Though we’re less than two months into 2025, many companies have already announced layoffs this year.
Headcount reductions in early 2025 are taking place at companies in a broad range of sectors, impacting thousands of employees.
FILE – The Blue Origin logo is displayed on a building following a successful Blue Origin New Shepard rocket launch from Launch Site One in West Texas north of Van Horn on March 31, 2022. (Photo by PATRICK T. FALLON/AFP via Getty Images)
Here are the companies that have announced layoffs so far:
RELATED: Southwest Airlines to cut 15% of its workforce in its first-ever mass layoffs
Dig deeper:
Nearly 49,800 jobs received the ax from U.S. companies in January, according to a Feb. 6 report from Challenger, Gray & Christmas.
The outplacement firm said that marked the “lowest January job cut total” in three years. At the same time, it represented a 28% jump from December.
“January was relatively quiet in terms of job cut announcements. However, we’ve already seen major announcements in the early days of February, so it seems this quiet is unlikely to last,” Challenger, Gray and Christmas Senior Vice President Andrew Challenger said in the report.
RELATED: Meta slashes 3,600 jobs worldwide, including in the Bay Area
The private sector isn’t the only place where mass layoffs are happening.
What we know:
Thousands of federal government employees have been shown the door in the first month of President Donald Trump’s administration as the White House and its Department of Government Efficiency fire both new and career workers, tell agency leaders to plan for “large-scale reductions in force” and freeze trillions of dollars in federal grant funds.
Here are some of the departments that have seen cuts so far:
What we don’t know:
There is no official figure available for the total firings or layoffs.
The Source: Information for this article was gathered from FOX Business, The Associated Press and previous reporting by LiveNOW from FOX. This story was reported from Los Angeles.
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