US job cuts more than double in January

US job cuts more than double in January

NEW YORK: Job cut announcements in January increased to its highest level in 10 months as employers in the financial and technology sectors launched restructuring efforts, a report released Thursday showed.Announced layoffs reached 82,307 in January, a 136% surge from December’s 34,817, according to data released by outplacement firm Challenger, Gray & Christmas, which helps … Read more