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Layoffs just topped 1.1 million this year, the most since 2020 pandemic
U.S. companies announced 1.17 million job cuts through November 2025, marking the steepest layoff tally since the COVID-19 crisis ravaged the workforce in 2020. This figure, tracked by outplacement firm Challenger, Gray & Christmas, reflects a 54% jump from the prior year’s same period, signaling deepening labor market strains amid restructuring and technological shifts. The […]