September Job Cuts Fall 37% From August; YTD Total Highest Since 2020, Lowest YTD Hiring Since 2009 | Challenger, Gray & Christmas, Inc. | Outplacement & Car...
Job cuts slowed in September, with 54,064 announced—down 37% from August and 26% from last year. Yet year-to-date cuts reached 946,426, the highest since 2020 and the fifth-highest in Challenger’s 36 years of tracking. Hiring plans are the weakest since 2009, reflecting cautious seasonal announcements. Government and Tech remain key drivers of workforce reductions, with AI reshaping roles and demand. Full breakdown by industry, region, and reason in our September report.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
