List of Companies Laying Off Employees in August
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
Thousands of employees across various industries are expected to be laid off in August.
Companies are required to send out a Worker Adjustment and Retraining Notification Act (WARN) notice before implementing mass layoffs. A total of 114 companies are anticipated to cut workers, according to WARNTracker.com.
Why It Matters
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 United States economy is responding to governmental actions, including widespread tariffs on countries worldwide and reactions from myriad industries, including manufacturing.
The layoffs expected this month may indicate a still-turbulent economy and lack of clarity within the business sector, with the layoff outlook showing an increase compared to the roughly 95 employers that laid off workers in July. It's a smaller number overall compared to the roughly 160 companies that laid off workers in June.
A total of 114 companies are anticipated to cut workers in August 2025, according to a data tracker.
A total of 114 companies are anticipated to cut workers in August 2025, according to a data tracker.
Getty Images
What To Know
The layoffs will affect multiple industries, including retail, software, pharmaceuticals, food and beverage, health care, package delivery and more.
Employee layoffs vary by company and location. Some are slated to lay off between one and 25 employees. Other actions are more drastic, including Microsoft, Georgia-Pacific and Pixelle Specialty Solutions, each projected to lay off between 501 and 1,000 workers.
The full list, based on WARN notices via WARNTracker.com:
INEOS ABS USA
CAM Industrial Solutions
TouchPoint Services (AKA Compass Group)
United States Cellular Corporation
Lennox Industries
Pacific Premier Bank
Wellpath
Atria Wealth Solutions
Corteva
Prothena Biosciences Inc.
Hood Packaging Corporation
Microsoft
JC Penney
Central Valley Training Center, Inc.
Stephens Distributing Company
DAI Global, LLC
Morgan Truck Body, LLC
Reyes Coca-Cola Bottling, LLC
L&T Precision, LLC
Oerlikon Balzers Coating USA Inc.
Georgia-Pacific
Sutro Biopharma, Inc.
Boston Scientific Corporation
Mission Linen Supply
CAM Industrial Solutions
Highgate Hotels
CVS Health Corporation
ACDI/VOCA
Michaels Stores Procurement, Inc.
Incyte Diagnostics
JP Morgan Chase
Leidos Holdings, Inc.
Sapango, Inc. (Tre Posti)
Vertex Pharmaceuticals
Swat Fame, Inc.
The Mutual Group
Sodexo
Del Monte Foods, Inc.
Movate, Inc. (The Genesis Project)
Discovery Energy (Rehlko)
INOAC Exterior Systems, LLC
Accelerate360 Distribution, LLC
Nuttall Gear, LLC
First Student
Paramount Global
BioNTech Us, Inc.
Need It Now
Need It Now Delivers, LLC
Del Frisco's Double Eagle Steakhouse
Pixelle Specialty Solutions
Wells Fargo
Harpoon Henry's Seafood Restaurant
KIRA Services, LLC
KIRA Government Services
KIRA Services LLC and KIRA Training Services
Southeast Service Corporation (Services For Education)
Robert Kaufman, Inc.
Ranstad US
TEKsystems
Seviroli Foods
Tyson Foods
HyPro, Inc.
Transit Management of Volusia County, Inc.
Stingray Pressure Pumping
Gilead Sciences
Target
TransAxle, LLC
Nordstrom
Albertson's Baton Rouge
Randalls Store
ADRA International
Lightspeed Logistics Miami, LLC
Advanced Drainage Systems, Inc.
Encino Energy, LLC
JC Penney (Maryland)
Milwaukee Forge, LLC
Planned Parenthood Mar Monte, Inc.
Amazon Fresh
McDonald's Restaurants of California, Inc.
Khoros, LLC
Oxford Social Club
Mucci Tehachapi, Inc.
Nasco Education, LLC
Social Distribution, LLC
Walmart
BLST Operating Company, LLC
LPL Financial, LLC
CRST Expedited, Inc.
Whitsons Food Service, LLC
Milgard Manufacturing, LLC
Columbus Regional Health
Joe's Crab Shack
Goldman Sachs and Co., LLC
Prineville Facility
Design Group Americas and Red Lion, LLC
Pocino Foods Company
IG Design Group Americas, Inc.
Bowhead Missions Solutions, LLC
International Business Machines-Coppell
Accenture
Rogue Valley Transportation District
Activision Blizzard
Science Systems and Applications
Management and Training Corporation
Pourlessoins (Synergy Health Services and Zomleben)
Northwest Offset Printing, Inc.
Santa Maria Hostel
TT Electronics Facility IRC (Plano)
Ford Design Studio
NYP Holdings, Inc.
Sonoco Products
DHL
OTG Management - Terminal 8
U.S. Cotton, LLC
Daniel Alpert, executive chairman of Westland Capital LLC, told Newsweek via phone that the "jury's still out" regarding the impact of tariffs on American employers and workers/consumers, saying that as soon as there is a substantial impact on unit sales, a recession will essentially be in effect.
