AI, Cost-Cutting, and the Worst October for Layoffs in 22 Years
U.S. employers announced 153,074 job cuts in October 2025, the highest October total in more than two decades and nearly triple the number recorded last year. According to Challenger, Gray & Christmas, this brings the year-to-date total to more than 1.1 million layoffs, making 2025 the most severe year for job loss since the pandemic.…
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