Job cut announcements in January increased to its highest level in 10 months as employers in the financial and technology sectors launched restructuring efforts, a report released Thursday showed.
Announced layoffs reached 82,307 in January, a 136% surge from December’s 34,817, according to data released by outplacement firm Challenger, Gray & Christmas, which helps companies with the offboarding process for employees. It was the highest monthly total since March 2023.
https://www.reuters.com/markets/us/us-job-cuts-more-than-double-january-report-2024-02-01/