Between January and May 2025, major technology companies including Microsoft and CrowdStrike have collectively cut approximately 50,000 jobs. Microsoft alone has laid off around 6,000 employees, impacting various divisions such as LinkedIn and Xbox, as well as 122 workers in the Bay Area and remote locations. These layoffs have affected employees at all levels despite the company's continued strong sales and profits. The layoffs have been described as sudden and have prompted discussions about job security and salary disparities between tech and government sectors. Other notable layoffs in the U.S. during this period include Ford Motor Co., which cut 350 connected-vehicle software jobs across the U.S. and Canada; biotech firms such as Humacyte in North Carolina, Allogene in California, and RA Ventures in Massachusetts reducing staff to conserve cash amid operational challenges; and Wells Fargo adding 159 layoffs at its Jordan Creek campus in Iowa, contributing to over 1,200 job cuts in the Des Moines metro area since April 2022. Additional layoffs have been reported at companies including Bicycle Corporation of America, International Paper Company, Atria Wealth Solutions, Museum of Ice Cream, WSS (Foot Locker), Kyverna Therapeutics, CaaStle, Inc., Dark Matter Technologies, Winnebago Industries, TEKsystems, Accenture, Sense, and CBS News. These workforce reductions span multiple states including California, New York, Texas, Florida, Iowa, New Jersey, South Carolina, and Massachusetts, reflecting a broad trend of cost-cutting and operational restructuring across diverse industries.