U.S. Job Cuts Spike in July, As Skydance Worries Await
U.S.-based employers announced 62,075 job cuts in July 2025, rising 29% from June’s 47,999. Worse yet, the total is up by 140% from 25,885 announced in July 2025 and comes amid widespread industry chatter that Paramount Global's merger with Skydance Media will soon claim thousands of jobs.