Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Publishing timestamp: 2025-06-05 18:47:03
Summary
Companies are facing pressure to cut costs due to global economic uncertainty caused by trade policies. Layoffs are being used as a way to reduce expenses, with some companies citing artificial intelligence as a factor. Several companies, including Walmart, Microsoft, Procter & Gamble, and others, have announced job cuts in recent weeks. Trade tensions and concerns about the health of the U.S. economy are also contributing to the layoffs.
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Source: https://www.cnbc.com/2025/06/05/corporate-layoffs-companies-making-job-cuts.html