April Job-Cut Announcements Tumble 43 Percent From March

by MR Magazine Staff

Companies announced plans to cut 36,081 jobs in April, a 43 percent decrease from March, a private survey reported Thursday. However, the improvement from March’s spike of 64,141 was not enough to erase an increase in job-cut announcements this year. The 176,460 job cuts announced in 2018 is more than 8 percent higher than the same period of 2017. Read more at CNBC.