Why Companies Are Making Layoffs in 2025

In this episode of Wharton Business Daily, Wharton Professor Matthew Bidwell talks with host Dan Loney about recent job cuts. Starbucks announced plans to cut approximately 1,000 corporate jobs, aligning with a broader trend of corporate layoffs in early 2025. Government data indicates that overall layoff levels remain historically low despite recent increases. They discuss how companies use layoffs to streamline operations, particularly at the start of the year when financial reviews and restructuring occur.

ABOUT THE PODCAST The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School.

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