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2018 April US Job Cut Report: Cuts Fall 40 Percent to 36,081
Job cuts announced by U.S.-based employers fell 40.2 percent in April to 36,081, the second lowest monthly total for the year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. April’s total belies a trend for increased cuts after announcements in March hit a 23-month high of 60,357. March’s total was the highest since April 2016, when 64,141 job cuts were announced. “Most of the cuts in March came from a single announcement, but an increase in large-scale job cut announcements could be on the horizon,” said John Challenger, Chief ... (full story)