Graph and download economic data for Layoffs and Discharges: Total Nonfarm in Midwest Census Region (JTU00MWLDR) from Dec 2000 to May 2025 about Midwest Census Region, discharges, layoffs, nonfarm, and USA.

The Mass Layoff Statistics (MLS) program collects reports on mass layoff actions that result in workers being separated from their jobs. Monthly mass layoff numbers are from establishments which have at least 50 initial claims for unemployment insurance (UI) filed against them during a 5-week period. Extended mass layoff numbers (issued quarterly) are from a subset of such establishments—where private sector nonfarm employers indicate that 50 or more workers were separated from their jobs for at least 31 days. MLS was eliminated in 2013 under sequestration. For more information and data visit: https://www.bls.gov/mls/

Graph and download economic data for Layoffs and Discharges: Total Nonfarm in West Census Region (JTS00WELDR) from Dec 2000 to May 2025 about West Census Region, discharges, layoffs, and nonfarm.

The Mass Layoff Statistics program is a Federal-State cooperative statistical effort which uses a standardized, automated approach to identify, describe, and track the effects of major job cutbacks, using data from each State's unemployment insurance database. Establishments which have at least 50 initial claims for unemployment insurance (UI) filed against them during a consecutive 5-week period are contacted by State agencies to determine whether those separations are of at least 31 days duration, and, if so, information is obtained on the total number of persons separated, the reasons for these separations, and recall expectations. Establishments are identified according to industry classification and location, and unemployment insurance claimants are identified by such demographic characteristics as age, race, sex, ethnic group, and place of residence. The program yields information on an individual's entire spell of unemployment, to the point when regular unemployment insurance benefits are exhausted. It provides databases of establishments and claimants, both of which are used for further research and analysis. Data available Monthly data report summary information on all establishments which have at least 50 initial claims for unemployment insurance (UI) filed against them during a 5-week period. Data are available for 50 States, the District of Columbia, and Puerto Rico, as well as by industry. Quarterly data report on private sector nonfarm establishments which have at least 50 initial claims filed against them during a 5-week period and where the employer indicates that 50 or more people were separated from their jobs for at least 31 days. Information is obtained on the total number of persons separated; the reasons for separation; worksite closures; recall expectations; and socioeconomic characteristics on UI claimants such as gender, age, race, and residency. These characteristics are collected at two points in time when an initial claim is filed and when the claimant exhausts regular UI benefits. In between these points, the unemployment status of claimants is tracked through the monitoring of certifications for unemployment (continued claims) filed under the regular State UI program. Data are available for 50 States, the District of Columbia, and Puerto Rico, as well as by industry. Coverage Monthly, quarterly, and annual data for 50 States, the District of Columbia, and Puerto Rico. Monthly data are available since April 1995; quarterly data since second quarter 1995.

Graph and download economic data for Layoffs and Discharges: Total Nonfarm (JTSLDR) from Dec 2000 to May 2025 about discharges, layoffs, nonfarm, and USA.

The tech industry had a rough start to 2024. Technology companies worldwide saw a significant reduction in their workforce in the first quarter of 2024, with over 57 thousand employees being laid off. By the second quarter, layoffs impacted more than 43 thousand tech employees. In the final quarter of the year around 12 thousand employees were laid off. Layoffs impacting all global tech giants Layoffs in the global market escalated dramatically in the first quarter of 2023, when the sector saw a staggering record high of 167.6 thousand employees losing their jobs. Major tech giants such as Google, Microsoft, Meta, and IBM all contributed to this figure during this quarter. Amazon, in particular, conducted the most rounds of layoffs with the highest number of employees laid off among global tech giants. Industries most affected include the consumer, hardware, food, and healthcare sectors. Notable companies that have laid off a significant number of staff include Flink, Booking.com, Uber, PayPal, LinkedIn, and Peloton, among others. Overhiring led the trend, but will AI keep it going? Layoffs in the technology sector started following an overhiring spree during the COVID-19 pandemic. Initially, companies expanded their workforce to meet increased demand for digital services during lockdowns. However, as lockdowns ended, economic uncertainties persisted and companies reevaluated their strategies, layoffs became inevitable, resulting in a record number of 263 thousand laid off employees in the global tech sector by trhe end of 2022. Moreover, it is still unclear how advancements in artificial intelligence (AI) will impact layoff trends in the tech sector. AI-driven automation can replace manual tasks leading to workforce redundancies. Whether through chatbots handling customer inquiries or predictive algorithms optimizing supply chains, the pursuit of efficiency and cost savings may result in more tech industry layoffs in the future.

