Published: Feb 05, 2026, 22:36 IST | Updated: Feb 05, 2026, 22:36 IST
U.S. employers announced 108,435 job cuts in January 2026, the highest January total since the 2009 recession, spanning giants like Amazon, UPS, and media outlets such as The Washington Post. This surge, up 118% from January 2025, signals corporate caution amid economic uncertainty, rising costs, and policy shifts under President Trump. Hiring plans plummeted to just 5,306 roles, exacerbating a competitive job market.