Challenger: 2025 layoffs hit 1M highest since pandemic
Donald Trump
Dec. 4 (UPI) -- Consulting firm Challenger, Gray and Christmas said Thursday that U.S. job cuts bumped past the 1 million threshold for 2025 in November. Chicago-headquartered Challenger indicated that corporate restructuring acts , artificial intelligence and U.S. President Donald Trump 's tariffs have largely driven down job rolls. For November, Challenger further stated layoff plans accounted for 71,321 jobs. It was a slight downgrade from the significant job cut in October, but still pushed
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