US EditionUS layoff announcements top 1.1 million in 2025, the most since 2020 pandemic, Challenger says
Layoffs rose 54% from last year, driven by AI advances, corporate restructuring, tariffs and the Department of Government Efficiency cuts, totaling 1.17 million jobs lost through November.
- Through November, Challenger, Gray & Christmas reported U.S. employers announced 1.17 million job cuts in 2025, the highest since 2020, up 54% from last year.
- Challenger said the surge was driven by corporate restructuring, business or unit closings, and market or economic conditions, which caused 245,086 layoffs last month.
- For November, Challenger said layoff plans totaled 71,321, down from October but up 24% year-over-year, with Verizon announcing more than 13,000 cuts and ADP reporting 32,000 private-sector losses.
- Employers have scaled back hiring, with planned hires down about 35% to 497,151 and seasonal hiring also down 35% through November.
- AI advances accounted for about 54,690 layoffs this year, and Challenger, Gray & Christmas flagged DOGE-related impacts and tariffs as additional drivers.
37 Articles
37 Articles
In Fox's bizarro world, huge layoffs mean 'good news’ for Trump
Following a report that showed a spike in layoff announcements, a Fox Business reporter said it could be “good news” for President Donald Trump. The consulting firm Challenger, Gray & Christmas released a report on Thursday, revealing that companies have announced 1.17 million layoffs in 2025, the most in a single year since the height of the COVID-19 pandemic in 2020. For about 8,000 of those layoffs, Trump’s tariffs have been cited as the reas…
Fox Business
The New York LedgerUS layoffs soar past 1.1M in 2025, highest level since the pandemic
Layoffs announced by employers declined on a monthly basis in November but still pushed the 2025 total to the highest level since the wave of pandemic-induced layoffs in 2020, new data from Challenger, Gray & Christmas shows.The report found that U.S. employers announced 71,321 layoffs in November — down 53% from the 153,074 cuts announced in October. Layoffs in the month of November were up 24% from the 57,727 cuts announced in that month last …
Fox host admits layoffs under Trump at highest point in decades
Layoffs in the United States have surpassed 1.1 million in 2025, according to a new report. And even one Fox Business host who is typically in President Donald Trump's corner is taking notice of the dire economic picture heading into 2026.During a Thursday segment on Fox Business, Maria Bartiromo – who Trump was reportedly considering naming as his running mate in 2024 — read the details of the report aloud on her show, and remarked to panelist …
The Tennessean
US job cuts down 54% in November, but 'forever layoffs' worry workers
Layoffs in November were lower than in October, according to consulting firm Challenger, Gray & Christmas, but were higher than in November 2024.
Layoffs top one million this year as job market continues to weaken
Layoff concerns are growing as new data shows job cuts surpassed 1 million this year, according to consulting firm Challenger, Gray & Christmas. It marks the highest level of layoffs in the U.S. since the pandemic battered the economy in 2020. And while nearly half a million Americans have picked up seasonal jobs, researchers note that season hiring is down 35% from last year. More than 1.17 million layoffs so far On the same day, payroll proces…
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