(NEWSnet) — Lots of layoffs across corporate America this week as the auto industry and technology giants led the cuts.

General Motors and Stellantis led the layoffs by slashing thousands of jobs collectively.

Meanwhile, Ford temporarily laid off some factory workers.

The layoffs come amid the United Auto Workers strike.

Digital communications company Cisco announced on Monday that it slashed 350 jobs. This is not a first for the Silicon Valley tech giant. Last year, it cut a staggering 5% of its workforce. Cisco is not in a financially dire position, though.

The company announced its intentions to buy the cybersecurity firm Splunk for $28 billion earlier this week.

Down the road, “X,” the company formerly known as Twitter, had more cuts with its Trust and Safety teams. The unspecified number of layoffs is likely under ten. This does have a larger impact as the team is responsible for keeping the platform free of harmful content. The move undermines its alleged goal to drive advertisers back.

John Deere Harvester Works announced it will cut 225 jobs in Illinois, with the layoffs taking effect on October 16. This comes despite a pretty positive earnings report only months ago, with net income surging by 58% on a year-over-year basis.

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