"It's pretty simple," Alpert said. "Conversely, in intermediate goods, when you have price rises in primary inputs that affect the ability of domestic manufacturers to manufacture without losing money, you're going to have layoffs and there's your recession. So, it really depends on what this all comes out to be in the end.
"My general overall answer is what [Trump] wants to do, he can't do without tanking the economy. Can he do something less than what he is fulminating about? Yeah, there are things he can do to fine-tune the system that could even be beneficial. But that's not what's coming out of his mouth, or his pen, at the moment."
A Fox News poll conducted from July 18-21 and surveying 1,000 randomly selected voters found that 32 percent rated economic conditions positively—the highest number, by 1 percentage point, in roughly a year. On a personal level, 44 percent rated their financial situation positively, up from 39 percent in March and 38 percent in December.
What People Are Saying
The White House, on Wednesday: "Today, President Donald J. Trump signed an Executive Order suspending duty-free de minimis treatment for low-value shipments, closing the catastrophic loophole used to, among other things, evade tariffs and funnel deadly synthetic opioids as well as other unsafe or below-market products that harm American workers and businesses into the United States."
What Happens Next
As Trump's suspension of "reciprocal tariffs" ends Friday, most countries unsuccessful in securing a trade deal with the U.S. will see their rates revert to the levels announced on April 2.
The 90-day tariff pause on China is due to end on August 12, with no indications of a further extension.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
Exclusive-SK Hynix expects AI memory market to grow 30% a year to 2030
By Heekyong Yang and Max A. Cherney SEOUL/SAN FRANCISCO (Reuters) -South Korea's SK Hynix forecasts that the market for a specialized form of memory chip designed for artificial intelligence will grow 30% a year until 2030, a senior executive said in an interview with Reuters. The upbeat projection for global growth in high-bandwidth memory (HBM) for use in AI brushes off concern over rising price pressures in a sector that for decades has been treated like commodities such as oil or coal. "AI demand from the end user is pretty much, very firm and strong," said SK Hynix's Choi Joon-yong, the head of HBM business planning at SK Hynix. The billions of dollars in AI capital spending that cloud computing companies such as Amazon, Microsoft and Alphabet's Google are projecting will likely be revised upwards in the future, which would be "positive" for the HBM market, Choi said. The relationship between AI build-outs and HBM purchases is "very straightforward" and there is a correlation between the two, Choi said. SK Hynix's projections are conservative and include constraints such as available energy, he said. But the memory business is undergoing a significant strategic change during this period as well. HBM - a type of dynamic random access memory or DRAM standard first produced in 2013 - involves stacking chips vertically to save space and reduce power consumption, helping to process the large volumes of data generated by complex AI applications. SK Hynix expects this market for custom HBM to grow to tens of billions of dollars by 2030, Choi said. Due to technological changes in the way SK Hynix and rivals such as Micron Technology and Samsung Electronics build next-generation HBM4, their products include a customer-specific logic die, or "base die", that helps manage the memory. That means it is no longer possible to easily replace a rival's memory product with a nearly identical chip or product. Part of SK Hynix's optimism for future HBM market growth includes the likelihood that customers will want even further customisation than what SK Hynix already does, Choi said. At the moment it is mostly larger customers such as Nvidia that receive individual customisation, while smaller clients get a traditional one-size-fits-all approach. "Each customer has different taste," Choi said, adding that some want specific performance or power characteristics. SK Hynix is currently the main HBM supplier to Nvidia, although Samsung and Micron supply it with smaller volumes. Last week, Samsung cautioned during its earnings conference call that current generation HBM3E supply would likely outpace demand growth in the near term, a shift that could weigh on prices. "We are confident to provide, to make the right competitive product to the customers," Choi said. 100% TARIFFS U.S. President Donald Trump on Wednesday said the United States would impose a tariff of about 100% on semiconductor chips imported from countries not producing in America or planning to do so. Choi declined to comment on the tariffs. Trump told reporters in the Oval Office the new tariff rate would apply to "all chips and semiconductors coming into the United States," but would not apply to companies that were already manufacturing in the United States or had made a commitment to do so. Trump's comments were not a formal tariff announcement, and the president offered no further specifics. South Korea's top trade envoy Yeo Han-koo said on Thursday that Samsung Electronics and SK Hynix would not be subject to the 100% tariffs on chips if they were implemented. Samsung has invested in two chip fabrication plants in Austin and Taylor, Texas, and SK Hynix has announced plans to build an advanced chip packaging plant and an artificial intelligence research and development facility in Indiana. South Korea's chip exports to the United States were valued at $10.7 billion last year, accounting for 7.5% of its total chip exports. Some HBM chips are exported to Taiwan for packaging, accounting for 18% of South Korea's chip exports in 2024, a 127% increase from the previous year.
