August 2025 Layoffs: Comprehensive List and Details of US Job Cuts

As the US economy navigates a turbulent landscape marked by rising costs, global tariffs, and shifting corporate strategies, August 2025 has seen a significant wave of layoffs across multiple industries. According to recent data, 114 companies have filed notices for potential layoffs this month, impacting thousands of workers nationwide. This article provides a detailed overview of the layoffs announced in August 2025, offering insights into the affected sectors, companies, and reasons behind these workforce reductions. For the latest updates on job market trends, stay tuned to NRIGlobe.

Overview of August 2025 Layoffs

The US job market in August 2025 is experiencing significant strain, with a reported 114 companies planning layoffs, a notable increase from the 95 companies that announced job cuts in July. According to a Newsweek report, these layoffs span various sectors, including technology, retail, healthcare, pharmaceuticals, food and beverage, and logistics. The Bureau of Labor Statistics reported a mere 73,000 jobs added in July, falling short of economists’ expectations, signaling a slowing job market amid rising unemployment and economic uncertainty driven by factors like tariffs and inflation.

Key Factors Driving Layoffs in August 2025

Several factors are contributing to the layoffs in August 2025:

Economic Uncertainty and Tariffs: The looming expiration of a 90-day tariff pause on China, set to end on August 12, 2025, has created uncertainty, prompting companies to adopt a cautious approach to workforce management.
AI and Automation: The rapid adoption of artificial intelligence (AI) and automation is reshaping workforces, particularly in the tech sector, where companies are replacing human roles with AI-driven tools.
Cost-Cutting Measures: Companies are streamlining operations to improve profitability amid declining revenues and rising operational costs.
Global Market Pressures: Declining demand and fluctuating commodity prices are impacting industries like agriculture and energy, leading to workforce reductions.

Comprehensive List of Companies Announcing Layoffs in August 2025

Below is a detailed list of companies that have announced layoffs in August 2025, based on available data from sources like WARN notices, news reports, and industry trackers such as Intellizence and WARNTracker.com.

1. Microsoft

Number of Layoffs: Approximately 40 employees in Washington state, part of a larger global cut of over 15,000 since May 2025.
Details: Microsoft’s latest layoffs in August focus on reducing management layers to increase agility. The cuts affect various teams, including the Xbox gaming division, sales, and legal teams. These reductions are part of Microsoft’s strategic shift toward AI investments and organizational efficiency.
Location: Washington state, with global impacts.
Reason: Streamlining operations and prioritizing AI-driven growth areas.

2. Intel

Number of Layoffs: 24,000 employees globally by the end of 2025, with significant cuts announced in July and continuing into August.
Details: Intel is undergoing one of the largest restructurings in its history, reducing its workforce from 99,500 to 75,000. The layoffs include 2,400 workers in Oregon, 1,935 in California, and 700 in Arizona. Additionally, 20% of Intel’s foundry division is being cut, with some marketing functions outsourced to Accenture.
Location: US (Oregon, California, Arizona) and global facilities.
Reason: Cost reduction and organizational simplification to address declining demand and improve efficiency.

3. Morrisons

Number of Layoffs: 3,600 employees.
Details: The UK-based supermarket chain closed 17 stores, leading to significant job cuts. While primarily a UK operation, this reflects broader retail sector challenges that resonate with US trends.
Location: Primarily UK, but relevant to global retail trends.
Reason: Store closures to streamline operations.

4. Lido

Number of Layoffs: 15% of staff.
Details: The crypto staking protocol reduced its workforce to sharpen focus amid a recovering crypto market.
Location: Global.
Reason: Strategic realignment to improve operational efficiency.

5. Amazon

Number of Layoffs: 110 employees in its Wondery podcast division.
Details: Amazon is reorganizing its audio business, leading to job cuts in the Wondery podcast unit as part of broader cost-cutting measures.
Location: US.
Reason: Reorganization to enhance profitability.

6. Maine Health System

Number of Layoffs: Unspecified number, part of pre-acquisition restructuring.
Details: A Maine-based health system announced layoffs ahead of an acquisition to streamline operations.
Location: Maine, US.
Reason: Pre-acquisition cost-cutting and restructuring.

7. Duke University

Number of Layoffs: Nearly 600 staff members.
Details: The university is implementing a voluntary separation incentive program, with involuntary layoffs scheduled to begin in August. These cuts will significantly reshape university operations.
Location: North Carolina, US.
Reason: Financial restructuring to address operational costs.

