US job-cut announcements fall 20% in September to 43,281

  • US job-cut announcements fell 20% year over year in September.
  • 43,281 announced cuts marked the lowest September total since 2022.
  • Q3 planned layoffs fell 36% year over year to the lowest level since Q4 2023.

US job-cut announcements declined 20% year over year in September to 43,281, the lowest September total since 2022. Planned layoffs in the third quarter fell 36% from a year earlier to 129,591, marking the lowest quarterly figure since the fourth quarter of 2023. The update also referenced year-to-date announcements without providing a total.

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