U.S.-based employers announced 82,307 cuts in January, a 136% increase from the 34,817 cuts announced one month prior. It is down 20% from the 102,943 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. With the exception of last January’s total, this is the highest number of job cuts announced in January since January 2009, when 241,749 cuts were announced in the first month of that year. “Waves of layoff announcements hit US-based companies in January after a quiet fourth quarter. As ... (full story)