BREAKING 🚨
US job cut announcements plunge 20% YoY in September, the lowest September total since 2022 📉.
Q3 layoffs fell 36% YoY to 129,591. That's the lowest quarterly total since Q4 2023. Year‑to‑date cuts dropped 39% YoY to 573,195. Tech firms accounted for 10,799 September cuts. Economic factors drove 8,789 cuts, second to AI 🤖.
Employers remain cautious on further reductions 👀.
$GTC, $BEAMX, $GTC
US job cut announcements plunge 20% YoY in September, the lowest September total since 2022 📉.
Q3 layoffs fell 36% YoY to 129,591. That's the lowest quarterly total since Q4 2023. Year‑to‑date cuts dropped 39% YoY to 573,195. Tech firms accounted for 10,799 September cuts. Economic factors drove 8,789 cuts, second to AI 🤖.
Employers remain cautious on further reductions 👀.
$GTC, $BEAMX, $GTC
