Layoff wave spreads across US: Starbucks, FedEx, Frito-Lay, Microsoft may axe jobs in July – here’s what’s going wrong

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Layoffs across the United States are expected to intensify this month, with nearly 95 employers planning job cuts in July, according to data from WARNTracker.com, cited by ET. The mass layoffs span a wide range of industries including tech, retail, healthcare, delivery, pharmaceuticals, and manufacturing, with thousands of jobs on the line.Companies are required to submit WARN (Worker Adjustment and Retraining Notification) notices before executing such large-scale reductions. While some companies are restructuring for profitability, others cite Donald Trump’s tariff moves, inflation and weaker consumer demand as driving factors.Among the highest-profile cuts, Microsoft is expected to lay off between 1,000 and 2,500 workers this month.Here’s the full list of employers grouped by sector:Technology, Software & Digital Services

  • Microsoft
  • Google
  • Amazon
  • 10x Genomics
  • Technology Partner
  • Remote Workers
  • RTX
  • Eikon Therapeutics

Retail, Food & Beverage

  • Foot Locker
  • Starbucks
  • Panera
  • Frito-Lay
  • Kroger (closing 60 stores)
  • The Fresh Market
  • Tom Thumb Store
  • GTM Discount General Store
  • Lamps Plus
  • Museum of Ice Cream
  • End of Sandwich Tavern Restaurant

Healthcare & Pharmaceuticals

  • CVS
  • Genentech
  • Allergan Aesthetics
  • MedStar Mobile Healthcare
  • Virginia Mason Franciscan Health Virtual Services
  • Crothall Healthcare
  • Morrison Healthcare
  • Eagle Healthcare
  • American Contract Systems
  • Main Street Manor
  • Waste Harmonics Keter

Delivery, Logistics & Airlines

  • UPS
  • FedEx
  • GEODIS
  • Menzies Aviation
  • NFI Industries
  • Saddle Creek Corporation

Manufacturing & Industrial

  • Chevron
  • Berry Global
  • INOAC Exterior Systems
  • Mortech Manufacturing Company
  • Barrette Outdoor Living
  • Silgan Containers Manufacturing Corporation
  • Coronado Stone Products
  • Revlon Consumer Products
  • Advanced Pressure Technology
  • Globe Motors
  • Cornerstone Chemical Company
  • U-Line Corporation
  • Collins Aerospace
  • Air Distribution Technologies
  • Anthony International
  • Atco Rubber Products
  • Kraton
  • L.A. Turbine
  • Spreckels Sugar Company

Education & Research

  • Unitek Learning Education Group
  • American Institutes of Research
  • College Success Foundation

Financial Services & Staffing

  • Atria Wealth Solutions
  • PMAB-5
  • Summit BHC New Jersey
  • Tend Exchange Subsidiary / Delaware Tender Staffing
  • Navitor
  • Wells Fargo
  • Mulligan Security

Consumer Goods & Apparel

  • S&S Activewear
  • LaCroix
  • Colosseum Athletics
  • Primo Brands

Telecom & Utilities

  • United States Cellular Corporation
  • First Student

Agriculture, Chemicals & BioTech

  • Corteva
  • Pivot Bio
  • Lewis Tree Service
  • F&S Produce West

Other Enterprises

  • Surfair Mobility
  • Vigor Alaska
  • Dufry by Avolta
  • GroundGame Health
  • Island Peer Review Org
  • Truvant North America
  • Powin
  • All-Rite Leasing
  • Jai’s
  • Six Flags Entertainment Corporation
  • Lakeshore Learning Materials

While retail sales remain largely stable, executives and analysts warn of growing consumer caution. According to the ET report, Mark Mathews, research director at the National Retail Federation (NRF), said: “We’re seeing an uptick in higher-income consumers shopping at discount and off-price retailers. This kind of trading down is a signal of distress beneath the surface.”Ben Johnston, COO of small business lender Kapitus, said many businesses are now taking a wait-and-see approach, avoiding growth investments due to uncertainties around tariffs and demand.At Kroger, interim CEO Ronald Sargent said the 60-store closure plan is aimed at improving profitability while continuing to open new stores in high-growth regions. Walgreens is also executing a 1,200-store closure strategy, with 500 stores shutting in FY25.Together, the WARN notices, cautious borrowing, and softening demand suggest the US economy may be entering a more vulnerable labour phase, driven by a mix of regulatory pressure, political uncertainty, and shifting consumer confidence.





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