Us Breaking News Us Announced Job Cuts Surge 245 In February On Federal Government Layoffs
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Job cuts surge in worst October layoffs in 22 years. Here's why
Employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, Challenger, Gray & Christmas said. Read More
US layoffs for October surge to two-decade high, Challenger data shows
U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as industries ... Read More
October monthly job cuts surged to a 22-year high
Nearly 1.1 million job cuts have been announced so far this year, the most since 2020 according to the research firm Challenger, Gray & Christmas. Read More
US employers hit two-decade high in October job cuts
A new report attributed the rising trend to employers' cost-cutting efforts and adoption of artificial intelligence. Read More
Companies announce most October job cuts in over 20 years as AI reshapes industries
Companies announced the most October job cuts in over 20 years—153,074 positions—as AI adoption and cost-cutting accelerate across industries. Tech and warehouse sectors led layoffs, with Amazon, ... Read More
The Fed cuts interest rates again as concerns grow about the job market
The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more concerned about the job market than it is with battling inflation. Read More
US judge extends block on Trump's mass layoffs during shutdown
A federal judge on Tuesday extended a block that prevents President Donald Trump's administration from laying off thousands of federal employees amid a nearly month-long partial government shutdown. Read More
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