December 2025 Layoffs Report: 35,553 Job Cuts Cap Record Year of 1.2 Million
December 2025 saw 35,553 job cuts announced, the lowest monthly total since July 2024. But the full-year total reached 1,206,374 layoffs, a 58% increase from 2024 and the highest since 2020. Q4 marked the worst fourth quarter since 2008.