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Job cuts in October hit highest level for the month in 22 years, Challenger says
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Job cuts in October hit highest level for the month in 22 years, Challenger says

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Job cuts for October totaled 153,074, a 183% surge from September.

Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor market, according to outplacement firm Challenger, Gray & Christmas. Job cuts fo... [2362 chars]

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Source: CNBC

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