Anonymous (ID: 3Z1uQ3UG)
Layoffs in October hit highest(...) 11/09/25(Sun)16:40:24 No.521009821

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Layoffs in October hit highest level for month in 22 years Anonymous (ID: 3Z1uQ3UG) 11/09/25(Sun)16:40:24 No.521009821

U.S. employers ramped up layoffs in October to the highest level for the month in 22 years as companies looked to cut costs and adopt artificial intelligence (AI).

The warehousing industry led all industries in October job cuts, with 47,878 cuts announced, up from 984 in September. The sector has cut 90,418 jobs year to date, which is a 378% increase from the same period last year.

The technology sector announced 33,281 cuts in October – a significant increase from 5,639 in September. Over the course of 2025, tech firms have announced 141,159 job cuts, an increase of 17% from the same period in 2024.

Retailers announced 2,431 job cuts in October, a decline from 2,577 in the prior month. However, the retail sector remains among the hardest hit industries this year, with retailers announcing 88,664 job cuts year to date, an increase of 145% from the cuts announced in the first 10 months of last year.
https://www.foxbusiness.com/economy/layoffs-october-hit-highest-level-month-22-years-companies-cite-cost-cutting-ai