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Layoff pace in December hit lowest level since mid-2024, Challenger says
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Layoff pace in December hit lowest level since mid-2024, Challenger says

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Planned job cuts totaled 35,553 for the month, a 50% slide from November and an 8% decrease from the same period a year ago.

Announced layoffs fell sharply in December, hitting a 17-month low in a potential sign that the labor market is at least stabilizing, consulting firm Challenger, Gray & Christmas reported Thursday. Planned job cuts totaled 35,553 for the month, a 50%... [1368 chars]

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Source: CNBC

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