Just about every time a big tech company fires a bunch of workers, the stock price of that particular company makes a significant jump.  Needless to say, many executives have taken note of this, and that could help to explain why even highly successful tech companies have been conducting multiple rounds of mass layoffs in 2025.

Through September 15th, the tech industry has laid off more than 166,000 workers.

And by the end of this year, it is being projected that the grand total could reach nearly a quarter of a million…

Between 1 January and 15 September 2025, more than 166,000 employees were laid off in the technology sector. We estimate that, on average, 645 workers have lost their jobs every day since the start of the year and, at this pace, the tech industry is set to let go of another 69,005 people by year-end. If the trend continues, calculations show that total tech-sector layoffs in 2025 could reach 235,392.

Tech industry jobs are good paying jobs.

So it isn't as if a bunch of people that are making minimum wage suddenly have to find something else to do.

When good paying jobs are eliminated, the middle class gets smaller.

And as I have extensively documented, middle class workers that have lost their jobs are having an exceedingly difficult time finding new employment in this very harsh environment.

The tech company that is slashing jobs the hardest is Intel.

By the end of this year, more than 30,000 Intel employees will have been forced to hit the bricks…

The company cutting the most jobs so far in 2025 is Intel, which had close to 109,000 employees at the end of 2024 and, by the end of this year, plans to reduce headcount to 75,000, according to Reuters, effectively slashing more than 30 thousand positions.

Without a doubt, Intel has been struggling.

So it makes sense that they are reducing headcount.

But tech companies that have been highly profitable are also brutally cutting employees.