US Layoffs Surge to Highest Level Since 2009 Amid Economic Uncertainty
ByAinvest
Friday, Feb 6, 2026 8:42 am ET1min read
AMZN--
UPS--
US layoffs surged in January to 108,435, a 118% YoY increase, according to Challenger, Gray and Christmas. The top reasons cited for layoffs were losing a commercial contract, stock market and economic conditions, and restructuring. Amazon cut 16,000 jobs, and UPS plans to slash its workforce by 30,000 this year. Layoffs in the transportation, technology, healthcare, chemical, and media sectors were the highest. Experts question the role of AI in layoffs, with some attributing job cuts to its adoption.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet