From CNBC: 2025-06-05 14:47:00

Elon Musk ends government cost-cutting initiative, but mass layoffs still impact corporate America amid global economic uncertainty. Trade tensions and AI are influencing job market adjustments. Companies like Procter & Gamble, Microsoft, Citigroup, Walmart, Klarna, CrowdStrike, Disney, Chegg, Amazon, and Warner Bros. Discovery announce layoffs to trim costs and adjust to market changes.



Read more at CNBC: Here are the companies making job cuts