Employers announced 35,553 layoffs in December in the lowest monthly total since July 2024, despite sweeping job cuts in the fourth quarter, according to a Thursday report from the global outplacement firm Challenger, Gray & Christmas. “The year closed with the fewest announced layoff plans all year,” Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas, said in the report. “While December is typically slow, this coupled with higher hiring plans, is a positive sign ...

Hiring Trends - US employers reduced hiring plans in September [1] - Fewer job cuts were announced by US employers in September [1] Data Source - Data is from outplacement firm Challenger, Gray & Christmas [1]