<div id="readability-page-1"><div><div>Corporate America is experiencing a surge in layoffs as companies respond to economic pressures from President Donald Trump’s tariff policies and artificial intelligence adoption reshaping workforce needs.What Happened: Procter &amp; Gamble Co. PG revealed Thursday it will eliminate 7,000 jobs over two years, representing 15% of its non-manufacturing workforce, reported CNBC. Microsoft Corp. MSFT cut 6,000 positions globally in May, followed by an additional 300 layoffs this week, totaling approximately 3% of its workforce.Walmart Inc. WMT reduced 1,500 positions across technology and e-commerce divisions, while The Walt Disney Co. DIS cut several hundred employees worldwide from film and television units. Citigroup Inc. C announced 3,500 job cuts in China, primarily affecting IT services.<ul> <li>Nvidia Denies Report Of Re-Entering Chinese Market With Custom AI Chip, Despite US Restrictions: ‘We Are Still Evaluating…’</li> </ul>Photo courtesy: Tada Images / Shutterstock.coma</div></div></div>

MSFT

MSFL

MSFO

MSFD

MSFU

MSFX

MSFY

Corporate America is facing significant layoffs due to economic pressures from President Trump's tariffs and the rise of artificial intelligence. Procter & Gamble plans to cut 7,000 jobs, Microsoft has laid off 6,300 employees, Walmart reduced 1,500 positions, and Disney cut several hundred jobs. Citigroup also announced 3,500 job cuts in China, primarily in IT services.

- Corporate America is facing significant layoffs due to economic pressures from tariff policies and the impact of artificial intelligence on workforce needs.  
- Procter & Gamble plans to cut 7,000 jobs, Microsoft has reduced 6,300 positions, Walmart cut 1,500 jobs, and Citigroup announced 3,500 layoffs in China.  
- These reductions reflect a broader trend of companies adjusting their workforce in response to changing economic conditions and technological advancements.

Benzinga

Microsoft

Disney

Walmart

GraniteShares 2x Long MSFT Daily ETF

YieldMax MSFT Option Income Strategy ETF

Direxion Daily MSFT Bear 1x Shares

Direxion Daily MSFT Bull 2X Shares

T-Rex 2X Long Microsoft Daily Target ETF

Kurv Yield Premium Strategy Microsoft MSFT ETF

Walmart, Microsoft, Disney Slash Jobs As Trump Tariffs, AI Push Corporate America Into Layoff Mode