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Monday, January 6, 2020

Job Cuts Due to Bankruptcy at Highest Level Since 2005

Job cuts due to companies going bankrupt hit the highest level since 2005 last year. According to data released by Challenger, Gray & Christmas, 62,136 announced job cuts by US-based employers in 2019 were due to bankruptcy. That represents 10.5% of the 592,556 announced job cuts last year. The total number of announced job cuts […]

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