U.S.-based companies announced 62,075 job cuts in July, a 29% jump from June — and a 140% surge compared to last year, according to a new report.

Job cut announcements rose 29% in July from the previous month, according to outplacement firm Challenger, Gray & Christmas.

The American job market faces turbulence. Mass layoffs are impacting various sectors. In 2025, over 800,000 individuals lost ...

Plans to reduce staff spiked in July to a level that was well above the average for the month since the pandemic, with ...

It was the first time in seven weeks that benefit applications rose, although layoffs remain at historically low levels. The ...

Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter, a 36% increase over the same quarter a year ago. Revenue jumped 22%.

Nearly 300,000 government jobs have been cut so far this year, according to a new report, far more jobs than any other sector.

When he announced mass layoffs earlier this year, Workday CEO Carl Eschenbach invited employees to consider the bigger ...

A new report from Indeed reveals that tech job postings in July were down 36% from early 2020 levels. While AI is a factor, ...

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Microsoft's data center boom has been imperiling its 2030 carbon negative pledge, so the tech giant is turning to Vaulted Deep, which operates like a reverse oil company.