Amid economic uncertainty, businesses are at a standstill with limited hiring and ongoing layoffs, causing worker anxieties. Rising costs, consumer shifts, and corporate restructuring are cited as reasons. Federal employees face uncertainty. In September, the private sector lost 32,000 jobs. Companies like General Motors, Paramount, Amazon, UPS, Target, Nestlé, Lufthansa Group, Novo Nordisk, ConocoPhillips, Intel, Microsoft, and Procter & Gamble have announced significant layoffs to cut costs and adapt to changing market conditions.

Read more at Yahoo Finance: Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently