Layoff announcements top 1.1 million in 2025, the most since 2020 pandemic, Challenger says
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Layoff announcements top 1.1 million in 2025, the most since 2020 pandemic, Challenger says
Layoff plans totaled 71,321 in November, a step down from the massive cuts announced in October but still enough to bring the 2025 total up to 1.17 million, according to Challenger, Gray & Christmas. That's up 54% from the same 11-month period a year ago and the highest level since 2020, when the Covid pandemic rocked the global economy, adding ...
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