Joann, Rite Aid, JCPenney, and other store closings contributed to a 274% surge in retail layoffs in 2025

fastcompany.com/91347224/joann-fabrics-rite-aid-jcpenney-stores-closing-2025-led-surge-in-retail-layoffs-this-year

Layoff announcements from U.S. employers have increased 80% to 696,309 job cuts through May of this year, compared to the 385,859 cuts announced throughout the first five months of 2024, according to the latest layoffs report from Challenger, Gray & Christmas.
Federal government agencies…

This story appeared on fastcompany.com, 2025-06-05 21:00:00.
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