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Cheddar News
  • 3 months ago
2025 has seen wave after wave of job cuts, hitting firms from tech to retail, including Exxon, Starbucks, Oracle, Nike, and Scale AI.
Transcript
00:002025 has seen wave after wave of job cuts hitting firms from tech to retail, including Exxon, Starbucks, Oracle, Nike, and Scale AI.
00:11The drivers include cost pressures, restructuring, and automation trends.
00:16Even legacy firms are re-engineering operations in order to stay lean.
00:20The labor market's resilience is under test, raising questions about recovery trajectories.
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