Friday, November 07, 2025

Job Cuts in October Hit Highest Level for the Month in 22 Years

Job cuts for October totaled 153,074, a 183% surge from September and 175% higher than the same month a year ago. It was the highest level for any October since 2003 and has been the worst year for layoffs since 2009.

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CNBC: "Announced corporate job cuts surging past 1 million so far this year, with 153,000 new layoffs just in October according to Challenger. That is the worst October since 2003."

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-- Aaron Rupar (@atrupar.com) Nov 6, 2025 at 7:57 AM

Comments

"Yer doin' a heck of a job, Donnie" (/sarcasm)

#1 | Posted by AMERICANUNITY at 2025-11-06 08:54 AM

Everything Ped47 touches...dies.

#2 | Posted by Nixon at 2025-11-06 10:10 AM

The brain dead------------------- excels at decimating the economy.

#3 | Posted by reinheitsgebot at 2025-11-06 11:33 AM

Why aren't the MAGA filth on this site touting pedo 47's golden age?

#4 | Posted by reinheitsgebot at 2025-11-06 01:15 PM

... Job cuts for October totaled 153,074 ...

That's announced job cuts, not actual job cuts.

From the cited article ...

... Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor market, according to out placement firm Challenger, Gray & Christmas. ...

#5 | Posted by LampLighter at 2025-11-06 01:35 PM

That's announced job cuts, not actual job cuts.

Announced job cuts turn into job cuts.

Too bad Trump fired the credible head of the Bureau of Labor Statistics. And now with the shutdown, we don't even get those iffy numbers.

#6 | Posted by AMERICANUNITY at 2025-11-06 04:16 PM

I wonder what percent of the layoffs are due to companies switching to AI? In India there are layoffs at call centers, etc., for the same reason.

GOOGLE AI:AI Overview

Yes, call centers in India are laying off people due to the adoption of AI and automation technologies, though the full impact is still unfolding. Companies are integrating AI chatbots and voice agents to handle routine queries, which is reducing the need for human agents for basic tasks

#7 | Posted by MSgt at 2025-11-08 02:50 PM

Wendy's to close hundreds of locations: List of fast-food casualties in 2025 grows longer

www.fastcompany.com

The Great Fatsby is killing off his beloved fast food. Sad.

#8 | Posted by reinheitsgebot at 2025-11-08 08:13 PM

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