Why Companies Are Laying Off

Stated reasons

Reasons drawn from the written summaries on this site. This is a developing sample — 399 layoff events currently have a researched summary — so treat these as indicative, not a census. The share grows as more events are summarized.

32%
of summarized layoffs mention AI
129
mention AI
74
cite cost cutting
399
summarized events
Reason mentionedEventsShare
Restructuring / reorganization 195 49%
AI / artificial intelligence 129 32%
Cost cutting 74 19%
Pandemic over-hiring 22 6%

WARN filings: closures vs. layoffs

Based on 10,485 WARN Act filings, which classify each notice by type.

Other7.7kLayoff1.5kClosure1.3k
Plant/site closure vs. layoff
Unspecified7.6kPermanent2.8kTemporary143
Permanent vs. temporary