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https://apnews.com/article/layoffs-2025-amazon-ups-job-cuts-8413af9ac5b434b092ed76d6fa6cd196
NEW YORK (AP) Its a tough time for thejob market.
Amid wider economic uncertainty, some analysts have said that businesses are at a no-hire, no fire standstill. Thats caused manyto limit new workto only a few specific roles, if not pause openings entirely. At the same time, some sizeable layoffs have continued to pile up raising worker anxieties across sectors.
Some companies have pointed to rising operational costs spanning from President Donald Trumps barrage of newtariffsand shifts in consumer spending. Others cite corporate restructuring more broadly or, as seen with big nameslike Amazon, are redirecting money to investments like artificial intelligence.
