Planned Job Cuts Up 7% In April: Challenger
Planned job cuts rose 7.1% to 40,559 in April, according to outplacement firm Challenger, Gray & Christmas.
Planned job cuts rose 7.1% to 40,559 in April, according to outplacement firm Challenger, Gray & Christmas. That's also 11.2% higher than April 2011. Year-to-date, planned job cuts are up 9.8%. Last month's job cuts were led by the education sector, where school districts continue to be under pressure to cut costs amid massive state and local budget deficits, the report said.
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