Challenger reports 153,074 October job cuts, up 175% year over year and 183% month over month. YTD cuts reached 1,099,500, up 65% from 2024 YTD and already 44% above full-year 2024. Warehousing led October with 47,878 cuts; Technology had 33,281. Top October reasons were cost-cutting, AI, and market conditions. Hiring plans total 488,077 YTD, down 35%, including 372,520 seasonal roles.