Layoffs In May 2025

Layoffs In May 2025. 11,011 employees laid off — see all may 2025 tech layoffs Wells fargo ceo charlie scharf said the bank has cut 20% of its workforce since the third quarter of 2020.

According to layoffs.fyi, 384 tech companies have laid off more than 124,000 employees in 2025, adding to the 428,449 tech workers who lost their jobs in 2022 and 2023. Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2025, to be updated regularly.