Largest Corporate Layoffs of 2025

Companies are downsizing as the future looks bleak. Third-nation outsourcing is prevalent, and the domestic workforce is tightening. Several corporations shrank their workforce significantly this year in a trend that will continue as the economy turns down.

GEICO insurance company, a subsidiary of Berkshire Hathaway, reduced its workforce by 30,000 positions. Insurance may have seemed like a stable industry, but insurers are facing high competition and lower margins. The company believes it can save $20 billion annually by scaling its workforce and moving some of its operations to Florida. Many of these positions related to network management, data, security operations, and customer service are now automated.

Intel Corporation shed 24,000 positions this year but plans to continue layoffs through the rest of Q4. Intel believes it only needs to retain 75,000 “core employees” from the initial 99,500 it had at the beginning of the year. Semiconductor manufacturing is of the utmost importance, and resources must be redirected toward manufacturing. A downsizing of this size signals a complete structural change in the company.

At the beginning of the tariff debacle, UPS announced it was cutting 20,000 jobs. The market is extremely competitive, and margins have slimmed due to tariffs and supply chain issues. UPS believes it is “future-proofing” its company by relying more on automation than human workers. Warehouses and distribution centers have been the first line of attack for AI replacement.

Nissan was forced to close seven manufacturing plants due to weak sales. The company initially planned to slim its workforce by 11,000 but cuts nearly doubled to 20,000. The auto industry has been weakened on a global basis. Chevron also plans to cut its workforce by up to 20% by the end of 2026. Ford eliminated bonuses for 3,300 managers and eliminated 1,000 manufacturing jobs. Stellantis eliminated 900 workers and Tesla laid off 10% of its global workforce amid weakened EV demand and stiff competition from China.

Companies are seeking to increase their slim margins by streamlining operations and are quick to automate positions when possible. As noted last week, Amazon, the second-largest employer in the USA, believes it can cut its workforce by 600,000 within the next few years. Lowering the cost of borrowing will not entice companies to take on more debt. Conditions have changed and companies plan to cut costs rather than profits. It is clear which industries are facing challenging times ahead as the world economy turns down.

Martin Arthur Armstrong (born November 1, 1949) is an American economic forecaster who was convicted of a felony for investment fraud. He served 11 years in jail for a Ponzi scheme that cheated investors out of $700 million and hiding $15 million in assets from regulators.

Criminal conviction
In 1999, Japanese fraud investigators accused Armstrong of collecting money from Japanese investors, improperly commingling these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[9] United States prosecutors called it a three-billion-dollar Ponzi scheme.[10] Allegedly assisting Armstrong in his scheme was the Republic New York Corporation, which produced false account statements to reassure Armstrong’s investors. In 2001, the bank agreed to pay $606 million as restitution for its part in the scandal.[10]

Armstrong was indicted in 1999 and ordered by Judge Richard Owen to turn over fifteen million dollars in gold bars and antiquities bought with the fund’s money; the list included bronze helmets and a bust of Julius Caesar.[11][12] Armstrong produced some of the items but claimed the others were not in his possession; this led to several contempt of court charges brought by the U.S. Securities and Exchange Commission and CFTC, for which he served seven years in jail until he reached a plea bargain with federal prosecutors.[13][14][15] Under the terms of the agreement, Armstrong admitted to deceiving corporate investors and improperly commingling client funds—actions that according to prosecutors resulted in commodities losses of more than $700 million—and was sentenced to five years in prison.[16][11]

Armstrong was released from federal custody on 2 September 2011 after serving a total of eleven years behind bars.[17] The case against Armstrong was finally closed in 2017, with the distribution of about $80 million to claim holders by the receiver according to court filings.[18] Armstrong appealed the refusal of the receiver to transport his remaining possessions from storage lockers in New York and Pennsylvania to him in Florida, but the appeal failed in 2019. Concerning his felony conviction, Armstrong is “unrepentant” according to Bloomberg News.[19] In 2014, Italian comedian, activist, and Five Star Movement founder Beppe Grillo’s cited an article by L’Antidiplomatico that quoted Armstrong as supporting Grillo’s anti-euro views and calls for a referendum on the issue, and presented him as a historian who described Grillo as a prominent figure of the struggle for democracy and cited The Economist article “Send in the clowns” (in reference to Grillo and Silvio Berlusconi) to establish Armstrong as an expert holding the opposite view of The Economist.[2] On his website, Armstrong described himself as a “world-renowned” historian and economist, an influencer on Ronald Reagan, and a friend of Margaret Thatcher, without mentioning other details of his biography, such as his criminal conviction.[2]

Wiki

https://intellizence.com/insights/layoff-downsizing/major-companies-that-announced-mass-layoffs/

Companies that announced Major Layoffs and Hiring Freezes

OCTOBER 27, 2025 LAYOFF/DOWNSIZING
Intellizence offers the latest Layoffs, Downsizing, Job Cuts, and Hiring Freeze data for market intelligence, customer intelligence, sales intelligence, and risk intelligence. We monitor public sources, such as news and WARN filings, for the latest layoff and hiring freeze announcements. We aggregate, de-duplicate, normalize, and deliver the curated layoff data through an API and a Web dashboard.

Since January 1st, 2025, 4,286+ companies have announced mass layoffs.[Last update: October 27, 2025].

Layoff Tracker 2025 – Recent Layoffs of The Week

October 27, 2025: General Motors has let go of over 200 salaried employees, mainly CAD engineers, at its Michigan tech campus.
October 25, 2025: Target will lay off around 1,000 employees.
October 24, 2025: Sika posts lower nine-month sales and plans up to 1,500 job cuts.
October 23, 2025: Applied Materials lays off 4% of its workforce, or 1444 employees.
October 22, 2025: ConocoPhillips to lay off 25% of Canada employees....

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