Layoffs last month reached their highest October total in more than 20 years, with American companies announcing more than 153,000 job cuts — a 175% increase from October 2023, the firm Challenge, ...
Layoffs that began in tech and media are now rippling across airlines, retail, logistics, and telecom, turning 2025 into a year of sweeping corporate retrenchment. Major employers are cutting ...
Employers have cut over one million jobs so far this year, with announced layoffs surging in October to levels not seen in decades. Some experts have been warning about a possible recession. “U.S.
Washington (CNN) — Company announcements of layoffs in the United States surged in October as AI continued to disrupt the labor market. Announced job cuts last month climbed by more than 153,000, ...
Layoffs in November were lower than in October, according to consulting firm Challenger, Gray & Christmas, but were higher ...
Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from ...
Companies signal mass layoffs mostly through Worker Adjustment and Retraining Notification alerts, or WARN notices.