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2018 March Job Cut Report: 60,357 Cuts With Retail, Health Care Leading
Job cuts announced by U.S.-based employers surged in March to 60,357, a 71 percent increase from the 35,369 cuts announced in February. Last month’s total is the highest monthly total since April 2016, when 64,141 job cuts were announced, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. “We’ve experienced 22 months of relatively low planned layoff activity. With the current economic conditions, companies are in a position to grow and invest. We’ve seen companies invest back into their workforces in the last couple of months,” said ... (full story)