U.S. Layoffs Surge to 62,000 in July 2025 — Up 140% YoY, With 800,000 Jobs Lost So Far, the Worst Start Since 2020

140%

In July 2025, U.S. employers reported more than 62,000 layoffs in July, marking a 29% jump from June and a dramatic 140% surge compared to July 2024, highlighting growing concerns about workforce stability. So far this year, layoffs have topped 800,000, the highest year-to-date since 2020. The government and tech sectors lead with nearly 300,000 and 89,000 job cuts, respectively, driven by the adoption of AI, federal budget cuts, and visa concerns. Even more reductions are expected as tariffs, inflation, and AI advancements reshape the workforce.

79%

A new report shows 79% of U.S. knowledge workers feel lonely at work, rising to 89% for Gen Z and 82% for millennials. Among those urged to use AI, 84% report isolation, linking tech adoption to disconnection. 65% now turn to AI before coworkers, especially 71% of millennials, but only 50% feel properly onboarded. Experts warn that without prioritizing human connection, AI could erode company culture and collaboration.

73%

73% of U.S. employees plan to stay in their current jobs, mainly to preserve workplace flexibility, according to Robert Half’s survey of 2,000 professionals. Just 27% are job hunting, down from 29% in January. Leading reasons employees choose to stay in their current roles include maintaining work flexibility (37%), enjoying a supportive company culture (33%), and feeling professionally fulfilled (31%) in their positions. Meanwhile, those seeking new roles are driven by better perks (45%), career growth (43%), and higher pay (42%).

10%

Moderna is cutting around 10% of its global workforce, aiming to reduce $1.5 billion in costs by 2027. With 5,800 employees as of December 2024, headcount is expected to drop below 5,000 this year. Moderna’s first-quarter revenue dropped to $108 million, a sharp decline from $167 million in the same period last year, mainly due to reduced demand for COVID vaccines. Still, CEO Stéphane Bancel remains confident, pointing to plans for up to eight new product approvals by 2027, signaling a strong pipeline ahead.

64%

A new survey of 3,283 U.S. workers found that 64% of overemployed employees use AI to manage multiple full-time jobs. 42% said AI is essential for juggling responsibilities, and 18% admitted they couldn’t cope without it. Top uses include writing emails, summarizing meetings, and automating tasks. With over 8.2 million Americans holding multiple jobs, AI is helping many—especially Gen Z—stay productive and ahead.