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October Layoffs Hit 22-Year High: Legal Considerations for Employers
October 2025 may very well be remembered as a turning point in the U.S. labor market. According to Challenger, Gray & Christmas, employers announced approximately 153,000 job cuts last month, marking the highest October total since 2003 and the largest single-month wave of layoffs in the fourth quarter since 2008….
By: Kelley Drye & Warren LLP