U.S. job cuts rise; employers’ hiring plans pull back in August
U.S.-based employers announced 52,881 job cuts in August, up 58% from July, per Challenger, Gray & Christmas. Layoff plans were down 38% versus the same month last year.
By Jessica CoacciU.S.-based employers announced 52,881 job cuts in August, up 58% from July. from global outplacement and executive coaching firm Challenger, Gray & Christmas.Still, layoff plans are down 38% from the same month last year."This is the quietest August since 2022…