{"id":124777,"date":"2025-11-06T10:18:07","date_gmt":"2025-11-06T10:18:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/124777\/"},"modified":"2025-11-06T10:18:07","modified_gmt":"2025-11-06T10:18:07","slug":"us-has-most-october-layoffs-in-over-20-years-on-ai-and-cost-cuts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/124777\/","title":{"rendered":"US Has Most October Layoffs in Over 20 Years on AI and Cost Cuts"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries and cost-cutting accelerates, according to data from outplacement firm Challenger, Gray &amp; Christmas Inc.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Companies last month announced 153,074 job cuts, nearly triple the number during the same month last year and driven by the technology and warehousing sectors. It\u2019s the most for any October since 2003, when the advent of cellphones was similarly disruptive, said Andy Challenger, the company\u2019s chief revenue officer.<\/p>\n","protected":false},"excerpt":{"rendered":"US companies announced the most job cuts for any October in more than two decades as artificial intelligence&hellip;\n","protected":false},"author":2,"featured_media":124778,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,1671,218,219,71392,4990,246,1961,61,60,24159,1630,39523,73799,23033,80],"class_list":{"0":"post-124777","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-amazon-com-inc","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-challenger-gray-christmas","13":"tag-economics","14":"tag-environment","15":"tag-federal-reserve","16":"tag-ie","17":"tag-ireland","18":"tag-jay-powell","19":"tag-labor","20":"tag-meta-platforms-inc-class-a","21":"tag-paramount-skydance-cl-b","22":"tag-target-corp","23":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/124777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=124777"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/124777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/124778"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=124777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=124777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=124777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}