Categories Finance

US Challenger May layoffs 93.82k vs 105.44k prior

US-based employers announced 93,816 job cuts in May, down 12% from 105,441 cuts in April. That figure is also up 47% from the 63,816 job cuts announced in the same month last year. Challenger notes that “tariffs, funding cuts, consumer spending, and overall economic pessimism are putting intense…

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