Ankara: Technology companies, which are the most valuable firms in the world, laid off a total of 72,000 workers in the first six months of the year Layoffs have been slowing down since 2023, as the data showed that some 213,000 workers lost their jobs in the first half of 2023 and around 100,000 in the first half of 2024.

According to Anadolu Agency, layoffs in the first half of 2025 fell 28% compared to the same period last year. Microsoft laid off 3,000 workers in May, citing restructuring efforts, and a total of 12,000 workers in the first half of the year. The Windows maker is preparing to lay off 9,000 more workers, which accounts for 4% of its global workforce.

In May, cybersecurity firm CrowdStrike announced that it would lay off 5% of its workforce to keep up with developments in artificial intelligence (AI). Tech firms' market capitalizations have risen with the layoffs, as reported by the Companiesmarketcap.com website.

Chipmaker Nvidia ranked first with a market cap of $3.8 trillion, followed by Microsoft with $3.7 trillion, Apple with $3.2 trillion, Amazon with $2.4 trillion, and Alphabet with $2.2 trillion.