Details from the latest US Challenger Gray layoffs data report 3 December 2015
- Cuts -13.9% y/y. Prior cuts -1.3%
Lowest number of cuts for 14 months. The energy sector has seen a 708% increase in job cuts YTD. Chemicals are up 494%
Restructuring and oil prices are the biggest reasons for layoffs YTD at 184k and 102k respectively
The industrial goods sector posted the most layoffs on the month
