Job Cut Announcement Report for July 2025

This document is a Job Cut Announcement Report detailing the significant increase in job cuts announced by U.S.-based employers in July 2025. The report indicates that 62,075 job cuts were announced in July, representing a 29% increase from June and a 140% increase from July of the previous year. It highlights that the job cuts are primarily attributed to factors such as federal budget cuts, the impact of artificial intelligence, and tariff concerns. The report categorizes job cuts by industry, with the government sector leading with 292,294 cuts year-to-date, followed by technology and retail sectors. The document also discusses the geographical distribution of job cuts, noting that the East region experienced the largest increase. Additionally, it outlines hiring plans for 2025, indicating that hiring announcements remain below pre-pandemic levels, with a total of 86,132 jobs planned to be added through July 2025.