Industry Monthly Job Cuts and Hiring Plans Data From 2015

  Industry Monthly Job Cuts and Hiring Plans Data From 2015 
  Geography Level: StateItem Vintage: 2015-Present
  Update Frequency: N/AAgency: Challenger Gray and ChristmasAvailable File Type: Website link to PDF 

  Return to Other Federal Agency Datasets Page

United States - Layoffs and Discharges: Total Nonfarm in South Census Region was 724.00000 Level in Thous. in April of 2025, according to the United States Federal Reserve. Historically, United States - Layoffs and Discharges: Total Nonfarm in South Census Region reached a record high of 4081.00000 in March of 2020 and a record low of 483.00000 in September of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Layoffs and Discharges: Total Nonfarm in South Census Region - last updated from the United States Federal Reserve on June of 2025.

United States - Layoffs and Discharges: Total Nonfarm in Midwest Census Region was 340.00000 Level in Thous. in April of 2025, according to the United States Federal Reserve. Historically, United States - Layoffs and Discharges: Total Nonfarm in Midwest Census Region reached a record high of 3041.00000 in March of 2020 and a record low of 255.00000 in March of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Layoffs and Discharges: Total Nonfarm in Midwest Census Region - last updated from the United States Federal Reserve on July of 2025.

Introduction

Employee Layoff Statistics: Employee layoffs are a prevalent cost-cutting strategy employed by companies during economic downturns or organizational restructuring. In 2024, the technology sector alone witnessed over 136,000 job losses across 422 companies, with major firms like Intel, Cisco, and IBM implementing significant workforce reductions. Intel, for instance, announced plans to lay off 15,000 employees, constituting more than 15% of its workforce, as part of a USD 10 billion cost-reduction initiative.

The financial implications of layoffs extend beyond severance packages. For example, when Meta Platforms Inc. laid off 11,000 employees in November 2022, it incurred approximately USD 975 million in severance costs, averaging over USD 88,000 per employee. Additionally, companies often face indirect costs such as decreased productivity among remaining staff, increased turnover, and higher unemployment insurance taxes.

In India, the impact of layoffs has been significant as well. By August 2024, at least 8,000 individuals had been affected by job cuts, with companies like Paytm announcing reductions of up to 3,500 employees. Furthermore, Reliance Industries reportedly reduced its workforce by 11%, equating to approximately 42,000 jobs, to enhance cost efficiency.

These figures underscore the widespread and multifaceted impact of layoffs on both organizations and employees, highlighting the importance of strategic planning and support mechanisms during such transitions. This article includes recent trends and facts from insights gathered in 2024 and 2025. Let's delve into key statistics to get a clearer picture of the topic.

Graph and download economic data for Layoffs and Discharges: Total Nonfarm in Northeast Census Region (JTS00NELDR) from Dec 2000 to May 2025 about Northeast Census Region, discharges, layoffs, and nonfarm.

