U.S.-based employers announced 83,387 job cuts in April, up 38% from March, according to a report released Thursday by Challenger, Gray & Christmas.
The April total was down 21% from the 105,441 cuts announced during the same month last year. Still, it marked the third-highest April layoff total since 2009 outside the pandemic period. Employers have announced 300,749 job cuts so far in 2026, though that figure remains roughly 50% below the same period last year.
Hiring plans weakened sharply alongside the increase in layoffs. Companies announced plans to hire 10,049 workers in April, down 69% from March and down 38% year-over-year.
“Technology companies continue to announce large-scale cuts and are leading all industries in layoff announcements,” said Andy Challenger, workplace expert and chief revenue officer at Challenger, Gray & Christmas. “Regardless of whether individual jobs are being replaced by AI, the money for those roles is.”
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