Job Cut Report

2016 April Job Cut Report: Job Cuts Jump to 65K

The pace of downsizing increased in April, as US-based employers announced workforce reductions totaling 65,141 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

The April figure represents a 35 percent increase over March, when employers announced 48,207 planned layoffs. Last month’s job cuts were 5.8 percent higher than the 61,582 recorded in April 2015.

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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