US Companies Announce Fewest October Job Cuts in Three Years

US employers announced 31,456 job cuts in October 2026, the lowest for any October since 2023, according to data tracked by Bloomberg. The figure represented a decline from September 2026's announced cuts. Christopher Hodge, Chief US Economist with Natixis, attributed part of the trend to companies increasing hiring plans ahead of the holiday-shopping season.

• Bloomberg — US Companies Announce Fewest October Job Cuts in Three Years

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