Layoff announcements this year top 1.1 million, the most since 2020 when pandemic hit, Challenger says

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Layoff announcements have reached 1.17 million in 2025, surpassing 2020's pandemic-era record, with a slight decrease in November's layoff plans.

Market Impact

Market impact analysis based on bearish sentiment with 77% confidence.

Sentiment
Bearish
AI Confidence
77%

Article Context

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The firm said layoff plans totaled 76,835 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.

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Original article published by CNBC on December 4, 2025.
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