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Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently
A stalled “no-hire, no-fire” economy and rising costs have driven major companies from HP to Amazon to announce large layoffs, deepening worker anxiety.
Fewer Americans sought unemployment benefits last week as job cuts stay low
Unemployment claims fell to 216,000 last week, signaling continued low layoffs even as hiring slows and more jobseekers struggle to find work.
Verizon to cut 13,000 jobs in major restructuring
Verizon is laying off over 13,000 employees as the company restructures its workforce and cuts costs under new CEO Dan Schulman.
Harris Teeter to lay off 91 Fairfax County employees
Harris Teeter will permanently close a fulfillment center in Fairfax County on Feb. 1, 2026, laying off 91 employees.
Paratransit provider to lay off 61 workers in Springfield
Diamond Transportation Services will lay off 61 Springfield workers after WMATA reduced the number of bus routes the company managed.
Booz Allen Hamilton to relocate global HQ to Reston
Booz Allen Hamilton announced Monday that it is relocating its global headquarters from McLean to a newly constructed facility in Reston.
With their government contracts in limbo, small businesses await a historic shutdown’s end
Small business owners hit by delays and lost contracts hope for recovery as the historic government shutdown nears its end.
Newport News Shipbuilding lays off 167 workers
Newport News Shipbuilding laid off 167 employees on Wednesday that had been previously furloughed this year.
IT firm Qbase to lay off 60 remote employees
Qbase, a provider of decision-support technologies and IT professional services, plans to lay off 60 remote employees by year’s end.
Fortune 500 retailer CarMax lays off 350 employees
Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nationally, including 55 in Virginia.
Paramount to cut 2,000 jobs after Skydance merger
General Motors is cutting about 1,700 jobs in Michigan and Ohio as slower EV demand and regulatory shifts reshape production plans.
Judge blocks Trump administration’s shutdown firings
A federal judge halted Trump administration plans to fire federal employees during the shutdown, saying the cuts were likely illegal.
