
List of Companies Laying Off Employees in July
Companies are required to send out a Worker Adjustment and Retraining Notification Act (WARN) notice before implementing mass layoffs. Roughly 95 employers plan to lay off workers in July, according to WARNTracker.com.
The United States economy is responding to governmental actions, including the imposition of widespread tariffs on countries worldwide and a decline in consumer sentiment.
Layoffs may not directly correlate to the current economic climate, as some companies strive to maximize profits at the behest of the broader workforce. Others attempt to better fulfill demand.
The roughly 100 companies laying off employees throughout July indicate an improvement in the business sector, as about 160 companies laid off workers in June.
The layoffs will affect multiple industries, including retail, pharmaceuticals, food and beverage, health care, package delivery and more.
Employee layoffs vary by company and location, with some laying off between one and 25 employees. The layoffs are more drastic at some companies, such as Microsoft, where between 1,000 and 2,500 workers are expected to lose their jobs in July.
The full list, based on WARN notices via WARNTracker.com, includes:
First StudentUnited States Cellular CorporationLaCroixHSNChevronBerry GlobalPrimo BrandsUPSGalion Pointe Nursing & RehabABM IndustriesAtco Rubber ProductsMortech Manufacturing CompanyMedStar Mobile HealthcareBarrette Outdoor LivingINOAC Exterior SystemsUnitek Learning Education GroupS&S ActivewearAtria Wealth SolutionsStarbucksC&S Wholesale GrocersCortevaSSB Manufacturing CompanyGoogleFedExLamps PlusSurfair MobilityAmerican Institutes of ResearchAmazonFoot Locker10x GenomicsVigor AlaskaKratonL.A. TurbineAir Distribution TechnologiesAnthony InternationalCVSCollege Success FoundationColosseum AthleticsDufry by AvoltaMuseum of Ice CreamGroundGame HealthReyes Coca-Cola BottlingLakeshore Learning MaterialsFrito-LayGenentechIsland Peer Review OrgEagle HealthcareTechnology PartnerWells FargoMulligan SecurityTransAxleTruvant North AmericaCollins AerospacePMAB-5Revlon Consumer ProductsNavitorWIOSS AtlantaLewis Tree ServiceF&S Produce WestSix Flags Entertainment CorporationPivot BioTend Exchange Subsidiary/Delaware Tender StaffingEikon TherapeuticsCoronado Stone ProductsSilgan Containers Manufacturing CorporationAllergan AestheticsPaneraMain Street ManorWaste Harmonics KeterGlobe MotorsCrothall HealthcareMorrison HealthcareNFI IndustriesTom Thumb StoreAdvanced Pressure TechnologyVirginia Mason Franciscan Health Virtual ServicesEnd of Sandwich Tavern RestaurantRemote WorkersPowinAll-Rite LeasingRTXSummit BHC New JerseyGEODISMenzies AviationJai'sGTM Discount General StoreBridgestone TiresSaddle Creek CorporationLiberty Residential ServicesThe Fresh MarketSpreckels Sugar CompanyAmerican Contract SystemsCornerstone Chemical CompanyU-Line Corporation
Other companies, such as Kroger, are closing approximately 60 of their stores nationwide over the next 18 months. A Kroger spokesperson declined to comment to Newsweek on the closures or provide a list of locations and dates of expected cessation of operations.
In an October 2024 earnings announcement, Walgreens CEO Tim Wentworth announced the intended closure of 1,200 stores, with the first 500 closures scheduled for the first fiscal year as part of a new footprint optimization strategy.
Evaluating a long-term footprint "is ongoing and evolving."
"We will continue to execute our previously announced turnaround plan aimed at stabilizing the retail pharmacy, including our footprint optimization program," the company told Newsweek. "Increased regulatory and reimbursement pressures are weighing on our ability to cover the costs associated with rent, staffing, and supply needs.
"It is never an easy decision to close a store, and we know how important they are to the communities we serve and therefore do everything possible to improve their performance. When closures are necessary, we will work in partnership with community stakeholders to minimize customer disruptions."
Mark Mathews, executive director of research at the National Retail Federation (NRF), told Newsweek that some consumers are still willing to spend, but the retail market beyond top-line growth is experiencing some "distressed behavior."
"We see consumers, especially in higher-income households, trading down to Discount Dollar and off-price," Matthews said. "We've seen some retailers that operate in that space. They're seeing extremely high levels of higher-income consumers shopping there.
"While topline retail sales aren't impacted yet, we're definitely seeing some of the concern that consumers are expressing when you look at consumer sentiment translating into changes in the way that people are spending their money. They're just being a little bit more careful. They're definitely looking for promotions and sales. We have a pretty cautious consumer."
Ben Johnston, chief operating officer of small business lender Kapitus, told Newsweek that the "tremendous amount of optimism" at the beginning of this calendar year has faded as consumer sentiment has worsened.
"Our borrowing base is continuing to perform well, and it looks to me like business owners, at least our constituents, are being really responsible," Johnston said. "They're not taking on growth projects that they're not confident in, but they're taking on that normal business.
"They're not looking to make a big financial bet right at this moment. I think they're taking a wait-and-see approach to what's going to happen with tariffs and where the economy is going to go in the fall."
Matt Sable, Co-Head of J.P. Morgan Commercial Banking, previously told Newsweek: "Business leaders are managing through a lot of unknowns—from policy uncertainty to market volatility and beyond—and are thoughtfully recalibrating their strategic plans as they seek more clarity about the future."
"Business leaders are most concerned about uncertain economic conditions heading into the second half of the year," he said. "Other key factors like tariffs, policy uncertainty and geopolitical events are top of mind as well. While the near-term may seem uncertain, they're operating with a long-term view, focusing on what they can control to run and grow their businesses."
Last week, Federal Reserve Chair Jerome Powell said the U.S. economy was "in solid shape," after the central bank opted to hold off on interest rate cuts.
Powell, however, warned of "very high uncertainty" due to tariffs, adding: "Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs."
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