Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

By WYATTE GRANTHAM-PHILIPS Associated Press Business Writer NEW YORK AP It s a tough time to be looking for a job Related Articles Nowadays in History November President Nixon s secretary says she caused Watergate tape gap Campbell s IT chief on leave after lawsuit proposes he declared company s food is for poor people FBI seeks interviews with Colorado Rep Jason Crow other Democrats who urged U S troops to defy illegal orders Specific DACA recipients have been arrested in the Trump s immigration crackdown New limits for a rent algorithm that prosecutors say let landlords drive up prices Amid wider economic uncertainty specific analysts have commented that businesses are at a no-hire no fire standstill That s caused several to limit new work to only a minimal specific roles if not pause openings entirely At the same time sizable layoffs have continued to pile up raising worker anxieties across sectors Certain companies have pointed to rising operational costs spanning from U S President Donald Trump s barrage of new tariffs and shifts in consumer spending Others cite corporate restructuring more broadly or are redirecting money to artificial intelligence Federal employees have encountered additional doses of uncertainty impacting worker sentiment around the job domain overall Shortly after Trump returned to office at the start of the year federal jobs were cut by the thousands And the record -day leadership shutdown also left plenty of without paychecks The impasse put key economic material on hold too In a delayed description disclosed last week the Labor Department revealed U S employers added a surprising jobs in September But unemployment rose to and other troubling details emerged including revisions showing the economic system in fact lost jobs in August The shutdown also resulted in holes for more newest hiring numbers The administration says it won t release a full jobs document for October Here are a few of the largest job cuts communicated in the past few days HP In November HP commented this week it expected to lay off between and employees The cuts are part of a wider initiative from the computer maker to streamline operations which includes adopting AI to increase productivity The company aims to complete these actions by the end of the fiscal year Verizon Also in November Verizon began laying off more than employees In a staff memo announcing the cuts CEO Dan Schulman announced that the telecommunications giant needed to simplify operations and reorient the entire company General Motors General Motors will lay off about workers across manufacturing sites in Michigan and Ohio in late October as the auto giant adjusts to slowing demand for electric vehicles Hundreds of additional employees are reportedly slated for temporary layoffs at the start of next year Paramount In long-awaited cuts just months after completing its billion merger with Skydance Paramount plans to lay off about employees about of its workforce Paramount initiated roughly of those layoffs in late October according to a source familiar with the matter In November Paramount also disclosed plans to eliminate positions as part of divestitures of Televisi n Federal in Argentina and Chilevision in Chile And the company declared another employees had chosen voluntary severance packages as part of a coming push to return to the office full-time Amazon Amazon disclosed in October that it will cut about corporate jobs close to of its workforce as the online retail giant ramps up spending on AI while trimming costs elsewhere A letter to employees reported most of workers would be given days to look for a new position internally UPS United Parcel System has disclosed about job cuts this year as part of turnaround efforts which arrive amid wider shifts in the company s shipping outputs UPS also closed daily operations at leased and owned buildings during the first nine months of this year Target Target in October explained it would eliminate about corporate positions or about of its corporate workforce globally The retailer commented the cuts were part of wider streamlining efforts Nestl In mid-October Nestl mentioned it would be cutting jobs globally as part of wider cost cutting aimed at reviving its financial performance amid headwinds like rising commodity costs and U S imposed tariffs The Swiss food giant announced the layoffs would take place over the next two years Lufthansa Group In September Lufthansa Group mentioned it would shed jobs by pointing to the adoption of artificial intelligence digitalization and consolidating work among member airlines Novo Nordisk Also in September Danish pharmaceutical company Novo Nordisk revealed it would cut jobs about of its workforce The company which makes drugs like Ozempic and Wegovy disclosed the layoffs were part of wider restructuring as it works to sell more obesity and diabetes medications amid rising competition ConocoPhillips Oil giant ConocoPhillips declared plans in September to lay off up to a quarter of its workforce as part of broader efforts from the company to cut costs Between and workers were expected to be impacted with majority of layoffs set to take place before the end of Intel Intel has moved to shed thousands of jobs with the struggling chipmaker working to revive its business In July CEO Lip-Bu Tan announced Intel expected to end the year with core workers excluding subsidiaries through layoffs and attrition That s down from core employees informed the end of last year The company previously publicized a workforce reduction Microsoft In May Microsoft began laying off about workers across its workforce And just months later the tech giant mentioned it would be cutting positions marking its biggest round of layoffs seen in more than two years The company has cited organizational changes but the labor reductions also arrive as the company spends heavily on AI Procter Gamble In June Procter Gamble disclosed it would cut up to jobs over the next two years of the company s global workforce The maker of Tide detergent and Pampers diapers commented the cuts were part of a wider restructuring also arriving amid tariff pressures