U.S.-based employers announced 90,309 cuts in March, up 7% from the 84,638 cuts announced in February, and virtually the same as (+0.7%) the 89,703 cuts announced in the same month last year. It is the highest monthly total since 102,943 cuts occurred in January 2023, according to a report released Thursday from global outplacement and leadership development and executive coaching firm Challenger, Gray & Christmas, Inc. In the first quarter, companies announced plans to cut 257,254 jobs, down 5% from the 270,416 cuts announced in the same quarter last year. It is up 120% from the 117,163 cuts which occurred in the ... (full story)