April 2013

2013 March Job Cut Report: Employers Announce 49,255 Job Cuts

The nation’s employers reported job cuts totaling 49,255 in March, a decline of 11 percent from the 55,356 cuts announced in February, according to the latest report on downsizing activity released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. Despite the decline, quarterly job cuts reached their highest level since 2011.

Download the full report.