United States - Layoffs and Discharges: Total Nonfarm in West Census Region was 410.00000 Level in Thous. in May of 2025, according to the United States Federal Reserve. Historically, United States - Layoffs and Discharges: Total Nonfarm in West Census Region reached a record high of 3066.00000 in March of 2020 and a record low of 255.00000 in April of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Layoffs and Discharges: Total Nonfarm in West Census Region - last updated from the United States Federal Reserve on July of 2025.

description: Annual mass layoffs by industry group in Illinois (subject to revision). Includes all potential mass layoff events, regardless of the reason(s) or duration of the layoffs (i.e. both temporary and extended layoffs and economic and non-economic layoffs). Data suppressed to avoid potential disclosure on individual business establishments, per State law.; abstract: Annual mass layoffs by industry group in Illinois (subject to revision). Includes all potential mass layoff events, regardless of the reason(s) or duration of the layoffs (i.e. both temporary and extended layoffs and economic and non-economic layoffs). Data suppressed to avoid potential disclosure on individual business establishments, per State law.

The Job Openings and Labor Turnover Survey program provides national estimates of rates and levels for job openings, hires, and total separations. Total separations are further broken out into quits, layoffs and discharges, and other separations.

In 2024, the tech sector experienced a significant number of layoffs, with the hardware industry hit the hardest with over **** thousand employees laid off that year. Close behind was the transportation sector, which witnessed over ** thousand layoffs. In general, over a third of all tech layoffs in 2024 occurred during the first quarter, with the number of laid-off tech employees decreasing quarter-on-quarter for the remainder of the year.

In 2024, the gaming sector experienced a significant number of layoffs because of post-COVID industry contraction which has led to studio consolidation and ultimately, an estimated 14,800 video gaming employees losing their jobs. Additionally, 2023 had also not been kind to the industry, as already 10,500 game developers lost their jobs during industry layoffs during the year.

United States - Layoffs and Discharges: Total Nonfarm in West Census Region was 1.10000 Rate in April of 2025, according to the United States Federal Reserve. Historically, United States - Layoffs and Discharges: Total Nonfarm in West Census Region reached a record high of 8.70000 in March of 2020 and a record low of 0.70000 in April of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Layoffs and Discharges: Total Nonfarm in West Census Region - last updated from the United States Federal Reserve on July of 2025.

As of April 28, 2025, over ******* federal workers had been laid off or targeted for layoffs from federal agencies. The agency hit the hardest has been the Agency for International Development, with *** percent of its employees having been fired. Additionally, over ** percent of the Housing and Urban Development's Community Planning and Development subagency was laid off.

Graph and download economic data for Layoffs and Discharges: Total Nonfarm in South Census Region (JTS00SOLDL) from Dec 2000 to May 2025 about South Census Region, discharges, layoffs, and nonfarm.

In July 2024, it was announced that Redbox would lay off 1,000 employees, the second-highest number of terminations in the media industry so far. The largest layoff announcement so far was that of Spotify, when the streaming giant declared in December 2023 that it would let 1,500 employees go, making this the biggest media industry layoff case since 2020. SiriusXM’s layoff of 475 people in March 2023 ranked fourth on that list. Spotify’s layoffs in the grand scheme of things While Spotify’s employment changes were notable in the media world, put in perspective, the numbers seem modest. For example, compared to the layoffs in the tech industry, where Amazon announced in 2022 and 2023 the termination of 18,000 employees, Spotify’s 1,500 may seem a less drastic move. However, as it is, Spotify’s number of employees already decreased by 15 percent between 2021 and 2022, so the addition of over a dozen hundred dismissals indicates larger reorganization in the company. It is a significant move on the side of the streaming giant which for years boasted growing revenues as well as an expanding workforce. Layoffs in the media - the bigger picture Other media companies did not escape the trend of layoffs that started plaguing the United States in 2022. However, over the decades the sector has experienced a few dark periods in terms of employment losses. When the economy suffers, a popular cost-cutting solution is workforce restructuring, as payroll is always one of the biggest overheads for businesses to grapple with. The spikes in media industry job losses are commonly tied to recessions (e.g. in 2001 and 2008). In 2020, the culprit was the coronavirus pandemic. The most recent layoffs, though not as radical as the previous ones, are a result of numerous mergers and acquisitions, combined with economic factors, and a general shift to digital platforms.