Due to the impact of weak market demand, the global semiconductor industry will face a wave of layoffs in 2025, posing challenges for tech talent. Several major chip manufacturers, such as ON Semiconductor, Microchip Technology, NXP Semiconductors, and STMicroelectronics, have announced layoff plans, with the number of affected positions potentially reaching thousands. ON Semiconductor will lay off 2,400 employees to reduce costs by approximately $105 million to $115 million per year; Microchip Technology will close its Arizona factory and lay off 2,000 employees; NXP plans to cut 1,800 jobs; while STMicroelectronics is considering early retirement options to reduce its workforce by 3,000 employees. This wave of layoffs is primarily driven by declining end-market demand, inflation, and geopolitical uncertainties, accompanied by delays in major engineering projects. Industry observers believe that the semiconductor industry is undergoing the most severe adjustment since 2018, and future recovery will depend on the easing of inflation and the progress of policy implementation.