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US layoffs hit a 20-year high in October 2025, with 153,074 job cuts announced by American companies, a 183% increase from September and 175% compared to October 2024. Technology and warehousing sectors led the downturn, with nearly 450 job cut plans tracked. Industry experts attribute the surge to cost-cutting efforts and accelerated adoption of artificial intelligence (AI), reshaping job roles and productivity expectations. Notable companies announcing significant layoffs include Amazon, UPS, Intel, Microsoft, Salesforce, and Meta.

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