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Layoffs Expected in US Job Market for 2025 Amid Economic Changes

share-iconSunday, January 05 comment-icon2 weeks ago 5 views
News sources:
newsweekNEWSWEEK
Layoffs Expected in US Job Market for 2025 Amid Economic Changes

Credited from: NEWSWEEK

  • As the US economy recovers from the pandemic, job security remains uncertain for many employees in 2025.
  • Major companies including Amazon, Boeing, and Spirit Airlines have announced upcoming layoffs.
  • The CEO of BGG Enterprises highlighted that the future of layoffs will depend on macroeconomic conditions and consumer demand.
  • Despite a 42% reduction in layoffs compared to 2023, sectors like tech were notably affected in 2024.
  • The potential upcoming administration changes may shift corporate strategies, impacting workforce stability in 2025.

For more details, visit the original article at Newsweek.

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