Planned job cuts announced by U.S. employers surged by 245% in February to 172,017, the highest level seen since the COVID-19 downturn in July 2020 and the steepest February total in 16 years, according to global outplacement firm Challenger, Gray & Christmas.
Government layoffs accounted for a significant portion of the job cuts, with 62,242 positions announced across 17 federal agencies. In total, about 62,530 federal employees were laid off during the first two months of the year—a dramatic increase compared to the same period in 2024. Andrew Challenger, senior vice president at Challenger, Gray & Christmas, warned that mass layoffs often leave remaining staff feeling uneasy and could lead to additional voluntary departures.
A key factor behind the surge in layoffs has been the aggressive cost-cutting drive led by the Department of Government Efficiency (DOGE), an initiative reportedly championed by tech billionaire Elon Musk and supported by the Trump administration. The DOGE effort has resulted in deep spending cuts, funding freezes, and the dismissal of thousands of federal workers, including specialists such as scientists and game rangers. The initiative has also affected federal contractors, as companies facing tariffs and other trade disruptions have extended their workforce reductions.
Challenger attributed 63,583 of the layoffs directly to the "DOGE impact," with an additional 894 job cuts linked to downstream effects such as reduced funding for private non-profits. The majority of the federal layoffs have been concentrated in Washington, D.C.—a region that has lost 61,795 jobs so far this year, compared with only 60 in 2024.
Outside of the public sector, job cuts were also reported in retail, technology, services, and consumer products industries. Although these federal workforce reductions will not immediately be reflected in February's employment report, scheduled for release on Friday, the ongoing hiring and funding freezes could influence government and contractor employment in the coming months. A Reuters survey of economists estimated that nonfarm payrolls increased by 160,000 jobs after a January rise of 143,000, with the unemployment rate remaining steady at 4.0%.
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Israeli military bulldozers have begun demolishing buildings in the West Bank city of Hebron on Friday, 23 October, following armed clashes with Palestinians that left two Israeli soldiers dead, according to the Israeli military.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on Dammam airport, while Iran's IRGC Navy claimed strikes on seven vessels and warned the U.S. of a wider response.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said. Meanwhile, Russia said it had intercepted the vast majority of 630 Ukrainian drones launched towards Moscow.
Super typhoon Champi is set to batter Japan’s Okinawa Prefecture from Friday (23 October), bringing violent winds, torrential rain and waves up to 11 metres high, as airlines cancel flights and organisers scrap a major festival.
A powerful magnitude 7 earthquake has struck Tibet in southwestern China, killing 16 people and injuring 65, while forcing more than 12,000 residents to relocate as rescue teams respond to widespread aftershocks.
Around 11,000 people joined a demonstration in Orléans on Saturday against the National Rally congress, according to the local prefecture.
German police have detained a suspect after a major fire broke out at the historic Kehlsteinhaus, known as the “Eagle’s Nest”, a mountain retreat once used by senior Nazi officials, including Adolf Hitler.
Typhoon Champi swept past Taiwan on Saturday, leaving one person dead and more than 500 injured as strong winds and torrential rain brought down trees, cut power and disrupted transport across the island.
Canadian Prime Minister Mark Carney on Friday dismissed accusations that Canada planned to interfere in next month’s U.S. midterm elections, saying he was disappointed by comments from the American ambassador.
Kenya has recorded a second death from Ebola, the health ministry said late on Friday, as the outbreak that began in the Democratic Republic of Congo continues to spread across Africa.
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