DIY US Employment Data – US Corporate Lay-off announcements

*estimates are based off publicly announced layoffs

Across the S&P 500, more than 172,000 layoffs were announced in October 2025 alone, sending the three-month total well above 300,000 when including September and November rounds and substantial job cuts from tech, retail, finance, manufacturing, and logistics—making this period the largest wave of job losses since the pandemic, as ongoing economic and technological shifts redefine corporate strategies nationwide. Altogether, all announced layoffs in the US—including those at both public and private companies—have surpassed 300,000 in the last three months and are on pace to exceed one million for the year, the highest level since 2020; these reductions affect S&P 500 firms as well as thousands of private sector companies, ranging from tech startups and contractors to large manufacturers, and reflect broad structural changes across the American workforce.​

Total Layoffs for All 500 S&P Companies (Last 3 Months)

Across the S&P 500, there have been more than 172,000 layoffs in just October 2025, with the three-month total likely exceeding 300,000 when including September and November layoff rounds and reports of additional cuts in tech, retail, finance, manufacturing, and logistics. Many analysts have highlighted this period as the largest job cut wave since the pandemic, with ongoing concerns about economic and technological transitions shaping workforce decisions across corporate America.​