{"id":1297127,"date":"2025-07-01T12:55:00","date_gmt":"2025-07-01T07:25:00","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1297127"},"modified":"2025-07-01T12:55:35","modified_gmt":"2025-07-01T07:25:35","slug":"7-lakh-us-employees-fired-in-just-150-days-layoffs-surge-80","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/7-lakh-us-employees-fired-in-just-150-days-layoffs-surge-80\/","title":{"rendered":"7 Lakh US Employees Fired In Just 150 Days: Layoffs Surge 80%"},"content":{"rendered":"\n

It seems that the American companies are laying off workers in large numbers as the employers have already announced about 7 lakh job cuts in just five months of 2025.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Surge In US Layoffs <\/strong><\/p>\n\n\n\n

This is almost an 80% rise from the same period the previous year.<\/p>\n\n\n\n

A recent report<\/a> which was released by global outplacement and business and executive coaching firm Challenger, Gray & Christmas revealed that employers have announced 696,309 job cuts through May, marking an increase of 80% from the 385,859 announced in the first five months of last year.<\/p>\n\n\n\n

This is interesting as the numbers are 65,049 cuts away from matching the entire year\u2019s total for 2024.<\/p>\n\n\n\n

Earlier, the US-based employers announced 93,816 job cuts during May.<\/p>\n\n\n\n

This is down 12% from 105,441 cuts in April, and up 47% from 63,816 announced in the same month last year.<\/p>\n\n\n\n

Why Would This Happen?<\/strong><\/p>\n\n\n\n

The main reasons behind company layoffs include consumer spending, funding cuts, tariffs, and general economic gloom, according to Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas.<\/p>\n\n\n\n

Now the businesses are cutting back on expenditure, delaying recruiting, and issuing layoff letters owing to the extreme strain these circumstances are placing on their workforces.<\/p>\n\n\n\n

Notably, technology remains to be a leading sector for these job cuts as it faces mounting and rapidly changing disruptions. <\/p>\n\n\n\n

While that being said, technology firms such as Amazon, Google, Meta, Microsoft, are expected to let off more than 1 lakh employees by 2025. <\/p>\n\n\n\n

In the case of Microsoft, the company plans to cut thousands of jobs, mainly in sales, as it streamlines its workforce amid increased AI investments.<\/p>\n\n\n\n

It appears that AI has emerged as a big disruptor of tech employment as technology firms have been increasingly announcing job layoffs to make way for AI expertise and investments.<\/p>\n\n\n\n

After technology, retail is the second-leading industry in job cuts this year, behind the Government.<\/p>\n\n\n\n

So far, retailers with 11,483 jobs cut further plans for a total of 75,802.<\/p>\n\n\n\n

This is going to be a 274% increase from the 20,276 Retail job cuts announced in the first five months of 2024.<\/p>\n\n\n\n

The foreign-born workers saw a slightly higher rate of unemployment than their native-born counterparts during 2024.<\/p>\n\n\n\n

The results would further skew as the Trump administration\u2019s immigration policies of 2025 are in favour of native-born American workers as job layoffs across the board increase.<\/p>\n\n\n\n

Image Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It seems that the American companies are laying off workers in large numbers as the employers have already announced about 7 lakh job cuts in just five months of 2025. Surge In US Layoffs  This is almost an 80% rise from the same period the previous year. A recent report which was released by global […]<\/p>\n","protected":false},"author":27,"featured_media":1297129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[4857,329],"class_list":["post-1297127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-layoff","tag-usa"],"acf":[],"yoast_head":"\n7 Lakh US Employees Fired In Just 150 Days: Layoffs Surge 80% - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/7-lakh-us-employees-fired-in-just-150-days-layoffs-surge-80\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7 Lakh US Employees Fired In Just 150 Days: Layoffs Surge 80% - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"It seems that the American companies are laying off workers in large numbers as the employers have already announced about 7 lakh job cuts in just five months of 2025. 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