Employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Nov. 6. Firms have pointed to a myriad of causes ...

Layoffs last month reached their highest October total in more than 20 years, with American companies announcing more than 153,000 job cuts — a 175% increase from October 2023, the firm Challenge, ...

US employers announced 71,321 layoffs last month, according to a Thursday report from the global outplacement firm Challenger, Gray & Christmas. The cuts were up 24% from the nearly 58,000 planned ...

Washington (CNN) — Company announcements of layoffs in the United States surged in October as AI continued to disrupt the labor market. Announced job cuts last month climbed by more than 153,000, ...

Employers have cut over one million jobs so far this year, with announced layoffs surging in October to levels not seen in decades. Some experts have been warning about a possible recession. “U.S.

U.S. employers ramped up layoffs in October to the highest level for the month in 22 years as companies looked to cut costs and adopt artificial intelligence (AI). A report from the global ...

Companies signal mass layoffs mostly through Worker Adjustment and Retraining Notification alerts, or WARN notices.