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Planned layoffs have quadrupled so far this year in the US

Layoffs reach 417,500 through May

Bloomberg NewsbyBloomberg News
June 1, 2023
in Banking
Reading Time: 2 mins read
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US companies have announced more job cuts this year than during all of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc. Planned layoffs reached about 417,500 jobs through May, more than four times the job cuts during the same period last year, Challenger said in a report. Excluding the start of 2020, when […]

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