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Cost Cutting Hits Jobs. October Layoffs Surge to Highest Level in 20 Years

AI-driven layoffs are on the rise, with technology leading in job cuts. Find out more about this evolving employment landscape.

U.S.-based employers announced 153,074 job cuts in October, up 175% from the 55,597 cuts announced in October 2024. It is up 183% from the 54,064 job cuts announced one month prior, according to a report released Thursday from global outplacement and… [1480 chars]

Source: Activist Post | Published: 2025-11-13T13:00:00Z

Credit: Activist Post

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