Layoffs in October hit highest level for month in 22 years as companies cite cost-cutting, AI

foxbusiness.com/economy/layoffs-october-hit-highest-level-month-22-years-companies-cite-cost-cutting-ai

U.S. employers ramped up layoffs in October to the highest level for the month in 22 years as companies looked to cut costs and adopt artificial intelligence (AI).
A report from the global outplacement firm Challenger, Gray & Christmas found that employers cut 153,074 jobs in October, an…

This story appeared on foxbusiness.com, 2025-11-06 18:15:34.
The Entire Business World on a Single Page. Free to Use →