25 Biggest Layoffs in the Last Year

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Source: The Boeing Co.

21. Boeing Company
> Number of announced layoffs: 1,800
> Date: March 3
> Industry: Aerospace/defense
> Reason: Buyout

Source: Armin Kübelbeck, CC-BY-SA, Wikimedia Commons

22. Merck & Company
> Number of announced layoffs: 1,800
> Date: October 21
> Industry: Pharmaceutical
> Reason: Cost-cutting

Source: Wikimedia Commons

23. Marsh Supermarkets
> Number of announced layoffs: 1,535
> Date: May 1
> Industry: Retail
> Reason: Bankruptcy

Source: Wikimedia Commons

24. Westinghouse Electric Company
> Number of announced layoffs: 1,500
> Date: September 20
> Industry: Construction
> Reason: Restructuring

Source: pexels.com

25. Nike Inc.
> Number of announced layoffs: 1,400
> Date: June 15
> Industry: Retail
> Reason: Cost-cutting