U.S. employers announced 85,979 job cuts in August 2025, up 39% from July. Pharma, finance, and retail drive layoffs amid economic uncertainty, AI restructuring, and government cuts, according to the Challenger Report. The post Pharma and Finance Lead as August 2025 Job Cuts Rise 39% to 85,979 appeared first on Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Services.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
Job cuts surged to 62,075 in July 2025, ending the summer lull. Tech, AI, tariffs, and federal budget cuts are driving major layoffs, according to the latest Challenger Report. The post Summer Lull Ends: July 2025 Job Cut Announcements Spike to 62,075, Tech, AI & Tariffs Increasingly Blamed appeared first on Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Services.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
U.S. employers announced 47,999 job cuts in June, down 49% from May but nearly flat vs. last year. Q2 cuts hit 247,256 — the highest since the pandemic peak in 2020. Retail, Tech, and Government sectors are most affected. Read the full Challenger report.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
U.S. employers announced 93,816 job cuts in May—down 12% from April but up 47% YOY — as layoffs broaden beyond government roles tied to DOGE to include service, retail, tech, and NFP sectors amid rising economic pressure, reduced spending, and funding shortfalls.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
In December, U.S.-based companies announced 38,792 job cuts, a 33% decrease from the previous month but up 11% from the prior year, indicating the ongoing changes and challenges faced by various industries under evolving economic and technological conditions, as reported by Challenger, Gray & Christmas, Inc.| Challenger, Gray & Christmas, Inc.
In November 2024, U.S.-based employers announced an increase in job cuts compared to the previous month and the same period last year. These job cuts have contributed to a 5.2% increase from 2023, while hiring plans among U.S. employers have decreased by 2% compared to the previous year, reaching the lowest level since 2015.| Challenger, Gray & Christmas, Inc.
In July 2024, U.S.-based employers announced 25,885 job cuts, marking a 47% decrease from the previous month, while hiring fell to the lowest year-to-date level since 2012, with only 3,676 hiring plans announced.| Challenger, Gray & Christmas, Inc.
The latest Challenger Report shows US companies announced 48,786 cuts in June 2024, down 23.6% from May 2024. Find out what industries are hit hardest and more Challenger analysis.| Challenger, Gray & Christmas, Inc.
The April Challenger Report shows U.S.-based employers announced 64,789 cuts, a 28% decrease from March. The total layoff numbers are down 4.6% from April 2023 with auto, education, and healthcare/products sectors cutting the most jobs.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
Discover the latest trends in the job market with the Challenger Report. In March, U.S. employers announced 90,309 job cuts, the highest monthly total since January 2023. Find out which industries are leading the way in layoffs and job reductions.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
November 2023 Challenger Report: US companies have announced plans to cut more than 686K jobs, a 115% increase from the same period last year. It is the highest Jan-Nov total since 2020.| Challenger, Gray & Christmas, Inc.
