US companies across sectors have initiated layoffs as they attempt to streamline operations amid economic uncertainties, following similar cutbacks seen last year.

Job openings — a measure of labor demand — decreased 288,000 to 7.192 million by the last day of March, according to the labor department’s Job Openings and Labor Turnover Survey, or JOLTS report. But layoffs also declined, suggesting that the labor market remained on solid footing despite an ever-shifting tariffs policy under US President Donald Trump.

Here are some of the companies that have announced job cuts so far in 2025:

* UnitedHealth was offering employees in its benefits operations unit the option to accept buyouts in February and may pursue layoffs if the resignation quota is not met, according to a CNBC report.

* Morgan Stanley layoffs are aimed at improving operational efficiency and unrelated to current market conditions, a person familiar with the matter told Reuters.