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October Layoffs Surge Most Since 2003 Amid Cost-Cutting, AI Adoption, Challenger Data Shows The U.S. labor market weakened considerably in October, with companies slashing 153,000 jobs, nearly triple last year's total and the highest for that month since 2003, according to a new report from outpl......
Source: Zero Hedge
Original URL: https://www.zerohedge.com/markets/october-layoffs-surge-most-2003-amid-cost-cutting-ai-adoption-challenger-data-shows