Layoffs across the U.S. reach highest level since 2020. Here's why

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Layoffs across the U.S. reach highest level since 2020. Here's why

cbsnews.com/news/layoffs-doge-tariffs-cbs-news-explains

Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, according to an outplacement firm.

This story appeared on cbsnews.com, 2025-07-02 16:27:51.