Why Are Tech Layoffs Still Happening in 2025

Video Description

Why Are Tech Layoffs Still Happening in 2025 In March 2025, around 29,000 tech workers were laid off, continuing a trend driven by automation, outsourcing, and financial pressures. The U.S. Government Efficiency Department led with 216,215 layoffs, nearly 20% in tech roles. Despite a 13% drop in layoffs compared to 2024, the tech labor market remains unstable. Major firms like UPS, Meta, and Microsoft are downsizing to protect margins. Meanwhile, India recorded 8.4% IT growth and attracted major investments, highlighting global labor shifts. Youth unemployment hit 9.6% in the U.S., reflecting growing reabsorption challenges. The 2025 wave reflects structural change, not a typical recession. CHAPTERS: 0:00 tech jobs, layoffs 1:20 tech job market, structural adjustments 2:37 job market, demand elasticity 3:00 tech jobs, company layoffs 4:00 automation, job losses 5:00 global labor market, outsourcing 6:00 youth unemployment, job market 7:30 tech job market, regional disparities 8:00 persistent layoffs, structural impact Produced by: Samantha Harvey Edited by: Jacob Smith Animation: Charlotte Brown Additional Footage: Getty Images » Subscribe to Economy Media: https://www.youtube.com/channel/UCc8q4B1bj-668LMHyNXnTxQ?sub_confirmation=1 Conect With Economy Media Everywhere Follow Economy Media on Instagram: https://n9.cl/economymedia #economymedia #tech #jobmarket #techjobs