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05 Sep Job Cuts Announced by US-Based Companies Surge in August 2024; Hiring Falls to Lowest YTD Since Challenger Began Tracking in 2005

Posted at 06:30h in The Challenger Report
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Published September 5, 2024 U.S.-based employers announced 75,891 cuts in August, a 193% increase from the 25,885 cuts announced one month prior. It is up 1% from the 75,151 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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02 May April 2024 Job Cuts Announced by US-Based Companies Fall; More Cuts Attributed to TX DEI Law, AI in April

Posted at 06:30h in The Challenger Report
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Published May 2, 2024 U.S.-based employers announced 64,789 cuts in April, a 28% decrease from the 90,309 cuts announced one month prior. It is down 3.3% from the 66,995 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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07 Mar Job Cuts Jump in February 2024; YTD Cuts Down 8% Over Last Year 

Posted at 06:30h in The Challenger Report
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Published March 7, 2024 U.S.-based employers announced 84,638 cuts in February, up 3% from the 82,307 cuts announced one month prior. It is 9% higher than the 77,770 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement and...

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01 Feb Job Cuts Announced By US-Based Companies Surge 136% to 82,307 to Begin 2024; Financial, Tech Lead

Posted at 06:30h in The Challenger Report
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Published February 1, 2024 U.S.-based employers announced 82,307 cuts in January, a 136% increase from the 34,817 cuts announced one month prior. It is down 20% from the 102,943 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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04 Jan December 2023 Challenger Report: Job Cuts Fall To Second-Lowest Monthly Total of the Year; Job Cuts Steady As Hiring Plummets

Posted at 06:30h in The Challenger Report
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Published January 4, 2024 U.S.-based employers announced 34,817 cuts in December, down 24% from the 45,510 cuts announced in November, and the second-lowest monthly total in 2023 after the 23,697 job cuts announced in July. It is down 20% from the 43,651 cuts announced in the...

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07 Dec Job Cuts Jump in November 2023 From October; Second Time This Year Cuts Lower Than Same Month Year Ago

Posted at 06:30h in The Challenger Report
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Published December 7, 2023 U.S.-based employers announced 45,510 cuts in November, a 24% increase from the 36,836 cuts announced one month prior. It is 41% lower than the 76,835 cuts announced in the same month in 2022, and marks the first time cuts were lower than...

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02 Nov October 2023 Job Cuts Fall to Second-Lowest Point of the Year; YTD Cuts up 164%, Hiring Down 46% YOY

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Published November 2, 2023 U.S.-based employers announced 36,836 cuts in October, a 22% decrease from the 47,457 cuts announced one month prior. It is 9% higher than the 33,843 cuts announced in the same month last year, according to a report released Thursday from global outplacement...

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31 Aug Job Cut Announcements Jump in August 2023; YTD up 210%

Posted at 06:30h in The Challenger Report
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Published August 31, 2023 U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...

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03 Aug Job Cuts Fall to Lowest Point in 11 Months in July 2023; YTD Cuts up 203%, Hiring Down 83% YOY

Posted at 06:30h in The Challenger Report
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Published August 3, 2023 U.S.-based employers announced 23,697 cuts in July a 42% decrease from the 40,709 cuts announced one month prior. It is 8% lower than the 25,810 cuts announced in the same month last year, and marks the first time this year cuts were...

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06 Jul Job Cuts Drop 49% in June 2023, Lowest Total Since October 2022; Is the Tech Purge Over?

Posted at 06:30h in The Challenger Report
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Published July 6, 2023 U.S.-based employers announced 40,709 cuts in June, down 49% from the 80,089 cuts announced in May. It is up 25% from the 32,517 announced in the same month one year prior, according to a report released Thursday from global outplacement and business...

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