microsoft is planning job cuts in the new year.

Key Companies and Their Layoff Plans

• CNN is set to cut 200 jobs, focusing on transitioning to digital news services.
• Starbucks is planning layoffs in March as part of a corporate restructuring.
• Stripe will lay off 300 employees, primarily in product and engineering roles.
• BP is cutting 7,700 positions, including contractors, as part of a cost-reduction strategy.
• BlackRock is reducing its workforce by 1%, affecting approximately 200 employees.
• Bridgewater Associates has laid off about 90 staff, returning to its previous workforce size.
• The Washington Post is cutting 4% of its non-newsroom workforce to streamline operations.
• Microsoft has confirmed upcoming job cuts but has not provided specific numbers.
• Ally is letting go of about 500 employees, less than 5% of its workforce.
• Adidas plans to cut up to 500 jobs in Germany despite a strong performance.

Industry Trends

The reasons behind these layoffs include cost-cutting and the need to adapt to technological changes. A World Economic Forum survey indicated that 41% of companies worldwide expect to reduce their workforces due to the rise of artificial intelligence.

Summary of Layoffs

The ongoing layoffs reflect a broader trend across various sectors including tech, media, finance, and energy. Companies are reshaping their operations in response to market dynamics and the increasing influence of technology in the workplace.