Largest Corporate Layoffs of 2025
Armstrong Economicsยท2025-10-27 04:04Spread the loveCompanies are downsizing as the future looks bleak. Third-nation outsourcing is prevalent, and the domestic workforce is tightening. Several corporations shrank their workforce significantly this year in a trend that will continue as the economy turns down.GEICO insurance company, a subsidiary of Berkshire Hathaway, reduced its workforce by 30,000 positions. Insurance may have seemed like a stable industry, but insurers are facing high competition and lower margins. The company believes it ca ...