US EditionLayoffs Climb to Highest Level Since 2020: Research
- U.S. companies announced 744,308 job cuts in the first half of 2025, the highest midyear total since 2020.
- This surge follows rising layoffs in retail, tech, nonprofits, and federal agencies driven by economic uncertainty and cost-cutting efforts.
- Retail lost nearly 80,000 jobs, up 255% from last year, tech saw over 76,000 cuts due to AI and visa issues, and federal cuts approached 290,000.
- Despite high layoffs, planned hires rose 19% year-over-year and unemployment remains 4.2%, while experts warn economic concerns persist.
- Workers report anxiety about job security, but advisors suggest honest discussions and planning can increase a sense of control during instability.
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INFO THE FIGARO - In the first half of the year, the number of company failures reached a record level, a quarter higher than before the Covid pandemic.
Layoffs climb to highest level since 2020: Research
Layoffs across the United States have climbed to the highest level since 2020, when the COVID-19 pandemic slowed down economies around the world, according to a new report that was published on Wednesday. The report, which was released by the executive coaching firm Challenger, Gray & Christmas, said companies have announced 744,308 job cuts so…
Dismissals in the United States have reached the highest levels since the 2020 pandemic, with sectors such as the federal and retail sectors being the most affected
Alert as layoffs reach their highest level since 2020: Here's why companies are cutting so many jobs
Layoffs all over the United States have hit their highest point since the start of COVID-19. Over 744,000 jobs were lost in the first half of 2025, as told by the firm Challenger,
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