October 2015 US Challenger layoffs 50,504 vs 58,877 prior

Details of the October 2015 US Challenger layoffs data report 5 November 2015

  • Cuts -1.3% vs +93.2% prior y/y
  • HP have the bulk of expected cuts with around 30k
  • Oil prices took the blame for 13.7k of layoffs
  • Oct hiring intentions were 86k vs 492k in Sep

They've also brought out the announced seasonal hiring plans with retailers and shippers topping the charts

Seasonal hiring

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