Layoffs are hitting. See the major companies cutting jobs in 2025.

Group 1: Job Cuts and Economic Environment - U.S. companies are intensifying job cuts and workforce reductions, with over 150,000 jobs slashed in October, marking the largest wave of layoffs in over 20 years [1] - The layoffs are attributed to various factors including AI adoption, tariffs, corporate restructuring, and a correction following the pandemic hiring boom [2][3] - The unemployment rate rose to 4.4% in September, the highest in nearly four years, despite the addition of 119,000 jobs [3] Group 2: Company-Specific Layoffs - Amazon announced a reduction of approximately 14,000 corporate roles, targeting its corporate workforce of about 350,000 employees [4] - ConocoPhillips plans to reduce 20 to 25% of its global workforce as part of a restructuring effort, with the majority of layoffs expected in 2025 [6] - Other oil companies, including BP and Chevron, are also implementing layoffs due to falling oil prices, with BP confirming a 5% staff reduction and Chevron reporting a 20% cut [7]