Leading Companies Announcing Layoffs And Hiring Freezes in . . . In Q1 2025, the U S workforce faced major disruptions driven by federal layoffs, corporate restructuring, cost-cutting measures, economic pressures, and financial distress across sectors Federal agencies drove over half of all layoffs this quarter, with over 150,000 job cuts reported in February and March
The Biggest Companies Across America Are Cutting Their Workforces Amazon CEO Andy Jassy told employees Tuesday that AI will eliminate certain jobs in coming years, while Procter Gamble announced plans to cut 7,000 positions to create "broader roles and smaller teams " Bank of America reduced its workforce from 285,000 in 2010 to 213,000 today while revenues climbed 18% over the past decade
Amazon, Microsoft, Meta, Intel and more: List of top US tech . . . -Crowdstrike: Crowdstrike, the cybersecurity company that became a household name after causing a massive global IT outage last year has announced it will cut 5% of its workforce in part due to “AI efficiency” In a note to staff earlier this week, released in stock market filings in the US, CrowdStrike’s chief executive, George Kurtz, announced that 500 positions, or 5% of its workforce
The List of Layoffs Sweeping the US: Boeing, Meta, Google . . . Companies like Flagstar Bank, Meta, PwC, Tesla, Google, Microsoft, and Nike have all announced cuts See the list of companies reducing their worker numbers in 2024 After a brutal year of layoffs
Mass Layoffs Loom for One of the U. S. ’s Largest Workforces . . . Giants like Amazon, Google, Tesla, Microsoft, Joann Fabrics, and Estée Lauder are cutting tens of thousands of jobs amid economic uncertainty and structural shifts Over 150,000 tech jobs were cut in 2024 alone, with layoffs extending into retail, where job cuts surged by nearly 300% early in 2025