From Quartz.

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U.S. employers announced 108,435 layoffs in January, the highest January total since 2009, according to Challenger, Gray & Christmas.

The Challenger, Gray & Christmas report shows January job cuts rose 118% from January 2025 and more than doubled December, while new hires were just 5,306, the lowest since tracking began in 2009. UPS layoffs totaled 31,243 amid the wind-down of its Amazon contract, and Amazon layoffs reached 16,000.

Hospitals and healthcare companies announced 17,107 cuts, the most since April 2020; Challenger cited inflation, labor costs, and lower Medicaid and Medicare reimbursements. Hiring intentions were the lowest since 2009. A brief government shutdown delayed the Bureau of Labor Statistics jobs report from Friday to next Wednesday, drawing investor attention. #layoffs2026 #jobmarket #employment #economicoutlook #healthcarecuts

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