Tech Layoff Wave Still Kicking in 2025

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a day ago

Summary

Several tech companies have announced layoffs due to market shifts and reorganizations. The layoffs will impact hundreds of employees, with some companies citing a need for team realignment or strategic reorganization to increase profitability.

Key Points

Pandion is shutting down its operations, impacting 63 employees.
Icon is laying off 114 employees as part of a team realignment, focusing on robotic printing systems.
Altruist eliminated 37 jobs, impacting roughly 10% of its total workforce, despite aggressive hiring efforts.
Aqua Security is cutting dozens of employees globally as part of a strategic reorganization to increase profitability.

Why It Matters

The layoffs highlight the challenges faced by tech companies in adapting to market shifts and reorganizations, which can have significant impacts on employees and their livelihoods.

Author

Cody Corrall, Alyssa Stringer, Kate Park

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