“The latest layoff report from Challenger, Gray, & Christmas is out.
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Job Cuts Surge to Five-Month High
OCTOBER JOB CUTS JUMP 41% TO 47,724
CHICAGO, November 1, 2012 – Planned job cuts surged 41 percent in October to 47,724, as a spate of layoff announcements in the wake of weak quarterly earnings reports helped push downsizing activity to its highest level in five months, according to the report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.”
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