Challenger Report: August Job Cuts Up 58%, Consumer Products, Food Lead

LOWEST AUGUST SINCE 2022; HIRING PLANS UP 37% OVER LAST YEAR U.S.-based employers announced 52,881 job cuts in August, up 58% from the 33,429 cuts announced in July. It is down 38% from the 85,979 layoff plans announced in the same month last year, and marks the lowest August total since 2022, ac...