General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMajor employers signal layoffs in January
Over 100 employers nationwide have filed notices announcing plans to cut jobs in January 2026, according to WARNTracker.com data. Workers across retail, manufacturing, healthcare, and technology sectors will face job losses as major names, including Amazon, FedEx, and General Motors, implement post-holiday reductions.
The filings come as businesses contend with shifting trade policies, rising labor costs, and operational restructuring. Under federal law, companies must announce mass layoffs at least 60 days before they take effect.
Link
www.msn.com/en-us/money/companies/major-employers-signal-layoffs-in-january/ar-AA1U3u3e?ocid=msedgntp&pc=HCTS&cvid=8f0d254857bb4fb0cdb1b2cdbee7573e&ei=29
Coldwater
(965 posts)United Parcel Service is undertaking the most aggressive retrenchment in its history, eliminating 68,000 jobs and closing 73 facilities as it refocuses on profitability and a leaner network. The cuts, described as the largest purge in the company's 118-year existence, cap a multi‑year restructuring that has already reshaped how parcels move across the United States and beyond. I see this as a pivotal moment not just for UPS workers and customers, but for the broader logistics economy that depends on the brown‑and‑gold giant's reach
The scale of a historic purge
The headline numbers are stark. UPS has confirmed plans to eliminate 68,000 jobs and close 73 facilities, a combination that executives themselves frame as the largest purge in the company's 118-year history. That phrase is not hyperbole. Earlier restructuring waves were measured in the tens of thousands of roles, but this new phase folds those earlier cuts into a single, sweeping redesign of the network.
Link
www.msn.com/en-us/money/economy/ups-cuts-68-000-jobs-and-closes-73-sites-in-its-biggest-purge/ar-AA1TU0uh?ocid=BingNewsSerp
Hugin
(37,459 posts)No more coasting on the efforts of the previous administration and frankly, government. Its all Trump now.
dalton99a
(92,238 posts)markodochartaigh
(5,057 posts)during the early days of the pandemic. Benefit growth was actually higher (3.8%). Could companies be anticipating a jump in benefits growth to pay for their part of employees' health insurance which will soon spike because of Republicans cavalier attack on the ACA? Of course the money that hospital corporations, doctors (especially those who are in practices bought by private equity), and other health care providers have been getting from the ACA will have to be made up from somewhere or industry wide layoffs will be needed to maintain profitability.
https://www.bls.gov/news.release/pdf/eci.pdf