Layoffs
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January layoffs jump to the highest level since 2009, says Challenger
Business Insider· 2026-02-05 12:52
Layoffs in the US hit a 17-year peak in January. According to new data from Challenger, Gray & Christmas, US employers announced 108,435 job cuts in the first month of the year, an increase of 118% from the year before. Companies such as Amazon and Citi have said they're trimming staff this year."Generally, we see a high number of job cuts in the first quarter, but this is a high total for January. It means most of these plans were set at the end of 2025, signaling employers are less-than-optimistic about ...
US saw pandemic-level layoffs in 2025, and 2026 job growth may be 'uncomfortably slow.' What to do in a tough job market
Yahoo Finance· 2026-01-30 14:00
Navigating a job search and unemployment is hard, but 2025 was particularly difficult for out-of-work Americans, according to both economists and job seekers themselves. Business Insider reported (1) that applicants are now facing a host of frustrating roadblocks: ‘ghosting’ by recruiters, a large and competitive pool, age discrimination and their résumés presumably getting screened out by AI tools. Some candidates are getting to the final round of interviews where they’ve been told everything but “you’ve ...
Internal messages reveal which teams, jobs affected in Amazon layoffs
Business Insider· 2026-01-28 14:56
Core Viewpoint - Amazon is implementing a second round of layoffs, cutting 16,000 corporate roles, affecting employees in the US, UK, and India [1][3] Group 1: Layoff Details - The layoffs include teams from Amazon Web Services, such as the AI cloud service Bedrock and the cloud data warehouse service Redshift, as well as retail business teams like the Prime subscription service [2] - Affected employees primarily hold software engineering roles and have been seeking job leads through internal channels [2] Group 2: Employee Support and Company Size - Amazon is providing most US-based employees with 90 days to find new internal roles, with support including severance and health insurance benefits for those who do not find new positions [3] - This round of layoffs follows a previous cut of 14,000 roles in October, with Amazon employing over 1.5 million people globally, of which approximately 350,000 are in corporate roles [3]
Amazon Laying Off Another 16,000 Staff
Deadline· 2026-01-28 11:39
Amazon is laying off another 16,000 staff and is reported to have accidentally emailed one of its teams a day early with the news. Amazon posted the news publicly via a note from Beth Galetti, Senior Vice President of People Experience, earlier today. Galetti said the mass layoffs are about “working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy,” which she previously raised in October 2025, at which point around 14,000 were let go. The next round of layo ...
Former HR Rep Says 'I'm Not Trying To Create Paranoia'—But If You See These Red Flags, It's Probably Time To Update Your Résumé
Yahoo Finance· 2026-01-08 17:31
Some layoffs arrive with a bang. Most don't. Instead, they creep in quietly—through canceled offsites, stiff messaging, and a strange shift in your manager's tone. One former HR rep says those early signs are rarely imagined—and often arrive months before anyone hears the word "restructure." In a post on Reddit, the ex-HR professional shared a detailed breakdown of how layoffs unfold behind the scenes. After experiencing three rounds—twice in HR, once as the person laid off—they laid out what they called ...
Layoffs show no sign of rising: Jobless claims still very low historically
MarketWatch· 2026-01-08 14:46
Core Insights - The number of layoffs is a significant indicator of economic health, and currently, businesses are not cutting many jobs, indicating that the U.S. economy is still expanding [1] Group 1 - Layoffs are a critical measure of economic conditions [1] - Current job cuts are minimal, suggesting stability in the job market [1] - The U.S. economy continues to show signs of expansion despite potential concerns [1]
Layoff plans for December hit lowest monthly level since 2024 in 'positive sign,' Challenger says
Yahoo Finance· 2026-01-08 13:18
Employers announced 35,553 layoffs in December in the lowest monthly total since July 2024, despite sweeping job cuts in the fourth quarter, according to a Thursday report from the global outplacement firm Challenger, Gray & Christmas. “The year closed with the fewest announced layoff plans all year,” Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas, said in the report. “While December is typically slow, this coupled with higher hiring plans, is a positive sign ...
Goldman Sachs expects layoffs to keep rising—and says investors are punishing the stocks of companies that slash staff
Yahoo Finance· 2025-12-25 10:00
Core Insights - Recent layoffs in public companies are increasingly linked to benign factors like automation and technological advancements, yet these announcements have led to an average stock decline of 2% instead of the expected increase [2] - Goldman Sachs analysts suggest that the market perceives these layoffs as negative signals regarding companies' future prospects, despite the companies' claims of restructuring [2] - Companies announcing layoffs have shown higher capital expenditures, debt, and interest expenses, alongside lower profit growth compared to industry peers, indicating that layoffs may be driven by more concerning financial pressures [2] Group 1 - Executives from major companies like Amazon and JPMorgan Chase are openly discussing how AI-driven efficiency may reduce workforce needs, with fewer employees becoming a point of pride among Fortune 500 CEOs [3] - The narrative around AI efficiency is prevalent, but there are instances where companies, like Klarna, have reversed hiring freezes to ensure customer service remains human-centric, highlighting a balance between technology and human interaction [3] Group 2 - Goldman Sachs predicts a potential rise in layoffs as companies seek to reduce labor costs through AI, reflecting a shift in investor sentiment towards restructuring-driven layoffs [2] - The trend of executives confidently discussing layoffs and AI's role in workforce reduction contrasts with the reality of financial pressures that may be driving these decisions [2]
Jobless claims fall again — and they're even lower than last year
MarketWatch· 2025-12-24 13:49
Much has changed in the U.S. economy since President Trump took over from President Biden nearly one year ago, but one thing hasn't: The low level of layoffs. ...
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Bloomberg· 2025-12-17 10:10
Bankruptcies and loan delinquencies among American small businesses are ticking up, and layoffs are mounting as Main Street struggles https://t.co/Pc0yo6iH23 ...