Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

Image for article Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently
News Source : Associated Press

News Summary

  • Some companies have pointed to rising operational costs spanning from U.S. President Donald Trump’s barrage of new tariffs and shifts in consumer spending.
  • Others cite corporate restructuring more broadly — or are redirecting money to artificial intelligence.
  • General Motors will lay off about 1,700 workers across manufacturing sites in Michigan and Ohio in late October.
  • Verizon began laying off more than 13,000 employees.
  • United Parcel Service has disclosed about 48,000 job cuts this year as part of turnaround efforts.
NEW YORK (AP) Its a tough time to be looking for a job.Amid wider economic uncertainty, some analysts have said that businesses are at a nohire, no fire standstill. Thats caused many to limit new [+5608 chars]

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