Job cuts have been prevalent in various industries recently, with companies like Enovix, Ambri, and Schlumberger announcing significant layoffs. Enovix laid off 170 workers to reduce costs by $35 million, while Ambri, a cleantech startup, filed for bankruptcy despite raising $200 million. Schlumberger is preparing for large job cuts affecting thousands of employees. The total job cuts in May have already reached over 56,000.