The tech industry across Asia is grappling with significant challenges as layoffs continue to impact major companies in 2025. According to the latest updates from Tech in Asia's Asia Layoff Tracker, numerous startups and established firms are restructuring their operations to navigate economic headwinds.
Recent reports highlight that companies like TikTok and PropertyGuru have announced substantial job cuts. For instance, TikTok has reduced its workforce in regions like Bellevue, while PropertyGuru slashed 79 positions as part of its cost-cutting measures. These layoffs reflect a broader trend of downsizing amid financial pressures.
Other firms, such as ShopBack, have also been affected, with the company cutting 195 jobs in a bid to streamline operations. This wave of layoffs is not just limited to smaller startups but extends to tech giants like Microsoft, which has initiated global layoffs impacting its Asia operations as well.
The reasons behind these layoffs vary, ranging from declining revenues to shifts in market priorities. Many companies are focusing on sustainability over rapid expansion, leading to tough decisions that affect thousands of employees across the region.
Tech in Asia’s tracker serves as a critical resource for understanding the scale of these layoffs, offering insights into which sectors and companies are most affected. It also sheds light on the benefits and severance packages provided to laid-off workers, an aspect often overlooked in such crises.
As the industry continues to evolve, stakeholders are urged to monitor these trends closely. The ongoing layoffs may reshape the tech ecosystem in Asia, prompting discussions on workforce resilience and the future of employment in the sector.
Maria Lourdes
