@makanmostafavi: U.S. companies announced 108,435 layoffs in January, a 205% jump from December and the highest January total since 2009, per Challenger, Gray & Christmas. The biggest cuts came from transportation, led by UPS’s plan to eliminate up to 30,000 jobs, and tech, driven largely by Amazon’s 16,000 planned layoffs. Healthcare also saw meaningful reductions. The primary causes were lost contracts and economic uncertainty, while AI-related cuts made up 7% of the total. On the hiring side, companies announced just 5,306 new positions, marking the weakest January hiring outlook ever recorded.

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Saturday 07 February 2026 19:00:00 GMT
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