US layoffs have reached recessionary levels, with employers announcing 1.21 million job cuts in 2025, up 58% YoY—the highest since the 2020 crisis.
US layoffs have reached recessionary levels, with employers announcing 1.21 million job cuts in 2025, up 58% YoY—the highest since the 2020 crisis. — First Squawk (@FirstSquawk) January 22, 2026 Challenger report confirms: 1,206,374 layoffs in 2025 Up 58% from …