
Layoff wave spreads across US: Starbucks, FedEx, Frito-Lay, Microsoft may axe jobs in July – here’s what’s going wrong
Layoffs across the United States are expected to intensify this month, with nearly 95 employers planning job cuts in July, according to data from WARNTracker.com, cited by ET. The mass layoffs span a wide range of industries including tech, retail, healthcare, delivery, pharmaceuticals, and manufacturing, with thousands of jobs on the line.Companies are required to…