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U.S. job cuts have surpassed 1 million this year, a grim milestone only seen during the dotCom bust, Great Recession, and pandemic.

October's layoffs surged 175% year-over-year, driven by corporate cost-cutting and softening consumer spending. This ranks 2025 among the worst years for job losses in decades.

https://www.forbes.com/sites/maryroeloffs/2025/11/06/more-than-1-million-jobs-have-been-cut-this-year-report-says

#usa #economy #recession

U.S. job cuts have surpassed 1 million this year, a grim milestone only seen during the dotCom bust, Great Recession, and pandemic.

October's layoffs surged 175% year-over-year, driven by corporate cost-cutting and softening consumer spending. This ranks 2025 among the worst years for job losses in decades.

https://www.forbes.com/sites/maryroeloffs/2025/11/06/more-than-1-million-jobs-have-been-cut-this-year-report-says

#usa #economy #recession