Economics ❯Labor Market

Job Losses

Economic Impact Corporate Restructuring Industry Trends Unemployment Manufacturing Jobs Tech Industry Sector Analysis Federal Employment Manufacturing Sector Impact of Tariffs

Intel to Eliminate 584 Bay Area Positions in Mid-July Layoffs

The move implements CEO Lip-Bu Tan’s strategy to slash one-fifth of Intel’s global staff in response to steep losses from AI chip rivals.

Intel Moves to Slash 20% of Workforce With Over 600 U.S. Layoffs and Munich Chip Unit Closure

California Legislature Raises Film Tax Credit Cap to $750 Million

French Assembly Readies Vote to Freeze Wind, Solar Projects Ahead of Nuclear Expansion

Justice Department to Cut 264 Jobs After Budget Pressures

Inheritance Tax Relief Reforms Could Put 208,500 Family Business Jobs at Risk

China’s Industrial Profits Climb 3%, Prompting Broad Stimulus to Shore Up Growth

Tech Layoffs in 2025 Top 61,000 as AI Reshapes Workforce

Scotland Warned of Job Losses Without Urgent Transition Plan for Oil and Gas Workers

South Korea Adds 194,000 Jobs in April as Manufacturing Declines Deepen

ArcelorMittal Faces Protests in Paris Over Job Cuts and Decarbonization Freeze

Panasonic Announces 10,000 Job Cuts in Global Restructuring

Harbour Energy to Cut 250 Jobs, Citing UK Windfall Tax and Carbon Capture Delays

Trump Pushes 100% Tariff on Foreign Films, Leaving Hollywood and Allies in Limbo

UK Government Takes Emergency Control of Scunthorpe Steel Plant

Federal Layoffs Reach Historic Levels Under DOGE Initiative

UK's 'Tractor Tax' Faces Backlash Over Job Losses and Economic Impact

Trump Administration Implements Sweeping Federal Workforce Reductions

HP to Shift 90% of North American Production Out of China, Lay Off Up to 2,000 Workers

Alcoa Warns Trump’s Aluminum Tariffs Could Threaten 100,000 U.S. Jobs