Browsing: Workforce Restructuring

The tech industry faces significant job cuts in 2025, with over 61,000 positions eliminated across 130 companies. Major firms like Microsoft, Google, Amazon, and CrowdStrike are restructuring their workforce amid AI adoption, economic uncertainty, and slowing growth.

Workday CEO Carl Eschenbach assures investors that savings from recent layoffs will fuel investment in the company’s AI Agent System of Record platform.