Job cuts so far this year are at their highest levels since 2020, new report says.

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Verizon, Amazon, Target and Paramount are just a few of the many companies to have announced layoffs in 2025.

Verizon is laying off over 13,000 employees as part of a major company reorientation. The cuts began on Thursday, according to a memo from CEO Dan Schulman.

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Companies use both job evaluations and performance reviews to determine employee salaries and wages. The first is a newer process than the second and more objective. HR professionals use job ...

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