Reported about 6 hours ago
October 2025 saw the highest number of layoffs in over 20 years, with 153,074 job cuts announced by US firms, according to Challenger, Gray & Christmas. This surge in layoffs, particularly in the technology sector, comes as companies trim costs and prepare for AI integration. Year-to-date, layoffs have increased by 44% compared to the entire last year, highlighting a significant shift in the labor market amidst ongoing economic challenges.
Source: YAHOO