US job cuts surge 245% in February on federal government layoffs
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In February 2026, planned job cuts in the U.S. surged by 245% to 172,017, marking the highest level since July 2020. The federal government accounted for the largest share, with 62,242 layoffs across 17 agencies. The retail sector announced 38,956 job cuts, totaling 45,375 for the year—a 572% increase from the same period in 2024. Technology companies reported 14,554 job cuts in February, totaling 22,042 for 2025, a 22% decrease from the previous year. Overall, employers have announced 221,812 job cuts in 2025, the highest year-to-date total since 2009.
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Key Entities
- • Challenger, Gray & Christmas - Global outplacement firm that reported the job cut statistics.
- • Federal Government - Accounted for the largest share of layoffs, with 62,242 job cuts across 17 agencies.
Bias Distribution
Multi-Perspective Analysis
Left-Leaning View
Criticizes the administration's policies leading to mass layoffs and their impact on public services.
Centrist View
Reports on the significant increase in job cuts, highlighting affected sectors and potential economic implications.
Right-Leaning View
Supports government efforts to reduce spending, emphasizing the necessity of layoffs for fiscal responsibility.
Source & Verification
Source: Fox Business
Status: Confirmed
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