The tech industry in Asia is facing significant challenges in 2025, with layoffs continuing to impact companies across the region. According to the Asia Layoff Tracker by Tech in Asia, numerous startups and established tech firms are restructuring their operations to navigate economic headwinds and maintain financial stability.
Recent reports highlight that companies like Glints and Microsoft have initiated layoffs as part of their cost-cutting measures. These layoffs are not isolated incidents but part of a broader trend affecting the tech ecosystem in Asia, as firms grapple with reduced funding and shifting market demands.
In addition to job cuts, some companies are offering severance packages and support for affected employees. For instance, Shopback and PropertyGuru have recently slashed significant numbers of positions, with reports of 195 jobs and 79 positions cut respectively, as noted in earlier updates from the tracker.
The economic downturn and inflationary pressures are often cited as key reasons behind these layoffs. Startups, in particular, are finding it difficult to secure venture capital, pushing them to downsize to extend their financial runway.
Despite the grim outlook, there is a silver lining as some organizations are focusing on reskilling and redeployment programs to help laid-off workers transition to new roles. This initiative is crucial in a region where tech talent is abundant yet vulnerable to sudden market shifts.
For the latest updates on layoffs and restructuring in Asia’s tech sector, the Tech in Asia platform remains a vital resource. It provides detailed insights and keeps track of the evolving landscape, helping professionals stay informed about industry trends.
Alfred Lee
