Large job cuts across industries are really stressing workers out around the world. According to Intellizence data, more than 3,140 companies have announced mass layoffs since the start of 2025. This includes news from Intel cutting 24,000 jobs worldwide to Santander UK cutting 2,000 roles. Such moves often make job hunters, workers and graduates wonder about how much trust they have in leadership once jobs are taken away.
The LiveCareer survey of 1,007 UK workers in March found that 58% expect more layoffs in 2025 than last year. Workers feel this way as living costs keep going up and the economy stays uncertain… they already face pressure, with 79% saying salaries are not keeping up with inflation. In this context, each announcement of cuts deepens doubt about whether leaders are being transparent about the reasons behind them.
A series of layoffs in different sectors adds to that feeling. Paramount is preparing to cut up to 3,000 jobs after its merger with Skydance. Lotus will let go of 550 roles in the UK, while Microsoft is removing 9,000 positions globally. Workers who see such large numbers often wonder if they can trust leaders’ promises about job stability.
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Lisa Dawson
PR and Communications