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- 2025 has seen over 1.1 million job cuts in the US so far, according to Challenger, Gray & Christmas.
- The firm said it was just the sixth time since 1993 that the figure had passed 1.1 million.
- It's also the most layoffs in a year since 2020, when the COVID pandemic upended the labor market.
This year has seen the most layoffs in the US





