Layoffs in January reach recession-era levels

It's the first week of February, and most Americans have recovered from the holiday hangover and stopped mistakenly writing the year 2025 in dates. While we are ready to turn the page on a rollercoaster 2025 and move on to 2026, some of the negative economic trends from last year appear to be spilling over into the new year. U.S.-based employers announced 71,321 job cuts in November, according to outplacement consultancy firm Challenger, Gray, & Christmas. The number for November 2025 was 24% higher th ...