Layoffs reach highest since 2020, says outplacement firm Challenger, Gray and Christmas
CNBC Televisionยท2025-10-03 17:41
But year-to-day job cuts are up 55% from year ago levels, the highest since 2020. Our next guest says you usually see these numbers during recessions or period of major disruption such as the first wave of automation. Joining us now is Andy Challenger, senior vice president of outplacement firm Challenger Gray and Christmas.Andy, great to have you with us. Thanks for having me on. Um, so it sounds like if you took took a look at the numbers, you would think that we're in a recessionary environment and yet w ...