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.