Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
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 more than 20 years, a report from ...
October’s pace of job cutting was much higher than average for the month," Challenger, Gray & Christmas' Andy Challenger said ...
The US saw its most job cuts in an October in 22 years, as companies increase automation, the nation's labor market weakens, ...
US employers cut 153,074 jobs in October, a 175% increase from a year ago, according to a new report from Challenger, Gray & ...
Employers announced over 153,000 job cuts last month, marking the worst October for layoff announcements in 22 years.
Company announcements of layoffs in the United States surged in October as AI continued to disrupt the labor market.
Roles that are seen as pathways for young workers in white-collar jobs are in “substantial” decline, the Stanford report ...