Yahoo
an hour ago
- Yahoo
Could MLB buy the Savannah Bananas? Co-Owner Jesse Cole Weighs in on Possibility
Could the uber-popular independent baseball team, the Savannah Bananas, be sold to MLB one day? Co-owner and team ringleader Jesse Cole says there is no chance. And he's offered up surprising reasons why. The Savannah Bananas brand has grown exponentially over the last few years. Things have gotten to the point where the team that plays in competitive but comedic games is selling out MLB stadiums around the country consistently. It is a money-making machine that surely has the attention of major companies and leagues, such as MLB. However, if MLB or any major corporation came calling to own the Bananas brand, co-owner and founder Jesse Cole recently explained why he would never sell. Because it isn't about the money, and instead, the goal is to create a brand that is recognized around the globe. 'No, and I would never sell. No, why would I? It's not about the money,' Cole said in a recent interview. 'What would I do? I'd be bored. I think the difference is a lot of people, when they start things, they wanna make a lot of money. That's never been my interest. Nine years ago, I was sleeping on an air bed. I want to create a billion fans. 'We love this so much. Every day we come out here and get to do things we've never done before and get to have control of creating something. We could make millions and millions more if we charged the ticket price that people would pay,' he admitted. 'The average ticket on the secondary market is going for $300 or $400. Our average ticket is $40 to $60. No ticket fees, no service fees, no convenience fees. Savannah Bananas could be part of a future league? As the Bananas' style of sports and entertainment continues to grow, they are constantly compared to the Harlem Globetrotters. However, Cole claimed recently that the comparison couldn't be further from the truth. The reason being is the legendary basketball team turned into a pure moneymaking enterprise. He has far bigger goals for 'Banana ball.' 'We are not the Globetrotters. We are going to go out and create competitive Banana ball. We're building a sport,' Cole said. 'The Globetrotters in the 1940s sold out Madison Square Garden twice in one day. They went to Berlin and played in front of 75,000 people. They were the most popular sports team in the world. But what did they do? They said, 'Let's just form another Globetrotters team, and another, and let's just script the show every night so we win and do the exact same things over and over.' 'The NBA was booking them to try and get fans to stay for the NBA games. So my question is, what if the Globetrotters said in the 1940s, 'We create our own league.' Would they be the NBA? Those are the crazy things we think about,' he added. 'MLB is great, and it will be here forever. We look at it like boxing and UFC. Boxing is still tremendous, but UFC came around and said we are going to do it differently.' It is a bold goal. But for a team that has recently sold out football stadiums for games, it is hard to doubt them right now. Related Headlines NASCAR Points Leaders after Today: Cup Series Playoff Picture after Watkins Glen NASCAR Race Today: Kyle Larson, Bubba Wallace, Shane van Gisbergen among Winners, Losers from Watkins Glen NASCAR Results Today: Watkins Glen Winner, NASCAR Cup Series Stage Results and Points Connor Zilisch Injury Update: NASCAR Star Provides Insight on Timeline for Return
Politico
5 hours ago
- Politico
Big Tech's next major political battle may already be brewing in your backyard
Tech companies like Amazon and Microsoft are counting on data centers to power their AI expansions — and the U.S. already has more of these facilities than any other country. President Donald Trump has vowed to 'win the AI race,' moving to implement a Biden-era executive order to build the facilities on federal lands and announcing a $500 billion AI and data center sprint with large tech companies known as Stargate, with a site underway in Texas. But the surge is proving polarizing, particularly in northern Virginia — considered the tip of the spear on this issue with the world's largest and fastest-growing data center market. The Energy Department is projecting data centers will require up to nearly three times as much energy by 2028, raising fears that the tech sector will turn to polluting sources like coal and natural gas in their rush for power. The data center industry is expected to contribute $9.1 billion in gross domestic product to Virginia's economy annually. In Loudoun County, Virginia, that has meant a $250 million budget surplus and a property tax cut. That's a prospect that's hard to ignore for counties with Big Tech knocking on their doors. 'We don't know where to put the money,' said Democrat Juli Briskman, who sits on the county board of supervisors. But the typical residential ratepayer in that state could experience a $14 to $37 monthly electric bill increase by 2040, according to a report from Virginia's Joint Legislative Audit and Review Commission, in part because of the need for infrastructure upgrades whose costs could be spread to all customers. 'Enough is enough,' said Loudoun County Vice Chair Michael Turner, also a Democrat, who is largely opposing new data centers. 'The next election for supervisor will hinge on data centers,' adding that two weeks don't go by where he doesn't hear from other county officials around the country looking for advice. Data centers are seeping into this year's Virginia gubernatorial election, where Democratic nominee and former Rep. Abigail Spanberger is hoping to prevail. | AP In Arizona, Tucson's city council just unanimously voted against a massive data center proposal from Amazon that promised jobs and millions in tax revenue but stoked fears about its water and energy consumption. In other cases, public officials of both parties are rushing to capitalize on the promises of AI — and the tax dollars it can bring in.
