From January through October of 2025, employers have made more than 1 million job cuts, according to the firm. That’s 44% ...
Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in 22 years, a report from Challenger, ...
NEW YORK (AP) — It’s a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. That’s caused many to limit new ...
Challenger, Gray, & Christmas see a jobs market hindered by softening consumer and corporate spending. The U.S. government shutdown has halted the official jobs report, although alternative data show ...
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The ‘no-hire, no-fire’ job market may have ended, as Amazon, UPS make bold layoff moves
Analysts have called it the “no-hire, no-fire” economy. But the thousands of job cuts announced by Amazon.com Inc. and United Parcel Service Inc. on Tuesday may suggest that the U.S. job market’s ...
U.S.-based employers reported 153,074 job cuts in October, up 183% from September and 175% from October 2024, Challenger, Gray, & Christmas said on Thursday. For the year through October, the number ...
The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be in the works Amazon on Tuesday said it would cut around 14,000 corporate ...
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