U.S.-based employers announced 43,994 job cuts in October, the lowest total for the month since 2023, according to a report released Thursday, Nov. 5, by outplacement firm Challenger, Gray & Christmas.
U.S.-based employers announced 43,281 job cuts in September, down 18% from August and 20% from a year earlier, Challenger, Gray & Christmas said. Technology cuts rose 77% from August, and announced seasonal hiring was the weakest for a September since 2011.
