October 2017 US Challenger layoffs 02 November 2017

  • Total cuts for 2017 351,309. -24.6% on Oct 2016. That’s the lowest total since 1997

There was a warning from CEO John Challenger though;

“Companies are currently holding on to their workforces, but this may be the calm before the storm. Another downturn could be on the horizon for early to mid-2018 and with it, the large-scale layoff announcements that typically follow. Adding to this is the possibility that global factors, including Brexit, could usher in a recession,”

Full report is here.

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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