Several major companies announced layoffsthis past week in a high-profile development that comes with major concerns about the strength of the labor market and a void of job openings for newly unemployed people. Job creation has slowed throughout the year and businesses have pulled back on hiring, raising fears of a broader slowdown and stirring worker anxieties about staying employed. Surveys of consumer attitudes about the economy have captured increasing anxiety about the labor market that has already been a difficult one to navigate for people entering the workforce for the first time. Even with momentum slowing, companies had mostly held onto employees throughout the year. But some...
Sunday 2 November 2025
wn.com - 2 days ago
List of major layoffs continues to grow along with concerns about the labor market
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