US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in 2025 so far, representing about 40% of cuts.

Orignial Source:

https://www.foxbusiness.com/economy/us-layoffs-spike-nearly-50-doge-driven-cuts-take-center-stage

Sidebar

Financial News

US layoffs spike nearly 50% as DOGE-driven cuts take center stage

National Weather