The month of January tends to see the most layoffs across all industries. There are a few reasons why this month is so popular for companies looking to downsize and restructure their teams.A key factor is the end of the fiscal year—many companies operate on a financial year that ends when the calendar year does in December. This means that January is often when businesses evaluate budgets and make decisions about which departments or employees will need to be trimmed to meet financial goals for the upcoming year.