Details of the May 2015 US Challenger layoffs data report 4 June 2015
- -22.5% vs +52.8% prior y/y
- Total layoffs to May 243k vs 214k for same period last year
Financials led the cuts with 5539 workers possibly looking at the exit door and JP Morgan staff bore the brunt of that by 5000 after the bank announced teller cuts. The government was next with 5502 expected cuts with Massachusetts cutting 4500 workers
US Challenger layoffs
