- Challenger Job-Cut Report: 22.822K from 17.895K in September.
- 22% of October cuts due to vaccine mandate refusal.
- Last month, the majority of cuts (5,796) were attributed to plant, store, and unit closing. Workers’ refusing to comply with vaccine mandates accounted for 5,071 cuts in October. Since June, when vaccines were widely available to adults, 6,843 workers have been cut or left their jobs for this reason. It is currently the 10th highest reason for job cuts this year, according to Challenger tracking.
- “We’re still in the midst of a labor market in which demand appears much higher than supply,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas.
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Thursday, November 4, 2021
Challenger: October job cuts of 22.8K jobs
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