In the shortest month of the year, U.S.-based employers announced 77,770 job cuts in February, down a 24% from the 102,943 cuts announced in January. It is 410% higher than the 15,245 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. February’s total is the highest for the month since 2009, when 186,350 cuts were recorded. So far this year, employers announced plans to cut 180,713 jobs, up 427% from the 34,309 cuts announced in the first two months of 2022. It is the highest ... (full story)