08 Jan 2025 Year-End Challenger Report: Highest Q4 Layoffs Since 2008; Lowest YTD Hiring Since 2010

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...