Layoffs so far in 2025 highest since 2020: Research

Dec 4, 2025 - 16:00
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Layoffs so far in 2025 highest since 2020: Research
U.S.-based employers have cut more than 1.17 million jobs so far in 2025, the highest level since the first year of the COVID-19 pandemic, according to a new report from outplacement firm Challenger, Gray and Christmas. From January to November of this year, employers cut 1,170,821 jobs, a 54 percent increase from the 761,358 jobs cut during…