US job cuts surge in January amid tech sector layoffs
WASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year high, as technology firms cut jobs at the second-highest rate on record in anticipation of a possible recession.
According to the report by employment firm Challenger, Gray and Christmas, 102,943 workers were laid off in January, a more than two-fold increase from December and an over five-fold r