U.S.-based employers announced 34,817 cuts in December, down 24% from the 45,510 cuts announced in November, and the second-lowest monthly total in 2023 after the 23,697 job cuts announced in July. It is down 20% from the 43,651 cuts announced in the same month one year prior, according to a report released Thursday from global outplacement and leadership development and executive coaching firm Challenger, Gray & Christmas, Inc. In the fourth quarter, companies announced plans to cut 117,163 jobs, down 20% from the 146,305 cuts announced in the third quarter of the year. It is down 24% from the 154,329 cuts which ... (full story)