Layoff Announcements Top 1.1 Million, Most Since 2020 Pandemic

Layoff announcements top 1.1 million, most since 2020 pandemic

Employers haven't announced this many layoffs in the first 11 months of a year since 2020.

Mass Layoffs Surge to Highest Level Since 2020

Source: Dobrila Vignjevic / Getty Layoff announcements decreased from October to November, yet the overall number of job cuts so far in 2025 has climbed to its highest point since the widespread pandemic layoffs of 2020, according to new data from Challenger, Gray & Christmas. The firm reported that U.S. employers disclosed 71,321 layoffs in November, a 53% drop from the 153,074 cuts announced in October. However, November’s total was still 24% …

Layoffs in US rise in November less than October but remain at historically high levels

The Corner Bankinter | Layoffs increased in November by 23.5% year-on-year to 71,321 (versus 48% and 85,436 expected) according to Challenger. Layoffs eased compared to October levels of 153,074, but remain at historically high levels. Since 2008, only in November 2022 had layoffs exceeded 70,000 in a single month. For the year as a whole, layoffs are up 62% on 2024 levels. The sectors most affected in November were telecommunications (21%) and.…