Layoffs across the U.S. soar to highest level since 2020, led by DOGE cuts

Image credit: u_bdw6dw6hfj via Pixabay. Article by Aimee Picchi. CBS News – updated March 6, 2025.

Layoffs across the U.S. spiked in February, reaching their highest levels since July 2020, led by widespread firings of government workers ordered by Elon Musk’s Department of Government Efficiency, or DOGE, according to outplacement firm Challenger, Gray & Christmas. Employers cut 172,017 jobs last month, a 245% increase from January and […]

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