Target, GM, Ford announce more layoffs, as total US job cuts for 2025 approaches 1 million

World Socialist Web Site·Oct 24

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Several major companies, including Target, GM, and Ford, have announced layoffs, contributing to a significant number of job cuts in the US. The total number of US job cuts for 2025 is approaching 1 million, with Target alone cutting 1,800 corporate jobs. It is unclear how the layoffs will continue into 2026, but other companies such as Amazon and UPS are also reportedly cutting jobs.

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Target, GM, Ford announce more layoffs, as total US job cuts for 2025 approaches 1 million

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