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US Companies Announce Most January Job Cuts Since 2009
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Why This Matters
US companies announced a significant increase in job cuts in January, reaching 108,435, the largest number for any January since 2009, indicating a potential downturn in the labor market.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
US companies announced 108,435 job cuts in January, a 118% increase from a year earlier, marking the largest number of job cuts for any January since the depths of the Great Recession in 2009, according to data from outplacement firm Challenger, Gray & Christmas Inc. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Original article published by
Bloomberg
on February 5, 2026.
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Analysis and insights provided by AnalystMarkets AI.