Job Cuts Fall To Lowest Monthly Total In 21 Years; 20,476 Planned Cuts In June
Companies Holding Tight to Their Teams
Job cuts announced by U.S.-based employers fell 16.7% in June to 20,476 from 24,586 cuts announced in May. Last month's total is the lowest monthly total since June 2000, when 17,241 job cuts were recorded, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
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