Tech Cuts

2016 June Job Cuts: 38,536 in June Contribute to 313,754 Total Cuts This Year

Employers announced plans to cut payrolls by 38,536 jobs in June, an increase from May, but still well below the 12-month average and indicative of a positive employment environment, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.
The June job-cut total is 28 percent higher than May, when planned layoffs fell to a five-month low of 30,157.

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