6 November 2025

Research: US companies announced 153,074 job cuts in October, the most in 20+ years and up 3x on October 2024, as AI reshapes industries and cost-cutting rises (Julia Fanzeres/Bloomberg)

Julia Fanzeres / Bloomberg:
Research: US companies announced 153,074 job cuts in October, the most in 20+ years and up 3x on October 2024, as AI reshapes industries and cost-cutting rises  —  US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries …

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