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Challenger reports 153,074 october job cuts, up 175% year over year and 183% month over month 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. Warehousing led october with 47,878 cuts
Hiring plans total 488,077 ytd, down 35%, including 372,520 seasonal roles. For the year through october, the. Soared last month to more than 153,000, marking the worst october for job reductions in 22 years, according to outplacement firm challenger, gray & christmas.
Announced job cuts last month climbed by more than 153,000, according to a report by challenger, gray & christmas released thursday, up 175% from the same month a year earlier and the highest.
Employers announced 153,074 cuts last month, the highest total for october since 2003, according to challenger, gray & christmas. October job cuts are the highest for the month since 2003, according to a thursday report from analyst challenger, gray and christmas Employers’ job cuts totaled 153,074 for the month of oc… October was an especially miserable time for both employees and job seekers
New data from outplacement firm challenger, gray & christmas shows that last month saw 153,074 job cuts, the highest. The challenger reports the highest level of layoffs coming from the technology sector amid a time of restructuring due to ai integration Companies in the sector announced 33,281 cuts, nearly six.
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