The number of layoffs by US companies fell in November, still hitting a three-year high
2025-12-04 13:20:38
The number of job cuts announced by U.S. companies last month fell after a surge in October, but still hit the highest level for any November in three years, according to Challenger data, a U.S. employment consultancy. Hiring intentions this year are down 35 percent from the same period in 2024, and year-to-date hiring plans are the lowest since 2010, the report noted. The company said no new holiday hiring plans were announced last month. (Jin Ten)
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