Experts say the U.S. labor market is a “no-hire, no-fire” landscape, but are recent staff cuts at major corporations signaling a shift? Must Read For most of 2024 and 2025, the U.S. job market felt oddly still with relatively few mass layoffs, but no big hiring booms either. Economists called it the “no-hire, no-fire” era, a rare moment when employers seemed frozen in place after years of pandemic churn. Now, that uneasy balance may be ending. U.S.-based employers announced 153,074 job cuts in October, ...