The list of major companies laying off staff this year, including Morgan Stanley, Wayfair, Block, and Meta
- Major companies across multiple industries continue workforce reductions in 2025.
- Firms implement cuts to increase efficiencies and streamline operations for future growth.
- These reductions impact various departments, including corporate, tech, product, and engineering.
- Workday is cutting 8.5% of its workforce, equaling about 1,750 employees.
- Companies aim to lower costs, realign strategy, and focus resources on new priorities like AI.
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The list of major companies laying off staff this year, including Morgan Stanley, Wayfair, Block, and Meta
Tumblr's owner is cutting jobs too. SOPA ImagesCompanies such as Meta, Microsoft, BlackRock, and Block are conducting layoffs.Artificial intelligence is reshaping some workforces.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.While the reasons for slimming staff vary, the …
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