Store closures in the U.S. have led to a huge 274% spike in retail layoffs so far this year, a new report says. In the first five months of 2025, retailers announced 75,082 job cuts compared to ...

An employee counts inventory in a Walmart Supercenter on May 15, 2025, in Austin, Texas. This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our ...

The retail industry alone has seen a 274% spike in layoffs, while the tech sector, once considered a segment touting stability for white collar workers, has been hit with a staggering 35% increase ...