According to a report from Challenger, Gray and Christmas, US-based employers announced 33,429 job cuts in July 2026. This figure represents a 27% decrease from the previous month and is 46% lower compared to July 2025.
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Job Cuts in July Reach Lowest Level in Two Years, Report Shows
A report by Challenger, Gray and Christmas indicates that US employers announced 33,429 job cuts in July 2026, marking a 27% decline from June and a 46% decrease from the same month last year. This is the lowest level of layoffs recorded in two years.
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July layoffs hit lowest level in two years despite AI fears: report
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Job Cuts in July Reach Lowest Level in Two Years, Report Shows