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US Job Cuts Rise 5.5% Over Last Year; 38,792 in December 2024
U.S.-based employers announced 38,792 cuts in December, a 33% decrease from the 57,727 cuts announced one month prior. It is up 11% from the 34,817 cuts announced in the last month of 2023, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. In the final quarter of the year, companies announced plans to cut 152,116 jobs, down 13% from the 174,597 cuts announced in the third quarter of this year. It is up 30% from the 117,163 cuts announced in the same quarter of 2023. In 2024, employers announced 761,358 job cuts, up 5.5% from ... (full story)
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- Posted: Jan 9, 2025 7:34am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 4,690
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