Layoffs soared in October to their highest for the month in 22 years, report says

Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.

October monthly job cuts surged to a 22-year high

U.S.-based companies announced more than 153,000 job cuts in October. So far this year, nearly 1.1 million job cuts have been announced, the most since 2020.
Feedback