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US layoffs hit 20-year high in October amid AI-driven cost cuts

Published by Iain Gilbert on 6th November 2025

(Sharecast News) - US employers cut 153,074 jobs last month, according to Challenger, Gray & Christmas, up 175% year-on-year, with the largest October figure for more than 20 years coming as industries continued to adopt AI and ramp-up cost cutting efforts.

URL: http://www.digitallook.com/dl/news/story/35476987/...

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