US Layoffs In January Surge To Highest Since 2009, Hiring Slumps To Record Low
Synopsis
The firm stated that layoffs in January were the highest in January 2009, when 241,749 job cuts were announced.
Layoffs in January hit the highest levels since 2009, with U.S.-based employers announcing 108,435 job cuts during the month, according to the latest report by consulting firm Challenger, Gray & Christmas.
“Generally, we see a high number of job cuts in the first quarter, but this is a high total for January. It means most of these plans were set at the end of 2025, signaling employers are less-than-optimistic about the outlook for 2026,” said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas.
The firm stated that layoffs in January were the highest in January 2009, when 241,749 job cuts were announced.
Employers also announced 5,306 hiring plans in January, which was the lowest total for the month since Challenger began tracking hiring plans in 2009.
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