Research: US companies announced 153,074 job cuts in October 2025, the most for any October since 2003, as AI reshapes industries and cost-cutting accelerates
US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries …
Bloomberg Julia Fanzeres
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US companies announced the most job cuts for any October in more than two decades. “This comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes:” Challenger, Gray & Christmas https://www.bloomberg.com/... [image]
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Job cuts in October hit highest level for the month in 22 years, Challenger says