Derived from Bitcoin.com, a global outplacement firm, Challenger, Gray & Christmas, reported that U.S. layoffs in 2025 have reached nearly 1.2 million, the highest level since the 2009 Great Recession. November saw 71,321 job cuts, down from October but up from November 2024. The Department of Government Efficiency led layoffs, followed by market and economic conditions. AI accounted for fewer than 55,000 cuts. Bitcoin’s price declined 1.57% to $90,146.16 amid economic uncertainty.
2025 Layoffs Near 1.2 Million, Worst Since 2009 Recession
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