Tech layoffs 2025 update: HP, Grubhub, Autodesk, Ibotta, are the latest to cut jobs and employees

Tech layoffs 2025 update: HP, Grubhub, Autodesk, Ibotta, are the latest to cut jobs and employees

The closing days of February were not good ones for job security in the tech industry. Over the month’s final week, major industry players, including HP, Grubhub, and Autodesk announced plans to reduce their workforce, while another startup seems to be shutting down entirely. Here’s what you need to know about the latest round of tech layoffs. HP to cut up to 2,000 workers Without a doubt, the largest number of job cuts over the last week of Feb…

Is This AI Stock a Buy, Sell, or Hold After Announcing Massive Layoffs in February 2025?

Autodesk slashed its headcount to bet on AI. Is this move enough to make the stock a buy, or is caution still key for investors?

Autodesk cuts 9% of workforce as part of worldwide restructuring plan

The software company outlined the plans in its fourth quarter financial results report, stating it would be reallocating internal resources towards what it believes are “critical areas”, such as industry clouds and artificial intelligence.

Autodesk announces a 9% workforce reduction amid organizational changes

Autodesk has announced a workforce reduction affecting approximately 9% of its employees, impacting around 1,350 positions across the company. The [...]

Maya Developer Autodesk Lays Off 1,350 Workers to Invest in AI

Around 9% of the company's entire workforce have lost their jobs.

HP intends to lay off between 1,000 and 2,000 employees out of the 58,000 employees it employs. Its objective ? "Save 300 million dollars". This number of people would represent about 3% of the working force of the Palo Alto company. "The evolution of the workforce will vary according to the countries, according to the legal requirements [...] The post Up to 2,000 dismissals announced at HP appeared first on ChannelNews.