Volvo Group is preparing to lay off as many as 800 workers at three US sites in the coming months amid uncertainty over how President Donald Trump’s tariff policy will affect demand, Reuters reported.

In March of 2025, there was a near-record number of layoffs in the United States. In total, 275,240 workers were laid off during the month, according to outplacement firm Challenger, Gray & Christmas.

The concerns are not without reason. U.S.-based employers announced 275,240 job cuts in March—more than five years ago when ...

The impact on Texas jobs of sweeping tariffs will depend in large part on how long they stay in place. Meantime, DOGE's cuts ...

Global outplacement firm Challenger, Gray & Christmas said on Thursday that planned job cuts increased 60% to 275,240 last month, the highest level since May 2020, when the economy was reeling ...

The U.S. added 228,000 jobs in March, well ahead of expectations, while the unemployment rate ticked up to 4.2 percent.

far fewer than the more than 216,000 federal job cuts tracked by Challenger, Christmas and Gray in March. The combination of a strong jobs numbers, sticky inflation over the past few months ...

Between February and March, the cost-cutting team led by Elon Musk has signaled cuts of more than 280,000 federal workers and ...

"Job cut announcements were dominated last month by Department of Government Efficiency (DOGE) plans to eliminate positions in the federal government," said Andrew Challenger, senior vice ...