US Job Cuts Soar to 1 Million in October, Highest Since 2003
Job cuts in the United States have reached an all-time high of 1 million through October, according to a report by global outplacement firm Challenger. The number of job cuts announced in October alone was 153,074, a 175% increase from last year and a record high since 2003. Industry leaders cited cost-cutting measures and the … Read more