2025 Year-End Challenger Report: Highest Q4 Layoffs Since 2008; Lowest YTD Hiring Since 2010
Source: Challenger, Gray & Christmas
Jan 08 2025 Year-End Challenger Report: Highest Q4 Layoffs Since 2008; Lowest YTD Hiring Since 2010
JOB CUTS FALL TO LOWEST LEVEL IN 17 MONTHS; HIGHEST DECEMBER HIRING SINCE 2022. YTD JOB CUTS 7th HIGHEST SINCE 1989
Published January 8, 2026
U.S.-based employers announced 35,553 job cuts in December, down 50% from the 71,321 job cuts announced in November. It is down 8% from the 38,792 job cuts announced in the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas.
Decembers total is the lowest monthly total since 25,885 cuts were announced in July 2024. It is the lowest December total since 2023, when 34,817 cuts were announced. It is the fourth time this year job cuts were lower than the corresponding month one year earlier.
The year closed with the fewest announced layoff plans all year. While December is typically slow, this coupled with higher hiring plans, is a positive sign after a year of high job cutting plans, said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas.

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Read more: https://www.challengergray.com/blog/category/job-cuts-report/
SheltieLover
(76,808 posts)Every. Fucking. Time.
Lonestarblue
(13,227 posts)Many companies stocked up on imports before Trumps stupid tariffs took effect, but this year theyll need to re-order and pass along higher prices to consumers, who will then buy less.
Trump has eliminated financial regulations on big banks to free them to make risky loans and invest in hedge funds, so I expect another banking crisis later in the year. In May, Trump will nominate a toady to replace Powell as head of the FED, and his orders will be to lower interest rates quickly, although he might get some resistance from FED governors. Depending on how the SC rules in the Lisa Cook case, Trump might be allowed to fire any governor who resists.
Republicans almost always cause recessions with their bad policies. This administration will be no exception.
SheltieLover
(76,808 posts)Bengus81
(9,826 posts)Bengus81
(9,826 posts)When it gets really bad I doubt there will be any Gov reporting of stats. Shit like that happens under Authoritarian dictators.
wolfie001
(7,087 posts)Pigman's house of cards built on fraud, lies, gaslighting and racism.
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Fla Dem
(27,427 posts)I wish.