05 Feb Challenger Report: January Job Cuts Surge; Lowest January Hiring on Record
Layoff plans by US-based employers surged in January. Meanwhile, employers announced the lowest number of new hires for January on record. ...
Layoff plans by US-based employers surged in January. Meanwhile, employers announced the lowest number of new hires for January on record. ...
Layoff plans by US-based employers soared in 2025 led primarily by the Federal Government and Technology. Meanwhile, employers announced the lowest number of new hires since 2010. December saw the fewest layoff plans in 17-months, and December's hiring plans were the highest for the month...
Challenger reports 71,321 November, up 24% from the 57,727 job cuts announced in the same month last year. It is down 53% from the 153,074 cuts announced one month prior....
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,...
U.S. employers announced 54,064 job cuts in September, a 37% decline from August and down 26% from last year. Still, 2025 YTD cuts reached 946,426, the highest since 2020. Hiring plans are the weakest since 2009....