A new report largely blames "disruptive technology” and cuts to government spending for a high number of job losses this year.

The AI-Related Job Impacts Clarity Act specifies that companies should report job cuts or displacement and new hires that are attributed to AI, as well as workers being trained due to AI and roles left unfilled thanks to automated procedures.

Year-to-date, government job cuts accounted for the most layoffs, 307,638, surging more than eightfold from 37,746 in the first 10 months of 2024. Technology cut the second-highest number of jobs — 141,159, up 17% Y/Y. Warehousing job cuts soared 378% to 90,418 YTD, likely reflecting the increased use of automation in the supply chain.

US layoffs top 1 million in 2025, with October marking the worst job cut spike in 20 years as AI and automation drive massive reductions.

Though not related to the government shutdown, job cuts at one of the 'Big Four' airlines come at a moment of strain for the travel industry.

Canada's biggest banks are returning to a focus on managing expenses, with some resuming job cuts put on hold in response to the coronavirus pandemic and others deferring investments not deemed urgent.

The wave of tech layoffs sweeping the Bay Area shows little sign of slowing, with new filings revealing job cuts at two major technology firms, along with smaller reductions at a biotech firm.

Prime Minister Mark Carney’s government said it would cut the size of the federal public-sector workforce by about 5%, or 16,000 jobs.