The tech industry continues to face significant workforce reductions in 2025, with over 62,000 employees laid off across ...

Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in ...

U.S. layoffs so far this year are at their highest levels since 2020 as Elon Musk's Department of Government Efficiency and ...

The impact of the global trade war since Trump’s “liberation day” reciprocal tariffs in April is beginning to mount across ...

Procter & Gamble (PG) has outlined plans to lay off 7,000 workers from its global workforce over the next two years. Clothing ...

Ahead of the release of the May jobs report, more companies are replacing workers with AI, compounding a tough job market and ...

While filings remain at historic lows, the uptick in unemployment claims from last week could point to a slowing labor market ...

U.S. employers announced almost 100,000 job cuts in May, up an eye-watering 47% from the same month last year, according to ...

While new filings are still at historically low rates, they reflect recent layoffs and a softening economic outlook.

But the number remains historically low despite growing uncertainty about how tariffs could impact the broader economy.

The world's largest consumer goods company also plans to exit some product categories and brands in certain markets.

New applications for jobless benefits rose by 8,000 to 247,000 for the week ending May 31, the Labor Department said Thursday. That's the most since early October.