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02 Oct September Job Cuts Fall 37% From August; YTD Total Highest Since 2020, Lowest YTD Hiring Since 2009

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

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04 Sep Pharma and Finance Lead as August 2025 Job Cuts Rise 39% to 85,979

Posted at 06:30h in The Challenger Report
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U.S. employers announced 85,979 job cuts in August 2025, up 39% from July. Pharma, finance, and retail drive layoffs amid economic uncertainty, AI restructuring, and government cuts, according to the Challenger Report....

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31 Jul Summer Lull Ends: July 2025 Job Cut Announcements Spike to 62,075, Tech, AI & Tariffs Increasingly Blamed

Posted at 06:30h in The Challenger Report
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Job cuts surged to 62,075 in July 2025, ending the summer lull. Tech, AI, tariffs, and federal budget cuts are driving major layoffs, according to the latest Challenger Report....

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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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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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09 Jan Job Cuts Rise 5.5% Over Last Year; 38,792 in December 2024

Posted at 06:30h in The Challenger Report
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Published January 9, 2025 U.S.-based employers announced 38,792 cuts in December, a 33% decrease from the 57,727 cuts announced one month prior. It is up 11% from the 34,817 cuts announced in the last month of 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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09 Sep Yahoo! Finance: Labor market data will be a ‘tipping point’ for the Fed: Andy Challenger Interview

Posted at 17:56h in News, The Challenger Report
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By Brad Smith, Host PUBLISHED September 6, 2024 Read on Yahoo! Finance Website In August, the job cut announcements experienced a significant surge of 193%, marking a notable deviation from the previous months of steady declines, as highlighted in the latest report from Challenger, Gray & Christmas. Andrew...

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