Layoffs climb to highest level since 2020: Research

Layoffs across the United States have climbed to the highest level since 2020, when the COVID-19 pandemic slowed down economies around the world, according to a new report that was published on Wednesday. 

The report, which was released by the executive coaching firm Challenger, Gray & Christmas, said companies have announced 744,308 job cuts so far this year, the highest tally since 2020, when 1,585,047 positions were slashed. 

Excluding the 2020 figures, the number of...