U.S.-based employers announced 64,789 cuts in April, a 28% decrease from the 90,309 cuts announced one month prior. It is down 3.3% from the 66,995 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. So far this year, companies have announced 322,043 job cuts, down 4.6% from the 337,411 announced through April last year. “The labor market remains tight. But as labor costs continue to rise, companies will be slower to hire, and we expect further cuts will be needed. This low April ... (full story)