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02 Jul Summer Lull in June 2025 as Companies Announce Virtually the Same Number of Cuts as Last Year; Highest Q2, YTD Cuts Since 2020

Posted at 06:30h in The Challenger Report
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U.S. companies announced 47,999 job cuts in June 2025, nearly matching last year’s total. Q2 layoffs reached the highest level since 2020, with Retail, Tech, and Government leading....

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05 Jun May 2025 Job Cuts Up 47% Over Same Month Last Year; Cuts Spread to Other Sectors Than Gov’t for Other Reasons Than DOGE

Posted at 06:30h in Featured, The Challenger Report
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 Published June 5, 2025U.S.-based employers announced 93,816 job cuts in May, down 12% from 105,441 cuts in April, and up 47% from 63,816 announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm...

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01 May April 2025 Job Cuts Plunge, But DOGE Drives 2025 Layoffs to Pandemic-Era Highs

Posted at 06:30h in The Challenger Report
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Published May 1, 2025U.S.-based employers announced 105,441 cuts in April, down 62% from the 275,240 job cuts in March. It is up 63% from the 64,789 cuts announced in the same month last year, according to a report released Thursday from global outplacement and executive...

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03 Apr Federal Cuts Dominate March 2025 Total: 275,240 Announced Job Cuts, 216,670 from DOGE Actions

Posted at 06:30h in The Challenger Report
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Published April 3, 2025 U.S.-based employers announced 275,240 job cuts in March, a 60% increase from the 172,017 cuts announced one month prior. It is up 205% from the 90,309 cuts announced in the same month in 2024, which was the highest monthly total recorded last...

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06 Mar February 2025 Job Cuts Surge on DOGE Actions, Retail Woes; Highest Monthly Total Since July 2020

Posted at 06:30h in The Challenger Report
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Published March 6, 2025 U.S.-based employers announced 172,017 job cuts in February, the highest total for the month since 2009 when 186,350 job cuts were recorded. It is the highest monthly total since July 2020 when 262,649 cuts were announced, according to a report released Thursday...

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06 Feb January 2025 Job Cuts Announced by US-Based Companies Rise 28% to 49,795, Down 40% from January 2024

Posted at 06:30h in The Challenger Report
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Published February 6, 2025 U.S.-based employers announced 49,795 cuts in January, up 28% from the 38,792 announced one month prior. It is down 40% from the 82,307 cuts announced in January 2024, according to a report released Thursday from global outplacement and business and executive coaching...

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05 Dec November 2024 Job Cuts Rise: Auto and Tech Industries Lead Amid Economic Pressures

Posted at 06:30h in The Challenger Report
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Published December 5, 2024 U.S.-based employers announced 57,727 cuts in November, a 3.8% increase from the 55,597 cuts announced one month prior. It is up 26.8% from the 45,510 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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31 Oct Job Cuts Fall in October 2024, But YTD Up 4% from Last Year

Posted at 06:30h in The Challenger Report
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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...

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03 Oct Job Cuts Flat in September 2024 from August; YTD Surpasses 2023

Posted at 06:30h in The Challenger Report
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Published October 3, 2024 U.S.-based employers announced 72,821 cuts in September, a 4% decrease from the 75,891 cuts announced one month prior. It is up 53% from the 47,457 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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12 Sep New York Times Coverage with SVP Andy Challenger

Posted at 16:26h in News
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By Ben Casselman Published September 12, 2024 Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later. ...

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