US Job-Cut Plans Jump Due to AI and Tariffs, Challenger Data Show

Jul 31, 2025 - 17:34
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US Job-Cut Plans Jump Due to AI and Tariffs, Challenger Data Show
Plans to reduce staff spiked in July to a level that was well above the average for the month since the pandemic, with technology firms leading sectors trimming their workforce, according to data from outplacement firm Challenger, Gray & Christmas.

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