Companies Face Uncertainty, Layoffs

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mass layoffs

CNBC

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Technology

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Summary

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82% Informative

Companies including Walmart , Amazon , Microsoft and Procter & Gamble have announced job cuts in recent weeks .

Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President Donald Trump 's trade policies.

Some companies have cited artificial intelligence as a factor in headcount adjustments.

The WBD cuts follow the company's move to reorganize into two divisions: a global linear networks division and a streaming and studios unit. That process was completed during the first quarter . — CNBC 's Amelia Lucas , Jordan Novet , Anniek Bao , Melissa Repko , Ryan Browne , Annie Palmer , and Reuters contributed to this report..