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US April Challenger layoffs 105.44k vs 275.24k prior

US April Challenger layoffs 105.44k vs 275.24k prior

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By Justin Low
01/05/2025 | 11:30 GMT
  • Latest data released by Challenger, Gray & Christmas, Inc. - 1 May 2025

The 105,441 job cuts last month is 63% higher compared to the same month last year. That brings the year-to-date total to 602,493 layoffs now, which is the highest since 2020. For some context, the figure is some 87% higher compared to the first four months of 2024. It once again underscores the impact of the DOGE layoffs, with 281,452 of those job cuts being directly attributed to that.

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