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480 The Biggest Companies Across America Are Cutting Their Workforces

Slashdot
msmash @ Slashdot · 06/18/2025 10:00 EDT

The Biggest Companies Across America Are Cutting Their Workforces

U.S. public companies have cut their white-collar workforces by 3.5% over the past three years, marking a fundamental shift in corporate philosophy that views fewer employees as a path to faster growth. One in five S&P 500 companies now employ fewer people than they did a decade ago, according to employment data-provider Live Data Technologies.

The reductions extend beyond typical cost-cutting measures and coincide with record corporate profits at the end of last year. Amazon CEO Andy Jassy told employees

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