The number of layoffs in the US reached 744,000 in June 2025, which means an increase of almost two times compared to last year. From technology giants Microsoft and Intel to retailers Walmart and Amazon, American corporations are reducing their number of employees, according to visualcapitalist.com, which notes that while many voices point to artificial intelligence as the main reason for layoffs, uncertainty related to customs tariffs and government policy are also key factors shaping the