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It wouldn't surprise me at all. This year has felt very shaky across industries. I'm hoping things will stabilize a bit once we're past the election, but there's no guarantee we won't get hit with layoffs before (and even after) that.
Yes
https://hiredmagazine.com/how-election-years-will-typically-affect-hiring/
It’s understandable to feel uneasy, especially with so few job postings. While I can’t predict specific layoffs, a slowdown in hiring can sometimes signal cautious company planning. Stay prepared, but don’t panic just yet.
Layoffs can be somewhat unrelated to the general economy, so sure, they can still happen. Companies report earnings quarterly, and if the analysts from the investment banks want to see cost cutting from layoffs, executives at the companies will call for layoffs. It's about keeping Wall Street happy.
I have been hearing rumblings about layoffs in my workplace but they are happening like 1-2 people at a time in different departments. Makes me nervous for sure. My team just lost 3 people to layoffs in May.
I am seeing huge layoffs in tech and healthcare. Thousands of people are losing their jobs to AI.