Challenger Report: April Job Cuts Rise 38% from March; YTD Cuts Down 50%

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Source: Challenger, Gray & Christmas

Challenger Report: April Job Cuts Rise 38% from March; YTD Cuts Down 50%

VOLITILITY CONTINUES: APRIL CUTS RISE 38% OVER MARCH; YTD DOWN 50%. AI LEADS REASONS FOR SECOND MONTH IN A ROW

U.S.-based employers announced 83,387 job cuts in April, up 38% from the 60,620 job cuts recorded in March. It is down 21% from the 105,441 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas

April’s total is the third highest since 2009: 105,441 job cuts recorded in April 2025 and 671,129 in April 2020. So far this year, employers have announced 300,749 job cuts, down 50% from the 602,493 cuts recorded through April 2025.

“Technology companies continue to announce large-scale cuts and are leading all industries in layoff announcements. They are also often citing AI spend and innovation. Regardless of whether individual jobs are being replaced by AI, the money for those roles is,” said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas.

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Read more: https://www.challengergray.com/blog/challenger-report-april-job-cuts-rise-38-from-march-ytd-cuts-down-50/