Crunchbase Tech Layoffs Tracker: Crypto Cuts, Big Tech Reductions and 2025 Totals

Crunchbase News says at least 127,000 workers at U.S.-based tech companies were laid off in mass job cuts in 2025, and its tracker shows cuts continuing into 2026. The tracker was last updated Aug. 5, 2026, and focuses on U.S. tech employers cutting jobs, including large companies such as Google and Microsoft as well as smaller startups.

For the weeks ended Aug. 5, 2026, Crunchbase News tallied at least 4,567 U.S. tech sector employees laid off or scheduled for layoffs. The takeaway for readers: tech labor-market pressure has not disappeared, even as the mix of affected companies shifts week to week.

The latest update highlights a wave of crypto-sector cuts, with many companies citing a market downturn. FalconX reported a 10% cut, Pump.fun let go of 40 workers, and Luno said it cut 20% of its workforce.

Crunchbase News also noted reported closures at two New York-based blockchain-focused companies: BitMart and Movement Labs. For workers and market watchers, the crypto entries show how sector-specific downturns can quickly translate into staffing reductions.

Larger tech names also appeared in the latest tracker update. Visa led the weekly tally by reported affected workers, with plans to trim about 7% of its global workforce — around 2,600 workers — primarily from technology and product operations, though Crunchbase News notes it is unclear how many U.S. workers are affected.

Chime told BankingDive it will let go of 150 employees while focusing on a flatter structure with smaller teams, and it cited AI innovation as one reason for trimming its workforce. Uber’s recent layoffs were also tied to AI, according to a Business Insider report referenced by Crunchbase News.

Crunchbase News’ tracker puts the recent cycle in perspective: more than 93,000 U.S. tech jobs were cut in 2022, more than 191,000 workers were laid off in 2023, at least 95,667 workers lost jobs in 2024, and around 127,000 workers were let go in 2025. The tracker notes that many companies do not report detailed layoff figures, so totals are best estimates based on available reporting.

The biggest workforce reductions listed for 2025 include Intel with 27,159 roles, Microsoft with 15,387 roles, Verizon with 15,000, and Amazon with 14,709 roles. These figures underscore that both public tech-heavy companies and startups remain part of the broader layoff picture.

The tracker includes layoffs by U.S.-based companies or companies with a strong U.S. presence and is updated at least bi-weekly. Crunchbase News says it includes startups, publicly traded tech-heavy companies, and companies based elsewhere with sizable U.S. teams when relevant.

Layoff and workforce figures are described as best estimates based on media reports, Crunchbase reporting, social media posts and layoffs.fyi. When an employee headcount cannot be confirmed to Crunchbase News’ standards, the tracker marks it as “unclear.”