2019 was one of the decade's worst years for job cuts in the US
The outplacement firm Challenger, Gray & Christmas said on Thursday that employers announced plans to eliminate 592,556 jobs last year, a 10% rise from 2018 levels. That was the largest annual total since 598,510 were announced in 2015. Over the past decade, job-cut announcements were higher only in 2009 and 2011.
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