Thousands of employees across various industries are expected to be laid off in June.Companies are required to send out a Worker Adjustment and Retraining Notification Act (WARN) notice before implementing mass layoffs. Roughly 138 employers plan to lay off workers in June, according to WARNTracker.com.Why It MattersAmerican workers and businesses have feared economic turmoil, due in part to the fallout from tariffs imposed on virtually every other nation, as well as on unique industries such as steel and aluminum, and foreign automobiles.Layoffs may not directly correlate to the current economic climate, as some companies strive to maximize profits at the behest of the broader workforce. Others attempt to better fulfill demand.What To KnowNearly 160 companies will be laying off employees throughout the month of June, exceeding the approximately 130 companies that did so in May.The layoffs will affect multiple industries, including retail, pharmaceutical, food and beverage, airlines, package delivery and more. Layoffs in the workforce vary by company, with some laying off between one and 25 employees; other companies, like U.S. Cellular, have larger cuts planned.The full list, based on WARN notices via WARNTracker.com, includes: Newark Group Air Wisconsin Airlines American Institutes of Research Leidos Holdings Cali Nail Market Wells Fargo Chevron Texaco Saddle Creek Logistics Services Whirlpool Corporation Interstate Management Company LLC S3 Shared Service Solution OTG Management (Terminal 5) United States Cellular Corporation Confluent Medical Technologies USCC Management Services Washington Prime Group Vail Corporation Mount McKinley Ardent Mills ImmPact Bio USA Inc., a subsidiary of Lyell Immunopharma Piedmont Athens Regional Medical Center True Food Kitchen Benchmark Precision Technologies INOAC Exterior Systems ASRC Federal Professional Services Thrifty Payless (Rite Aid) The Bartell Drug Company (Rite Aid) Rite Aid Corporation Saks Global ActivCare Living Metalco USA International Republican Institute Technoprobe America Blue Cross of Idaho Oxbo International Corporation Primo Brands Goodwill of the San Francisco Bay CVS Health Corporation Pacific Biosciences of California Right At School McDonald's Restaurant of California Legoland California Resort First Student CYH Manhattan (The Stewart Hotel) Winnebago Industries Kinkisharyo International Graphic Solutions Corsicana Mattress Company Pixelle Specialty Solutions Jones Lang LaSalle Virtex Enterprises Quickway Transportation Case Paper Co. Davis Express Mental Health Association of New York City (Vibrant Emotional Health) MemorialCare Long Beach Medical Center and Women's Hospital Long Beach Bronco Wine Company, Bivio Transport and Logistics Company Barrel Ten Quarter Circle INOAC Exterior Systems GMRI (Eddie V's) Morgan Stanley SSP America MV Transportation Chevron USA TC&Js Enterprises, franchise operator of Chick-fil-A Heartland Recreational Vehicles Fresenius Medical Care Metropolitan Animal Specialty Hospital Cayuga Home for Children (Cayuga Centers) Interstate Hotels (The Roosevelt Hotel) Cherokee Nation Management & Consulting AMT Medical (Velocity medtech) Amerant Mortgage YMCA of San Diego B&P Plastics (Advance Plastic) JP Morgan Chase Raytheon Technologies Hy-Vee Fresh Commissary Hy-Vee Chariton Shortcuts Facility Portland Facility Lutheran Services in Iowa CJ Logistics America Centene Management Company The Model Z Modular Novartis Pharmaceuticals Accelerate360 Distribution Thermo Fisher Kaiser Permanente Van's Corporate Headquarters Enterprise for Progress in the Community (EPIC) Child Care Associates Oracle America The GEO Group Downtown College Preparatory Federal Express Corporation (BTRA Facility) Smurfikt Westrock Facility (Texas) Urban Alchemy Ford, Walker, Haggerty & Behar, LLP St. Vincent's School for Boys Community Action Marin NGM Biopharmaceuticals Pride Industries Elijah House Foundation Center Point Aramark Campus, LLC at the University of Rochester Northern Air Cargo Forte Openings Solutions Chiloquin Facility ERMC Aviation Services Leidos Holdings PULAU Corporation T. Marzetti Cano Health Center for Family & Child Enrichment Building Robotics SSC Services for Education (Muncie Community Schools) Tampa Sportservice TransitAmerica Services Lignetics (Cascade Locks Facility) The Coca-Cola Company CoStar Realty Information Navajo Incorporated, Portland Facility Bunzl Distribution USA Durhan School Services-Wichita Falls Broadway Services BH Security (Brinks Home) Orchid Orthopedic Solutions What People Are SayingJames Hohman, director of fiscal policy at the Mackinac Center for Public Policy, told Newsweek: "In America now, the machinists and pharmacists earn twice what machinists do. There are twice as many drivers as metal workers, and driving pays more. Service industries in general pay more than manufacturing in America right now."The United States has been getting richer; the rich are getting richer, and the poor are getting richer. The United States has more households who are earning more over the past generation; globalization is a part of that."HR consultant Bryan Driscoll previously told Newsweek: "Workers should brace themselves, yes, not because they're underperforming, but because employers are still addicted to short-term balance sheet optics. We're watching health insurers and government agencies slash jobs while claiming they're realigning or restructuring. That's just code for cutting people to cut costs."Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, previously told Newsweek: "It's a tale of two different kinds of layoffs. Federal government entities like the Department of Health and Human Services are going through a dramatic restructuring following the arrival of a new administration, meaning some positions will either be eliminated or combined with other roles for efficiency standards."At the same time, we're also seeing health insurers scaling back their workforces. Rising medical expenses paired with those who are insured utilizing their coverage more frequently have some insurers cutting jobs to free up cash in the face of lower revenues."What Happens NextDriscoll said companies will continue to cut jobs as a way to prioritize profits, and now the U.S. government has also gotten on board.President Donald Trump announced on May 25 that he would delay imposing planned 50 percent tariffs on trade with the European Union from June 1 to July 9, following a request from European Commission President Ursula von der Leyen.