Challenger, Gray & Christmas Report: June Layoffs Cool to 45,849, Down 53% From May; AI Leads Reasons for Fourth Consecutive Month

U.S.-based employers announced 45,849 job cuts in June, down 53% from the 97,006 cuts announced in May. June’s total is down 4% from the 47,999 cuts announced in the same month last year, and marks the lowest monthly total since December 2025, according to a report released Wednesday...