Grimmest warning yet for America’s workers as layoffs soar to 22-year high – as firms break long-held taboo on firings
American companies slashed more than 150,000 jobs last month – the biggest October total in more than two decades. The bombshell figure comes as firms turn to artificial intelligence and aggressive cost-cutting to weather a cooling economy. A report from layoff tracking firm Challenger, Gray & Christmas shows employers announced 153,074 job cuts in October, …