Despite a steady labor market, many U.S. companies are under pressure to reduce costs because of global uncertainty linked to ...

Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in ...

A wave of bankruptcies and widespread store closures among major high-street names—such as Macy’s, Joann, and Forever 21—has ...

Layoffs of U.S. workers were nearly 50% higher in May than they were a year ago, with reductions attributed to the Department of Government Efficiency (Doge) remaining the leading reason for job ...

The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas.

Macy’s, Joann and CVS are among the major retailers announcing widespread store closures and job losses as the U.S. economy struggles ...