Global job losses in fashion and footwear are climbing in 2025.
Shoe firms and fashion retailers — including Nike, Puma, Saks Global and Target, among others — are cutting jobs as part of a larger trend across corporate America and beyond. So far in 2025, the tally has reached a minimum of 17,267 job cuts.
Global shipping and logistics firm United Parcel Service Inc., which ships many of the online shoe orders, conducted sweeping cuts this year that saw 48,000 positions eliminated thus far. UPS is moving more operations toward automation. It also will see a 50 percent cut in its Amazon package volume by the middle of 2026.
And with AI driving some of the change, tech firms have also been reducing their global workforces. Intel is slated to cut 24,000 jobs , while Microsoft is expe

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