January layoffs hit highest level since 2009 as monthly job cuts surge

U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows.Global outplacement and executive coaching firm Challenger, Gray & Christmas found that employers announced 108,435 job cuts in January – an increase from the 49,795 cuts announced in the same month last year. Job cuts increased 205% from December, when there were 35,553 layoffs announced.This January saw the most layoffs for the month since 2009, when 241,749 cuts were announced. It wa ...