Massive Job Cuts Across US

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mondays

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Job cuts surge in the US, with over 150,000 jobs lost in October, marking the largest wave of layoffs in over two decades. Companies like Amazon, ConocoPhillips, Paramount, UPS, and Verizon are reducing their workforce due to cost savings, AI adoption, tariffs, and corporate restructuring. The American workforce faces a challenging period of adjustment as businesses prioritize efficiency and cost control.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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