Layoffs Spark Record-Low Employee Confidence as Trump Approval Rating Drops
This marks the third record-low reading of 2026 as layoffs continue across multiple sectors.
Employee confidence in their employers' future prospects has hit another record low, according to Glassdoor's latest Employee Confidence Index, as layoffs continue to persist across multiple sectors. This decline comes as President Donald Trump's approval ratings have also fallen to some of the weakest levels of either of his terms, with economic dissatisfaction potentially posing a significant political challenge heading into the 2026 midterm elections.
Glassdoor Chief Economist Daniel Zhao attributed the drop in employee confidence to factors such as the rapid development of AI, ongoing layoffs, policy uncertainty, and resurgent inflation, which are causing growing anxiety among workers.
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