US Posts Most October Layoffs in More Than 20 Years
Youtube·2025-11-06 19:08
Normally out at 7:30, Challenger released these early because why not start everybody's day off in a bad mood here. Hundred and 53,074 job cuts announced for October the highest since 2003 for the month and it's a 183% increase from September hundred 75% over the last year. For 2025, we're up 65% in terms of job cuts over 2024.It's the most year to date cuts since COVID in June excuse me, 2020, which of course screws up all the graphs. But the monthly cuts are extremely high, and a high is one of the main r ...