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2017 September Job Cut Report: Cuts Down 26 Percent From Last Year
Job cuts announced by U.S.-based employers fell 4.4 percent, from 33,825 in August to 32,346 in September. Last month’s total was 27 percent lower than the 44,324 job cuts announced in the same month last year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. September job cuts bring the third quarter total to 94,478, 6.2 percent lower than the 100,799 cuts in the second quarter of this year, and 22.5 percent lower than the 121,858 cuts announced in the third quarter of last year. The quarterly total is the lowest it’s been since the ... (full story)