The tech industry in Asia is facing a challenging landscape in 2025 as layoffs continue to impact major companies and startups alike. According to the latest updates from Tech in Asia's Asia Layoff Tracker, numerous firms are undergoing significant workforce reductions amid economic uncertainties and strategic realignments.
From well-known giants to emerging startups, the wave of job cuts has affected a broad spectrum of the tech ecosystem. TikTok and PropertyGuru are among the prominent names that have recently announced layoffs, with hundreds of positions slashed as part of cost-cutting measures.
In a specific instance, Shopback reduced its workforce by 195 jobs, while PropertyGuru cut 79 positions, reflecting the tough decisions companies are making to streamline operations. These numbers highlight the scale of impact on employees across the region.
The reasons behind these layoffs vary, ranging from financial restructuring to shifts in business focus. Many companies are prioritizing efficiency and sustainability over rapid expansion, a trend that has become more pronounced in 2025 as global economic pressures persist.
Employees affected by these layoffs are often left seeking new opportunities in a competitive job market. Some firms are offering severance packages and career transition support, but the overall sentiment remains one of uncertainty for many in the Asian tech sector.
As the situation evolves, tools like the Asia Layoff Tracker by Tech in Asia provide critical insights and updates, helping industry professionals stay informed about the latest developments in this ongoing crisis.
Andrew Lee