8. Nextdoor

Number of Layoffs: 67 employees (12% of staff).
Details: The neighborhood social networking company is reorganizing to achieve profitability, reducing operating expenses by approximately $30 million.
Location: US.
Reason: Cost reduction and profitability focus.

9. Bayer

Number of Layoffs: Expected additional reductions following 2,000 cuts in Q1 2025.
Details: Bayer’s ongoing reorganization, initiated in July 2023, has already reduced its workforce by 11,000. Further layoffs are anticipated over the next 18 months, primarily targeting management positions.
Location: Global, with significant US impact.
Reason: Leaner operations to free up resources for high-impact work.

10. Eikon Therapeutics

Number of Layoffs: Up to 64 employees (15% of workforce).
Details: The biotech company announced a reduction in force to sharpen focus and improve operational efficiency.
Location: New York, New Jersey, and California, US.
Reason: Response to external economic pressures and operational streamlining.

11. Iovance Biotherapeutics

Number of Layoffs: Fewer than 20% of employees.
Details: The biotech firm is undergoing a strategic restructuring to extend its cash runway, affecting both full-time employees and contractors.
Location: US.
Reason: Cost-saving measures to support financial stability.

12. Georgia-Pacific

Number of Layoffs: Between 501 and 1,000 employees.
Details: The manufacturing company is part of the 114 companies planning layoffs in August, reflecting broader economic challenges in the sector.
Location: US.
Reason: Cost-cutting amid economic uncertainty.

13. Pixelle Specialty Solutions

Number of Layoffs: Between 501 and 1,000 employees.
Details: The specialty paper manufacturer is reducing its workforce as part of industry-wide cost-cutting measures.
Location: US.
Reason: Economic pressures and operational streamlining.

Industry-Specific Layoff Trends in August 2025

Technology Sector

The tech industry continues to face significant layoffs, with an estimated 96,861 employees impacted across 413 companies in 2025 so far, according to TrueUp. Major tech giants like Intel, Microsoft, and Amazon are leading the charge, driven by AI adoption and economic uncertainties. The rapid integration of AI is replacing human roles, particularly in software engineering, product development, and customer support.

Retail Sector

Retail layoffs are driven by store closures and shifting consumer behaviors. Morrisons’ closure of 17 stores and Wells Fargo’s consolidation of non-customer-facing operations highlight the sector’s challenges. Approximately 400 Wells Fargo positions in Oregon have been cut since early 2023, with more expected by year-end.

Healthcare and Biotech

The healthcare and biotech sectors are not immune, with companies like Maine Health System, Bayer, and Iovance Biotherapeutics announcing layoffs to streamline operations and extend financial runways. The biotech industry saw a 3% increase in layoffs in 2024 compared to 2023, a trend continuing into 2025.

Manufacturing and Logistics

Manufacturing firms like Georgia-Pacific and Pixelle Specialty Solutions are cutting jobs due to rising costs and tariff uncertainties. Logistics companies are also affected as global supply chains adjust to new economic realities.

Economic Context and Future Outlook

The August 2025 layoffs reflect broader economic challenges, including:

Tariff Impacts: President Trump’s tariff policies, particularly the expiration of the China tariff pause, are creating uncertainty, potentially leading to reduced unit sales and economic slowdown. Economist Daniel Alpert noted that significant tariff impacts could trigger a recession.
AI-Driven Workforce Changes: The World Economic Forum predicts that 41% of companies worldwide will reduce workforces over the next five years due to AI advancements.
Slowing Job Growth: The July jobs report’s 73,000 job additions fell short of expectations, underscoring labor market concerns.

Looking ahead, layoffs are expected to continue into late 2025, particularly in tech and retail, unless venture capital funding increases or market conditions stabilize. However, emerging opportunities in AI and sustainability may create new roles for skilled workers.

How to Check if Your Employer Is Planning Layoffs

To determine if your employer is planning layoffs, check WARNTracker.com, which tracks Worker Adjustment and Retraining Notification (WARN) notices. The federal WARN Act requires employers with 100 or more employees to provide 60 days’ notice for mass layoffs affecting 50 or more workers. Some states have additional “mini-WARN” laws for smaller employers.

Conclusion

The August 2025 layoffs highlight the ongoing challenges in the US job market, driven by economic uncertainties, AI adoption, and cost-cutting measures. With 114 companies announcing job cuts across diverse sectors, workers face an unpredictable landscape. Stay informed about layoffs and job market trends by visiting NRIGlobe for the latest updates and insights.

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