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Thursday, December 3, 2020

Challenger: November job cut dips further to 64.797K

 

  • Challenger Job-Cut Report64.797K from 80.66K in October.
  • “News of a coming vaccine and clarity surrounding election results have sent markets soaring and given companies some stability as we end the year,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.
  • Entertainment/Leisure announced highest 11,666 cuts. Entertainment/Leisure sector leads all industries in 2020 with 857,620 cuts, up 5,860% from the 14,389 announced in the same period last year.

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