Almost 50% of managers anticipate job cuts in 2025.
by Web Administrator
Jan 30, 2025 10:40
A recent survey reveals that 45% of U.S. managers anticipate layoffs in 2025, citing reasons such as economic issues, automation, and overstaffing. Among those surveyed, 11% confirmed their companies would definitely lay off workers, while 34% suggested it was likely. Many companies are already implementing hiring freezes, with cost-cutting strategies primarily involving bonus reductions and salary cuts. Job seekers are divided on the labor market outlook for 2025, with some optimistic and others facing challenges in finding better opportunities.