US job market in trouble? Starbucks, Google, Frito-Lay and more hit with brutal layoffs in July

Layoff in July: Is the US job market experiencing trouble? The layoff wave will continue in 2025 in US with big companies such as Google, Starbucks, Amazon, Microsoft, Frito-Lay announcing mass layoffs. Federal Reserve Chair Jerome Powell had warned of "very high uncertainty" due to tariffs. Employee layoffs vary by company and location, with some laying off between one and 25 employees.