U.S. Employers Announce 397,755 Layoffs Year-to-Date in 2026, Down 43% From 2025

According to Challenger, U.S. employers have announced 397,755 layoffs year-to-date in 2026, a 43% decline from 696,309 in the same period of 2025, when federal government cutbacks drove the total to historic highs. Excluding the government reduction, 2026 layoff activity remains roughly in line with 2024 levels.
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