Money's Too Tight To Mention - Layoffs And Mass Unemployment

By DebD ProsperityJoy

 


There's been a lot of social media broadcasts concerning the massive amount of layoffs throughout the US. People are losing jobs and many are finding it difficult to find new employment. 

To make things worse rents are increasing and food prices are through the roof. What's causing the mass layoffs? It's not simply because of AI. In fact, I think they're exaggerating the effectiveness of AI. How many times have you received incorrect information when you've used AI technology? But that issue is for another blog post.

There are a number of reports that DOGE investigations and USAID cuts are affecting the US economy; hence, the reason for the mass layoffs and it's quite serious indeed. Large companies like USPS, Microsoft (recently laid off/fired 9000 employees, Citigroup fires 20,000 workers, Walmart, Amazon, Google, Fed Ex, Starbucks and more are laying off 1000s. The retail sector is being dragged to its grave...literally. Read the news about it HERE.  

Don't QUIT Your Job! Why Mass Layoffs Are Getting WORSE in 2025



Many international companies are cutting their workforce globally. Chevron is slashing 20% of its global workforce. BP is cutting 7,700 of its global workforce. Adidas plans to slash 500 jobs in Germany. Estee Lauder the global cosmetic giant will cut between 5,800 and 7,000 jobs. Intel the chipmaker will cut 15% to 20% of its workforce. You can view the  2025 Business Insider list HERE. 

According to the author of the site Demandsage:

Layoffs continue to affect millions of people annually, with approximately 1.5 million U.S. workers being laid off each month, totaling nearly 18 million per year.

In 2025 alone, over 172,000 employees were dismissed from 1,220 companies, with 141,000+ from 468 tech firms. Startups and tech giants, including Google, Amazon, and Microsoft, led to mass layoffs in 2023, impacting hundreds of thousands of people globally.

Roughly 21% of companies are expected to conduct layoffs, while 61% of adults aged 18–34 report layoff-related anxiety. Interestingly, women face a 25% lower risk of being laid off.

These statistics reveal the economic volatility and shifting job security across industries. 


Layoffs No Money - How Are Consumers Surviving

There's no doubt about it consumers are taking a massive hit to their pockets. With prices consistently rising with no end in sight including rents and mortgages, people are having a hard time making ends meet.

The video below gives a clear picture of what's taking place with consumers and their finances in 2025.

You Will OWN NOTHING and be POOR... | Cost of Living Crisis






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