June 05, 2025 Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025 BY Natasha Etzel Layoff announcements from U.S. employers have increased 80%, to 696,309 job cuts, through May of this year. That’s in comparison with the 385,859 cuts announced throughout the first five months of 2024, … Continue reading Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025 →