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Layoffs announced By employers were rejected every month in November but they still press the total number of 2025 is at the highest level since the wave of cattle planning caused in 2020, new data from the Challenger, Gray & Christmas Shows.
The report found that US employers announced 71,321 layoffs in November – down 53% from the 153,074 cuts announced in October.
Plans for the month of November were up 24% from the 57,727 cuts announced in that month last year, to the highest level In the month from 2022, which marked the eighth time this year that Jobe’s cut in a given month was higher than the corresponding month in the previous year.
“Layoff plans fell last month. It’s definitely a good sign. That said, job cuts in November rose above 70,000 only since 2008,” said Andy Challege Officer For Challenger, Gray & Christmas.
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Challenger, Gray & Christmas reported that Laseaffs are moving at a faster pace in November, although the 2025 total so far is the highest since the pandemic. (David Paul Morris/Bloomberg via Getty Images)
Historically, Jobe’s cuts in November have been below 70,000 from 1993 through 2000, then a year of reallocations pushed cuts that month to 181,000, according to the firm. Layoffs in November remained high until 2009 and remained below 200,000 until the pandemic.
“It was a practice to announce strategies towards the end of the year, in line with many companies of the year – the end. It became undesirable after the big downturn, and the best strategies to practice will happen at times other than the holidays,” said Clellaller.
Employers announced 1,170,821 jobs this year in November, a 54% increase from 761,358 announced in 1124 months.
Annual job cuts hit the highest level since 2020, when there were 2,227,725 job cuts announced in November between The covid-19 pandemic.
The private sector lost 32,000 jobs in November, ADP said
This year marks the sixth time since 1993 that annual work has been cut as of November they have raised 1.1 million, it was found. The number of Lasoffs in November is the fifth highest since 1993.
Outside of 2020, the highest number of clemurative layoffs announced in November of a given year was 1,956,876 in 2001, followed by 2002 which saw 1,373,906. Another re-fencing year, 2009, saw 1,242,936 -roffs, following in the footsteps of C Challenger.
Telecommunications was the sector with the most loffs announced in November as 15,139 job cuts were reported, primarily from plans announced by Verizon. That’s the highest number of months in the sector since April 2020, when 16,552 horsoffs were announced, and until 2025 the sector announced a good 38,035 – an increase of 268% from the previous year.
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The technology sector has announced many loffs so far in 2025 in November. (Joe Raedle/Getty Images)
This page Tech sector It announced 12,377 roffs last month, pushing the 2025 total to 153,536, up 17% from last year.
Food companiesespecially those in the beef industry, announced 6,788 cuts in November. That brings the 2025 total to 34,165, a 26% increase from last year.
Companies in the services sector announced 5,509 layoffs in November, bringing their annual total to 69,089, up 64% from a year earlier.
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Sellers were cut 3,290 job cuts in November, and the sector has seen 91,954 layoffs announced this year, which is 139% from 2024.
