US January Challenger layoffs 49.79k vs 38.79k prior

  • Latest data released by Challenger, Gray & Christmas, Inc. - 6 February 2025
  • Prior 38.79k

January tends to be a month that sees a notable jump in layoffs but not quite this year. The total job cuts for last month were 49,795 and that is considerably lower than the 82,307 job cuts in January 2024. The key figure to watch in the year as a whole will be 761,358, which is the total number of layoffs for 2024.

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