(Reuters)

U.S. companies across sectors have initiated layoffs as they attempt to streamline operations amid economic uncertainties, following similar cutbacks seen last year.

Job openings — a measure of labour demand — rose 191,000 to 7.391 million by the last day of April, the Labour Department’s Bureau of Labour Statistics said. However, layoffs posted their biggest rise in nine months, signalling that labour market conditions were softening as the Trump Administration’s unpredictable tariff shifts pressure the economic outlook.

Here are some of the companies that have announced job cuts so far in 2025:

• UnitedHealth was offering employees in its benefits operations unit the option to accept buyouts in February and may pursue layoffs if the resignation quota is not met, according to a CNBC report.
• Morgan Stanley layoffs are aimed at improving operational efficiency and unrelated to current market conditions, a person familiar with the matter told Reuters.