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February Job Cuts Fell 28% From January: Challenger Survey

 

Challenger Gray & Christmas said U.S. corporations laid off almost three times as many employees in February compared with the previous year, but the number of planned job cuts fell from January's record high.

In February, companies laid off 101,731 workers, down 28% from January's 142,208 employees. In the year-ago period, 35,415 workers lost their jobs. ...

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