Browsing: Job cuts

Economy

Employers announced plans to cut 50,504 jobs in October, according to a report issued by Challenger, Gray & Christmas. October’s announced cuts were 14 percent lower than September, and 1.3 percent lower than a year ago. Year-to-date, employers have announced 543,935 cuts, 31 percent higher than the 414,591 cuts announced by this point last year

Economy

Employers announced plans to cut 58,877 jobs in September, according to a report issued by Challenger, Gray & Christmas. September’s announced cuts marked a 43 percent increase from the cuts announced in August and was the third largest of the year. More than half of September’s cuts came from the computer industry, which announced plans

Economy

Employers announced plans to cut 41,186 jobs from their payrolls in August, according to a report issued by Challenger, Gray & Christmas. August’s announced cuts were more modest than the 105,696 announced in July. Last month’s announced cuts, due to planned reductions in military staffing, marked the highest monthly total since 2011. August’s job cuts

Economy

Employers announced plans to shed 105,696 workers from their payrolls in July, according to a report issued by Challenger, Gray & Christmas. July’s announced cuts marked the highest monthly total since 2011. July’s job cuts were 125 percent higher than the planned layoffs announced in July 2014. In the first 7 months of 2015, employers