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US layoffs for October at 2-decade high

Financial Express Hyderabad

|

November 07, 2025

US-BASED EMPLOYERS cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as industries adopt Al-driven changes and intensify cost cuts.

Tech firms led the job cuts in the private sector, followed by retailers and the services sector, the global

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