Layoffs In Usa 2024 Usa. And canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the federal reserve remains uncertain even. Announced layoffs reached 82,307 in january, a 136% surge from december’s 34,817, according to data released by outplacement firm challenger, gray.
That is likely given the push by many businesses to trim costs. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.
