The anxiety of multiple layoffs.

From Marketplace, I'm Nancy Marshall Genser in for David Boncaccio.

Meta announced this week it's laying off hundreds of workers across several divisions,

fresh after another round of cuts back in January.

If it feels like you're regularly hearing about layoffs in the tech sector, you are not imagining things.

The resume site, Zeti, did a survey of tech layoff announcements and found almost a third of

tech companies did at least two rounds of layoffs between 2023 and 2025. Marketplace's Kimberly

Adams has more. Zeti looked at publicly reported data about more than

a thousand tech companies. Here's Zetty's Jasmine Escalera. We saw that almost half of all

layoffs come from repeat layoff companies, and 70% of repeat layoffs are actually happening

within 12 months. It's bad enough for the workers left behind after one round of layoffs,

with Survivor's guilt and all, but Vicki Salemi with Job Search Site Monster says when you have

multiple layoffs, they're thinking, okay, wait a minute, am I next? So there's more anxiety, usually.

There's more concern. There's just more stress in general.

And that has consequences for the business as well. Sandra Sucher at Harvard Business Schools says 70% of companies that lay people off see a decline in employee morale in the first

year. And there's a 20% decline in productivity, higher rates of product defects, and in general, a sort of a concern about taking risks.

Because it's hard to do your best work when you're worried the next round of layoffs is coming for you.

In Washington, I'm Kimberly Adams for Marketplace.

The Senate has approved a package funding most of the Department of Homeland Security, including the Transportation Security Administration. There is no funding for ICE or the Border to investigate reports of heavy construction

and farm equipment made in Mexico. This comes as a Trump administration review of the U.S.-Mexico-Canada

agreement is underway. The U.S.MCA accounts for more than $4 billion worth of cross-border trade.

It was an economic cornerstone of President Trump's first term, and it is up for

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