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Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in 2025 so far, representing about 40% of cuts.
Despite a steady labor market, many U.S. companies are under pressure to reduce costs because of global uncertainty linked to ...
What will happen in this new year remains to be seen. "The trajectory of layoffs in 2025 will depend on several factors, including macroeconomic conditions, consumer demand, and how companies ...
The layoffs could be a sign of things to come. Since the North American Free Trade Agreement (NAFTA) went into effect 31 years ago, the auto industry has operated as if the US borders with Canada ...
The layoffs are expected to shrink HHS to 62,000 positions, lopping off nearly a quarter of its staff — 10,000 jobs through layoffs and another 10,000 workers who took early retirement and ...
Tech and federal job cuts led May layoffs, driven by economic pressure and AI shifts, even as the demand for AI skills continues to grow.
Washington — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.
Stellantis, an automotive manufacturer, disclosed plans to temporarily layoff 900 hourly workers across its five facilities in the US. This decision comes in the wake of newly implemented tariffs ...
At the National Institutes of Health, the world’s leading health and medical agency, the layoffs occurred as its new director, Dr. Jay Bhattacharya, began his first day of work. “The ...