Get Ready For ‘100k Job Cuts in January’

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As the United States economy continues its recovery from the shock of the coronavirus pandemic, things are certainly looking up—but not everyone will have job security in 2025.

The final months of 2024 delivered additional blows to workers in several sectors as numerous layoff announcements were made for 2025. Major companies, including Amazon, aircraft manufacturer Boeing, and budget carrier Spirit Airlines, have all announced layoffs that will impact employees into 2025. While the number of job layoffs across the U.S. in 2024 is not yet available, it’s likely that it fared better than in 2023, when layoffs soared by 98 percent in 2022, given improving economic conditions.

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What will happen in this new year remains to be seen.

“The trajectory of layoffs in 2025 will depend on several factors, including macroeconomic conditions, consumer demand, and how companies adapt to an evolving business landscape,” Stephanie Alston, CEO of BGG Enterprises, told Newsweek.

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“While 2024 saw significant downsizing in industries such as tech, finance, and retail, the outlook for 2025 hinges on whether companies stabilize after restructuring or continue to reduce staff in response to market uncertainty.”

https://www.newsweek.com/layoffs-us-jobs-market-2025-2009062


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