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The latest Challenger report indicates that firms primarily cited market and economic conditions, along with business closings, as the main drivers for layoffs in September.
Ex-government sector layoffs reached 550,185 year-to-date in September 2026, compared with the same period of 2025.
US CHALLENGER: LAYOFFS 573,195 IN SEPT. 2026 YEAR TO DATE, -39% FROM SAME PERIOD OF 2025
US CHALLENGER: LAYOFFS 43,281 IN SEPT., -20% FROM SEPT. 2025; -18% FROM AUG
US Challenger Layoffs Actual 43.281k (Forecast -, Previous 52.881k)
Main U.S. indexes finished the week higher, with tech leading sector gains and energy lagging. U.S. crude fell more than 2%, the dollar and bitcoin dipped, and the 10-year Treasury yield hit a 19-year high before easing.
US Challenger Layoffs
US Challenger: firms cite restructuring and market/economic conditions for Aug layoffs; AI is not the top reason for the first month since Feb.
US CHALLENGER: CONSUMER PRODUCTS, FOOD PRODUCERS, TECHNOLOGY ACCOUNT FOR MOST LAYOFFS IN AUG.
Challenger layoffs reported 529,914 in Aug 2026 year to date, -41% from the same period of 2025.
US Challenger reported layoffs at 52.881k. Previous was 33.429k; no forecast was provided.
Nvidia CEO Jensen Huang told Fox Business he disagrees with Bill Gates’ warning that artificial intelligence will permanently wipe out jobs, saying AI will be a net job creator at a scale never seen.
US Challenger Layoffs
US job cuts increase to 33,429 in July
Layoffs decrease, hiring increases in the US
US layoffs decrease to 33,429
US reports Challenger layoffs
US Challenger Layoffs Actual 45.849k (Forecast -, Previous 97.006k)
US Challenger Layoffs
The US is reporting Challenger layoffs.