Employers Just Announced the Most Job Cuts Since 2009 (Video)
In this 6 February 2026 video, host Michael Bordenaro talks about how U.S. employers announced 108,435 job cuts in January 2026, the highest for the month since 2009 and a 118 percent increase from a year earlier. According to Challenger, Gray & Christmas, this surge in layoffs, driven by restructuring, economic uncertainty, and cost-cutting, signals a cooling labor market, with transportation and tech industries seeing significant reductions.
The high number of job cuts indicates that employers are taking defensive measures against economic uncertainty. While some cuts are attributed to AI, most are linked to restructuring and cost-saving measures. The data suggests a potential slowdown in the labor market, with companies appearing less optimistic about the outlook for 2026.
https://youtu.be/SPZYqLM1ARA
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