Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BlueWaveNeverEnd

(13,410 posts)
Thu Feb 5, 2026, 10:06 AM 21 hrs ago

Layoffs in January were the highest to start a year since 2009, when Challenger, Gray & Christmas began tracking

https://www.cnbc.com/2026/02/05/layoff-and-hiring-announcements-hit-their-worst-january-levels-since-2009-challenger-says.html

U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The total marked the highest for any January since 2009.

At the same time, companies announced just 5,306 new hires, also the lowest January since 2009, which is when Challenger, Gray & Christmas began tracking such data.

Layoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday.

U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The total marked the highest for any January since 2009, while the economy was in the final months of its steepest downturn since the Great Depression.
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Layoffs in January were the highest to start a year since 2009, when Challenger, Gray & Christmas began tracking (Original Post) BlueWaveNeverEnd 21 hrs ago OP
Also when the second great Republican depression started. nt yaesu 21 hrs ago #1
My son works for one of the big tech firms. They did a "restructuring" layoff a month ago and are now revamping... dutch777 21 hrs ago #2
Ya think republicans would learn from history... Lovie777 20 hrs ago #3
It's going to get bad. Johnny2X2X 20 hrs ago #4

dutch777

(4,964 posts)
2. My son works for one of the big tech firms. They did a "restructuring" layoff a month ago and are now revamping...
Thu Feb 5, 2026, 10:19 AM
21 hrs ago

...the employee performance review system to clearly set up for a layoff on performance ranking basis soon. This is like the 5th round of layoffs using whatever as an excuse in a little over a year. Kind of sucks as the ranks have thinned, teams are under stress as workload has not changed, maybe even increased, and there are less people to do it. The new performance scale basically requires a bell curve scoring of all employees under a manager such that 10% at one end have to be ranked as underachieving and no more then 10% are top achievers. Makes HR's work easy as to who to let go while limiting exposure for high performance bonuses too. Tech work isn't the wide blue sky path to a secure life it once was.

Johnny2X2X

(23,822 posts)
4. It's going to get bad.
Thu Feb 5, 2026, 10:43 AM
20 hrs ago

AI layoffs are just starting. The tariffs have added too much cost and risk to many businesses and they're canceling plans to expand and laying off people instead.

Latest Discussions»General Discussion»Layoffs in January were t...