US Challenger Report: February job cuts drop, hiring plans shrink | FXStreet

US-based employers announced 48.307K job cuts in February, according to data released Thursday by Challenger, Gray & Christmas. The figure represents a 55% decline from the 108.435K layoffs announc...

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US Challenger Report: February job cuts drop, hiring plans shrink | FXStreet

Source: FXStreet

US-based employers announced 48.307K job cuts in February, according to data released Thursday by Challenger, Gray & Christmas. The figure represents a 55% decline from the 108.435K layoffs announced in January and a 72% drop compared with the 172.017K job cuts recorded in the same month last year.