US mass layoff alert: Nearly 40,000 Americans got WARN notices in October - is a bigger job crisis coming this month?

US job cuts 2025: US job market shows strain as layoff warnings surged to nearly 40,000 in October, a level not seen in years. Major companies like Target, Amazon, and UPS have announced cuts, fueling concerns. Economists predict further job losses ahead, particularly with growing AI adoption, though a delayed jobs report is expected soon.