Employers announced over 153,000 job cuts last month, marking the worst October for layoff announcements in 22 years.

The latest Challenger, Gray & Christmas compendium of layoff announcements was published at 4 a.m. instead of its usual 7:30 a.m. timeslot, and it contained a middle-of-the-night-type alarm: U.S.-base...

“Some industries are correcting after the hiring boom of the pandemic, but this comes as AI adoption, softening consumer and corporate spending and rising costs drive belt-tightening and hiring freez...