U.S. Worker Anxiety Expected to Rise in the 'forever layoffs' Era

Sunday, November 16, 2025

Employers used to refrain from cutting jobs during the holiday quarter, but October proved to be a bloodbath.

Posted by reinheitsgebot at 10:31 AM | 2 COMMENTS | permalink

Amazon announced 14,000 layoffs. Its CEO made over $40M last year. UPS announced 48,000 layoffs. Its CEO made over $24M last year. Intel announced 20,000 layoffs. Its new CEO's pay package is valued at nearly $69M. This is what I mean when I say the system is rigged.
-- Robert Reich (@rbreich.bsky.social) Nov 15, 2025 at 4:30 PM

Comments

Through October, employers announced 1.1 million job cuts, a 65% year-over-year increase from the 665,000 cuts made through October last year. Employers have already cut 44% more jobs through October than they did in all of 2024.

Are you tired of all the winning yet?

#1 | Posted by reinheitsgebot at 2025-11-15 09:43 AM