Retail is the second-leading industry for job cuts so far this year, behind only the federal government, according to a new ...

In the U.S., job losses were up 274% from last year, while hiring plans remain “historically low,” according to Challenger, ...

The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas.

Retail companies also accounted for a large swath of the job cuts last year, slashing 78,840 positions. That marks a 274% increase from the layoffs announced in the sector during the same period ...

A number of prominent retail brands have recently announced layoffs, including Nike which cut a number of employees from its global tech team in May as it shifted around responsibilities for ...