24 x 7 World News

US Layoffs 2025: Job Cuts Coming to United States This Year As Companies Adjust Their Workforce to Prepare for Market Shifts, Says Report

0

New York, January 5:┬аLayoffs are┬аabout to hit the US┬аmarket in 2025, affecting more┬аpeople in multiple sectors. In 2024, the United States saw various job cuts affecting thousands of employees from companies including Tesla, X, Amazon, General Motors, Boeing, Spirit Airlines, Microsoft, Meta, Intel, Google, AMD and others. Various reports suggested that the American economy was still recovering from the effects of the COVID-19 pandemic; this year could bring both good and bad news for some people in the country.

Last year, several┬аleading companies reduced their workforce for various reasons, including business restructuring, cutting costs, shifting their focus,┬аshutting operations and departments, and adopting I and automation. Boeing and Spirit Airlines have already announced┬аlayoffs that would┬аaffect more employees┬аin 2025 from various departments amid their ongoing struggles. Amazon, which┬аintroduced new work from the office mandate, will┬аcut some of its roles this year.┬аSolarEdge Layoffs: Israel-Based Solar Energy Tech Company To Announce New Round of Job Cuts Amid Facing Struggles in US, Europe Market.

Google┬аlayoffs are expected to be announced┬аin 2025, as CEO Sundar Pichai mentioned during last year’s all-hands meeting in December 2024. It cannot be said how many people would be affected by the US layoffs in 2025; however, they could be larger.┬аAs per a┬аreport┬аby┬аNewsweek,┬аBGG Enterprises CEO Stephanie Alston said that the┬аtrajectory of layoffs in 2025 would depend on┬аvarious factors, including consumer demand, macroeconomic conditions and the ability of the companies to adopt┬аthe evolving business landscape.

In 2024,┬аlarge-scale layoffs were announced, affecting employees from tech, automobile, retail, finance, news and media, and other┬аallied sectors.┬а2025 would depend on the companies stabilising after restructuring, or they may continue cutting jobs to tackle the market uncertainty. In 2025, it is expected that tech companies, including Google, Meta, and others, will focus on AI projects and likely reduce some redundant roles.┬аLayoffs in 2024: 151,484 Employees Laid Off This Year by 542 Companies, Tech Leaders Tesla, Intel, Dell, Microsoft, Meta and Others Cut Thousands of Jobs; Check Details.

Stephanie Alston said there could be a potential┬аadministrative shift that could impact the labour market in 2025. There may be layoffs this year, but the government┬аheaded by Donald Trump could introduce new policies, regulations and trade-related laws, letting the companies reconsider their approach to job cuts.┬а

(The above story first appeared on LatestLY on Jan 05, 2025 04:14 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website todaynews24.top).

Leave a Reply