Texan Workforce Faces Turmoil: 1,300 Layoffs by 2025
A recent wave of mass layoffs in Texas is set to impact around 1,300 workers by 2025, primarily affecting the medical, manufacturing, and federally contracted sectors. With major employers like CBRE facing contract changes with Brooke Army Medical Center (BAMC), and echoes of past funding cuts such as those at RAICES, the economic stability of Texas hangs in the balance. As workers brace for the potential loss of tenure and benefits, the community watches closely amid growing concerns over rising unemployment rates.
Oct 18