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Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff - CNBC

U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020

By:Jeff Cox
Source:CNBC
Published:
Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff - CNBC
President Donald Trump's efforts to pare down the federal government workforce left a mark in the labor market in February, with announced job cuts at their highest level in nearly five years, outpla… [+2267 chars]

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