---
title: "U.S. October layoff announcements surge, with companies like Amazon leading the layoffs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264902570.md"
description: "In October, the number of corporate layoffs announced in the United States surged to 153,074, setting a record high since 2003. The technology sector is the main area of layoffs, as companies adjust to AI applications and weak spending, with affected companies including Amazon, Target, and UPS"
datetime: "2025-11-07T15:35:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264902570.md)
  - [en](https://longbridge.com/en/news/264902570.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264902570.md)
---

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# U.S. October layoff announcements surge, with companies like Amazon leading the layoffs

In October, the number of corporate layoff announcements in the United States reached 153,074, setting a record high for that month since 2003. The technology sector led the layoffs as companies adjusted to AI applications and weak spending. Affected employers include Amazon (AMZN), Target (TGT), and UPS (UPS)

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- [Direxion Daily AMZN Bull 2X Shares (AMZU.US)](https://longbridge.com/en/quote/AMZU.US.md)

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