24/7 Wall Street – by Paul Ausick
Outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for October, showing that a total of 50,275 planned U.S. job cuts were announced in the month, an increase of 21% compared with announced September cuts. However, compared with cuts announced in October 2018, this year’s total is 33.5% lower and marks two consecutive months in which the totals were lower than the year-ago month. Monthly totals were higher in the other eight months of this year. Continue reading “2019 Job Losses at 4-Year High as Tech, Retail Chop More Workers”
