The ‘The Big Money Show’ panel doubled Dogge to his ‘Kya Kya Kya Kya’.
The US workers retrenched at the levels in February that was not recorded since the last two recession between the Tram administration’s federal agencies, the contracts were canceled and the possibility of a comprehensive trade war.
Global Outplement firm Challenger, Gray & Christmas report released on Thursday Planned job cut In February, 245% rose to 172,017 last month. This is the highest level since July 2020, when the economy was related to the restrictions related to the Kovid epidemic since the great recession in 2009, and the highest total for February.
The largest part of the pruning was in the government, in which Challenger announced 62,242 in 17 separate federal agencies. The government has discontinued about 62,530 workers in the first two months of 2025 – an increase of 41,311% compared to a year ago.
“that sounds like Federal Judge,“Challenger, Gray and Christmas Vice President Andrew Challenger said.” It remains to be seen how many more workers will lose the roles of their federal government. ,
“When a large -scale trimmed, it is often feeling uncomfortable and uncertain to the remaining employees. There is a possibility that many more workers leave voluntarily,” the challenge said.
Retail vendors announced 38,956 job cuts to reach a total of 45,375 of the region for the year. This is an increase of 6,751 to 572% retail job Cuts which were declared in the first two months of 2024.
Technology companies remain a leading area for job cuts, although they are below a year ago. Tech companies announced 14,554 job cuts in February for a total of 22,042 in 2025 – a figure that is 22% below 28,218 cuts in the same period a year ago.
Dog is getting away from thousands: What will be the effect with unemployment and economy?
So far in 2025, employers have announced 221,812 job cuts-Since 2009, the highest year-by-year total, when 428,099 job cuts were planned. This figure is 33% higher than 166,945 job cuts declared in the same period in 2024.
“Private companies announced a plan to shed thousands of jobs last month, especially in retail and technology,” Challenger said. “With the effect of the action of the government’s efficiency department (DOGE), as well as canceled government contracts, fear of trade wars, and bankruptcy, job cuts in February.”
Why companies are cutting jobs, Dogi’s influence was the main reason and 63,583 trimmed, both in the federal workforce and between government contractors, were responsible for it.
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Market and Economic conditions 36,257 was attributed to cuts, while bankruptcy was the cause of 35,411 cuts and jobs and stores, units, or plant closures, which was responsible for 28,095.
Reuters contributed to this report.
