Federal data indicates a rise in planned layoffs for July, primarily affecting the technology and manufacturing sectors. These workforce reductions are attributed to increased uncertainty, the integration of AI, and a desire for greater efficiency. While the overall labor market remains stable with low unemployment, hiring has become more selective. Experts suggest these layoffs represent structural shifts rather than a broad economic decline. The trend points to a cautious hiring environment as companies adapt to evolving industry needs.
U.S.
https://www.newsweek.com/list-of-companies-laying-off-employees-in-july-12128209