Job Cut Report

2016 January Job Cut Report: Monthly Announcements Surge 218% to 75,114

MONTHLY JOB CUTS SURGE 218% TO 75,114 IN JANUARY

Heavy Layoffs in Energy and Retail Drive Increase

Heavy downsizing in the retail and energy sectors pushed monthly job cut announcements to their highest level since last summer, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

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