U.S.-based employers experienced more than 1.17 million job cuts so far in 2025, the highest level since the first year of the COVID-19 pandemic, according to a new report from outplacement firm Challenger, Gray and Christmas. From January to November of this year, employers cut 1,170,821 jobs, a 54 percent increase from the 761,358 jobs cut during… Read More
Layoffs so far in 2025 highest since 2020: Research from the Hill Sarah Fortinsky