Layoffs have exceeded 1.1M in 2025, the highest mark since the 2020 pandemic, consultancy says

Layoffs have exceeded 1.1M in 2025, the highest mark since the 2020 pandemic, consultancy says

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Layoffs have exceeded 1.1M in 2025, the highest mark since the 2020 pandemic, consultancy says
Companies have cut more than 1 million jobs so far this year, a consulting firm said Thursday, citing restructuring, artificial intelligence and economic factors such as tariffs as the key drivers of layoffs.

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