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In a context of intense competition, high operating costs, and changes in consumption habits, the United States is facing a new wave of mass layoffs across the country. Companies are adjusting their structures to sustain margins while the labor market shows signs of strain.

In this scenario, a giant company has confirmed a historic cut that will affect thousands of workers. This announcement adds to a climate of labor instability that is affecting several key sectors and could continue over the next few months.

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A major company announced mass cuts: who will be affected?

The cut amounts to 15% of the workforce in the United States, includes a reduction of more than 20% in non-union management positions, and the conversion of 180 company-owned stores into franchised locations. The company seeks to simplify its structure and reduce costs after multimillion-dollar investments in 5G networks and recent acquisitions.

It is Verizon. According to Reuters, the company will eliminate around 15,000 jobs, the largest adjustment in the company’s history. The decision comes from its new CEO, Dan Schulman, who is driving a deep restructuring to face competition and the decline in subscribers.

The company will eliminate around 15,000 jobs, the largest adjustment in the company’s history. Image: Verizon.

Sectors that are carrying out mass layoffs

Verizon’s announcement comes in a labor context marked by cuts across multiple industries. In sectors such as technology, energy, manufacturing, logistics, and consumer goods, several companies have begun adjustment processes to confront rising costs and demand that shows signs of cooling.

In this context, different business groups have announced staff reductions that affect thousands of workers in the United States.

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Which companies announced job cuts in recent months

An analysis of recent corporate decisions reveals a significant impact on employment. Below are the layoff and hiring figures at various companies:

  • Amazon: 14,000 corporate positions.
  • UPS: 48,000 workers.
  • General Motors: 3,300 cuts.
  • Chevron: 8,000 employees.
  • Exxon: 2,000 positions.
  • Meta: 600 roles.
  • IBM: thousands of employees.
  • Starbucks: 2,000 positions.
  • Walmart: 1,500 employees.
  • Procter & Gamble: 7,000 cuts.