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U.S. Firms Announce Most October Job Cuts in Over 20 Years
News November 06, 2025 at 12:04 PM
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What You Need To Know
- Companies announced 153,074 job cuts last month, according to one jobs report.
- Separate research found that payrolls at U.S. firms increased by 42,000 in October after two straight months of declines.
- JPMorgan CEO Jamie Dimon said headcount at the bank will probably remain steady or rise as it rolls out AI.
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