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U.S. Job Cuts Surge 175% to Highest October Total Since 2003 as AI and Automation Drive Mass Layoffs

U.S. Job Cuts Surge 175% to Highest October Total Since 2003 as AI and Automation Drive Mass Layoffs

Nov 06, 2025
Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Services

U.S. employers slash 153,074 jobs in October, a staggering 175% surge marking the highest October total since 2003, as artificial intelligence and automation drive mass layoffs across technology and warehousing sectors while companies aggressively cut costs and restructure operations.

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