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,...
Published October 31, 2024 U.S.-based employers announced 55,597 cuts in October, down 23.7% from the 72,821 cuts announced one month prior. It is 51% higher than the 36,836 cuts announced in the same month in 2023, according to a report released Wednesday from global outplacement and...
