Layoffs have remained contained so far

Hi HODLers and Hiveans,

As I had more time this weekend, I started assessing the US Eocnomic situation and looked at the layoffs and in particular the tech ones.

We keep hearing that the tech job sector is underpressure from AI and other productivity gains.

June 2025 layoffs are way down compared to June 2024 ones

Q2-2025 layoffs are on par with Q2-2024

Most layoffs I looked at where just ot gain some efficiency inside organisation that most likely overhired or are trying to get leaner to stop bleeding cash. As Rivian layoffs announced on Friday. You can read more here .

One thing I keep hearing and seeing in the data is that getting a job is harder than before and usually this is what is coming before any mass layoffs.

Any thoughts? What are you seeing or hearing from friends?

Source

Author's latest publications:

• Kalshi the Prediction Market Platform is now valued at $2bn+!

• US Consumer Confidence weakens in June
  

• Job market is slowing down and younger graduates are paying the price!

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