US Job Cuts Hit 15-Year High in 2024, Excluding Pandemic

By Tom Ozimek American employers announced 761,671 job cuts in 2024, a figure that marks the highest annual total in 15 years, excluding the pandemic-driven layoffs of 2020, according to a new report from outplacement firm Challenger, Gray & Christmas. The report also shows that hiring intentions have slowed to their lowest level in nearly […]