Layoffs
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U.S. interest rates are way too high, Fed's Miran says, and rising layoffs and unemployment could be the result
MarketWatch· 2025-09-22 17:21
New Federal Reserve official Stephen Miran argued in his first major speech that U.S. interest rates are far too high and risk †unnecessary layoffs and higher unemployment†if not reduced substantially. ...
X @TechCrunch
TechCrunch· 2025-09-22 16:30
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024 and 2025. https://t.co/oxcwCZkdon ...
Former Trump economic adviser Gary Cohn says tariffs are the reason you’re having a hard time finding a job
Yahoo Finance· 2025-09-22 16:00
President Donald Trump’s former economic adviser said tariffs are raising the cost of doing business—and it may just be making your job search harder. Gary Cohn, who served as director of the National Economic Council during the first Trump administration, said businesses are feeling the insecurity of rising input costs thanks to tariffs. And because companies feel they can’t raise prices for consumers, they turn to what they can control. “The one lever they can pull to make sure they keep their margins ...
X @Bloomberg
Bloomberg· 2025-09-21 23:50
As Kindbody expands its footprint, financial losses mount and layoffs begin. Listen to Episode 3 of IVF Disrupted: The Kindbody Story https://t.co/iBNLUyDilN ...
Layoffs Might Be Worse Than Economists Say
Yahoo Finance· 2025-09-17 14:04
Core Insights - The job market is showing signs of deterioration, with a shift towards medium-level layoffs despite previous perceptions of low hiring and firing rates [2][4]. Group 1: Labor Market Trends - Recent data indicates a slowdown in hiring, with layoffs increasing to levels that are at or above normal [3][4]. - Unemployment claims have surged to their highest level in four years, and layoff announcements were 13% higher in August compared to the previous year [3][4]. Group 2: Economic Implications - Economists at UBS suggest that the economy may be at a greater risk of recession than previously thought, challenging the narrative of low layoffs [4]. - The analysis indicates that if hiring continues to slow, the labor market could enter a contraction phase [4]. Group 3: External Factors - Many economists attribute the job market's challenges to President Trump's economic policies, particularly the increase in tariffs, which have created uncertainty and increased costs for businesses [5]. - The trade wars have led to reduced hiring and, in some cases, layoffs among current employees [5].
Why It’s Been Hard for Gen Z To Get Jobs in Tech, Finance & More
Yahoo Finance· 2025-09-08 18:12
Industry Concerns - The tech industry is experiencing significant anxiety among workers, particularly remote workers, with 47% expressing concerns about layoffs compared to 20% of in-office workers [1] - Layoffs are more prevalent in certain industries, prompting workers to reassess their skill sets and develop transferable skills to remain competitive [2] - The finance sector, especially investment banking and fintech, is undergoing transformations due to economic uncertainty, investment risks, and higher interest rates, leading to regular layoffs [7] - The healthcare industry, while historically stable, is facing challenges due to federal job cuts impacting the Health and Human Services Department, resulting in layoffs primarily affecting administrative roles [10][11] - The education sector is also grappling with layoffs, exacerbated by funding cuts from state and federal governments, leading to staff downsizing [12][13][14] Layoff Trends - Nearly one in three Americans would accept a 10% to 20% pay cut to avoid layoffs, highlighting the financial preparedness issues, with 13% having no savings [3] - Layoff concerns are driven by trends such as economic uncertainty, political volatility, AI and automation, shifting consumer behavior, and over-hiring during economic booms [3] - The outsourcing of talent due to funding issues is contributing to layoffs in the tech sector, as companies hire software developers in countries with lower wages [5][6] Future Outlook - Despite the volatility in the job market, the year is projected to be active in hiring, particularly in the finance sector, supported by a strong equities market and increased mergers and acquisitions activity [9] - The evolving nature of jobs means that while concerns about layoffs are valid, opportunities for growth and adaptation remain for younger generations entering the workforce [15][16]
Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP says
CNBC Television· 2025-09-04 13:12
Here we go. It's time for the August ADP payroll report. Steve Leeman's here.Steve, >> thank you. Uh is 15. Yes, it is.Um 54,000 ADP, the private payroll company, estimating that private payrolls around the country rose by 54,000. That is against an estimate of 75,000. So a little bit under good sector 13 interesting number there.Services 42 not so strong. And there's the non-form payroll estimate 75 for both government and the private sector for Friday. So we'll see if there's an adjustment.It's in and aro ...
X @TechCrunch
TechCrunch· 2025-08-29 15:44
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024 and 2025. https://t.co/sf4ntN6XYM ...