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09 Mar Job Cuts Hit 77,770 In February 2023; Highest YTD Since 2009

Posted at 06:30h in The Challenger Report
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Published March 9, 2023 In the shortest month of the year, U.S.-based employers announced 77,770 job cuts in February, down a 24% from the 102,943 cuts announced in January. It is 410% higher than the 15,245 cuts announced in the same month last year, according to...

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02 Feb Jan ’23 Recession or Correction? Highest January Since 2009, Highest Monthly Total Since September 2020

Posted at 06:30h in The Challenger Report
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Published February 2, 2023 U.S.-based employers announced 102,943 cuts in January, a 136% increase from the 43,651 cuts announced in December. It is 440% higher than the 19,064 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...

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05 Jan Dec 2022 Challenger Report: Job Cuts in 2022 Up 13% Over 2021

Posted at 06:30h in The Challenger Report
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Published January 5, 2023 U.S.-based employers announced 43,651 cuts in December, falling 43% from the 76,835 announced in November. It is up 129% from the 19,052 cuts announced in the same month in 2021, according to a report released Thursday from global outplacement and business and...

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01 Dec November 2022: Job Cuts Soar 127% As Tech Drains Jobs; Highest Monthly Total Since Jan. 2021

Posted at 06:30h in The Challenger Report
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Published December 1, 2022 U.S.-based employers announced 76,835 cuts in November, a 127% increase from the 33,843 cuts announced in October. It is 417% higher than the 14,875 cuts announced in the same month last year, according to a report released Thursday from global outplacement...

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03 Nov October 2022 Job Cuts Report: Numbers Highest Since February 2021

Posted at 06:30h in The Challenger Report
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Published November 3, 2022 U.S.-based employers announced 33,843 job cuts in October a 13% increase from the 29,989 cuts in September. It is 48% higher than the 22,822 cuts announced in the same month last year, according to a report released Thursday from global outplacement and...

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06 Oct Job Cuts Surge 46% In September 2022, Up 68% From Same Month Last Year; Sept. Hiring Falls To Lowest Level Since 2011

Posted at 06:30h in The Challenger Report
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Published October 6, 2022 Job Cuts Surge 46% In September, Up 68% From Same Month Last Year U.S.-based employers announced 29,989 cuts in September, a 46.4% increase from the 20,485 cuts announced in August. It is 67.6% higher than the 17,898 cuts announced in the same month...

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01 Sep Aug-22 Job Cuts Report: Labor Market Data Remains Strong. Job Cuts Fall 21% In August From July, Up 30% From August 2021 

Posted at 06:30h in The Challenger Report
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PUBLISHED September 1, 2022 Job Cuts Fall 21% In August From July, Up 30% From August 2021  U.S.-based employers announced 20,485 cuts in August, a 21% decrease from the 25,810 cuts announced one month prior. It is 30% higher than the 15,723 cuts announced in the same...

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04 Aug Calm Before the Storm or Soft Landing? Job Cuts Dip 21% in July 2022 from June, Up 36% from July 2021

Posted at 06:30h in The Challenger Report
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Published August 4, 2022 July Job Cuts Fall 21% From June, Up 36% from July 2021; Hiring Announcements Lowest Since November 2021 U.S.-based employers announced 25,810 cuts in July, a 20.6% decrease from the 32,517 cuts announced in June. It is 36.3% higher than the 18,942 cuts...

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07 Jul Job Cuts Surge in June 2022, Up 57% From May, 59% From June 2021; Highest Quarterly Total Since Q1 2021

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PUBLISHED July 7, 2022 Job Cuts Surge Up 57% From May 2022, 59% From June 2021 U.S.-based employers announced 32,517 cuts in June, a 58.8% increase from the 20,476 cuts announced in the same month last year. It is 57% higher than the 20,712 cuts announced in...

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05 May April 2022 Job Cuts Rise For Second Consecutive Month; Announced Cuts Up 14% To 24,286

Posted at 06:30h in Challenger COVID Coverage, The Challenger Report
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Challenger April 2022 Job Cuts Report Published May 5, 2022 U.S.-based employers announced 24,286 cuts in April, a 14% increase from the 21,387 announced in March and up 6% from the 22,913 cuts announced in April 2021. It is the first time this year job cuts were...

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