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RussBLib

(10,396 posts)
Tue Oct 28, 2025, 06:14 PM Oct 28

tracking job cuts

The last time I tracked lots of job cuts was back in the Bush, Jr (Shrub) years. Here we are again, another Republican fucking shit up.

I don't trust AI. Most info below via AI:

As of September 2025, U.S. employers announced 946,426 job cuts, primarily driven by federal government restructuring and cuts in the tech and retail sectors. Outplacement firm Challenger, Gray & Christmas projects that job cuts could exceed 1 million by the end of the year, the highest since 2020.

Key layoff figures for 2025:
Year-to-date (through September): 946,426 job cuts announced.

September: 54,064 job cuts announced, a 37% decrease from August.

Third quarter (Q3): 202,118 planned layoffs were announced, the highest Q3 total since 2020.

Federal government: This sector accounts for the highest number of cuts, with 299,755 announced through September.
The majority were federal workers impacted by restructuring under the new administration.

Tech sector: Over 107,000 job cuts were announced through September, although this represents an 8% decline compared to the same period in 2024. Artificial intelligence was cited as a contributing factor for over 17,000 of these cuts.

Major companies with job cuts in 2025

UPS: Cut 48,000 jobs by October 2025, largely to control costs.

Amazon: Announced plans in late October to eliminate 14,000 corporate roles, citing advances in AI.

Microsoft: Made multiple rounds of cuts throughout the year, with a single round in July affecting an estimated 9,000 employees.

ConocoPhillips: Cut up to 25% of its workforce, impacting up to 2,950 employees.

Chegg: Reduced its workforce by about 45%, or 388 roles, in October, citing the impact of AI.

Estée Lauder: Announced plans in February to cut 5,800 to 7,000 jobs over two years as part of a restructuring.

Intel: In July, the company began a process to lay off more than 5,000 employees across four states.

Factors contributing to job cuts in 2025

Federal budget cuts: A significant portion of layoffs, particularly impacting the government and non-profit sectors, resulted from federal budget reductions and the reorganization of departments.

Economic conditions: Market uncertainty, persistent inflation, and fluctuating consumer demand were cited by many companies as reasons for workforce reductions.

Technological change: The increasing adoption of AI and automation led to layoffs across the tech, media, and other industries as companies restructured and eliminated roles.

Corporate restructuring: Many businesses underwent restructuring efforts to increase efficiency, streamline operations, and cut costs.

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https://layoffs.fyi is the site I found recently. Sortable columns, different filters. Lots of data on here, but some is difficult to access

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tracking job cuts (Original Post) RussBLib Oct 28 OP
Here's another good link to follow about what's really going on jmbar2 Oct 28 #1

jmbar2

(7,515 posts)
1. Here's another good link to follow about what's really going on
Tue Oct 28, 2025, 06:49 PM
Oct 28

She is very good at compiling the real data from multiple sources. We are in a recession, being masked by a jacked up stock market. House of cards.

https://x.com/thejobchick

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