Oregon faces unprecedented mass layoffs in 2025, approaching Great Recession levels
Oregon faces unprecedented mass layoffs in 2025, approaching Great Recession levels
Oregon's economy faces significant mass layoffs in 2025, reminiscent of the Great Recession, impacting technology, manufacturing, and education sectors. Intel and the University of Oregon have announced workforce reductions due to global market uncertainties and budget pressures. The state is monitoring the situation, providing support services, and strategizing economic diversification to mitigate the widespread economic and social implications.
Oregon's economy faces significant mass layoffs in 2025, reminiscent of the Great Recession, impacting technology, manufacturing, and education sectors. Intel and the University of Oregon have announced workforce reductions due to global market uncertainties and budget pressures. The state is monitoring the situation, providing support services, and strategizing economic diversification to mitigate the widespread economic and social implications.