Layoffs

Instead of finding a new job after a layoff, Montrose Fell plans to find a new life — by pursuing permanent residency in Canada.

And that change could be for the better.

The company is cutting layers of management to streamline decision-making. Will it work?

For every job seeker, there are 1.05 jobs available.

Some companies are replacing workers lost to the administration’s crackdown on immigrants. Others are correcting for misguided layoffs.

After Joe Moore was laid off from his job in tech in 2024, he started his own business repairing vintage guitar amplifiers.

Resume site Zety did a survey of layoff announcements and found that almost a third of tech companies conducted at least two rounds of layoffs between 2023 and 2025.

Continuing unemployment claims fell by 32,000 the week before last and have been trending down since late last year.

Unemployment insurance claims dropped more than expected last week. The number of people filing for jobless benefits for the first time fell to 205,000, the lowest level since January.

Amazon, Dow, UPS, Pinterest, and T-Mobile are among the many companies to announce layoffs in the last couple of weeks.