Marketplace All-in-One A 20-year record for job cuts
Nov 6, 2025
Carla Javier, a Marketplace reporter specializing in travel and aviation, reveals the latest FAA flight cuts and shares tips for stranded travelers. Alana Furco, a local mall manager, offers a heartfelt firsthand account of navigating retirement and the changing landscape of community and commerce. The discussion highlights alarming job cuts, delving into whether they're driven by over-hiring or broader economic shifts. Additionally, there's insight into China’s efforts to close its manufacturing skills gap, addressing the future of work.
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Deliberate Midlevel Cuts Signal Cost Focus
- Companies are cutting deliberate, non-entry-level roles to squeeze costs rather than reacting to panic layoffs.
- That pattern suggests firms seek efficiency after overhiring and changing tech economics, not just a recession shock.
Tech Cuts From Overhiring And Macro Weakness
- Tech layoffs reflect earlier pandemic overhiring plus AI adoption that can replace roles.
- But some economists argue deteriorating macro conditions are turning hiring slowdowns into layoffs.
New-Home Market Slows From Rates And Psyche
- New home sales slowed in 2025 due to high mortgage rates and weakened consumer confidence.
- Builders delay projects as inventory rises and buyers opt for existing homes or wait out uncertainty.