Challenger Job Cut Announcements

Monthly job-cut announcements by U.S.-based employers, tracked by Challenger

Where the Challenger Job Cut Announcements stands now

The Challenger Job Cut Announcements was 43,300 in September 2026, up from the 25,900 low in July 2024. It has been lower than a year earlier for four months in a row.

How the Challenger Job Cut Announcements has moved since 2024

Challenger Job Cut Announcements: down since 2025

Monthly job cut announcements, thousands: 43,300 in September 2026, down from 54,100 a year earlier. Monthly, 2024–2026.

0 100K 200K 300K 400K 202420252026 high · Mar 2025 · 275.2K 43.3K Sep 2026 0 200K 400K 20242026 275.2K 43.3K
Source: Challenger, Gray & Christmas · Jul 2024 – Sep 2026 American Default Research · americandefault.org/indicators/pink-slips/
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What the Challenger Job Cut Announcements measures

Challenger Job Cut Announcements by month, 2024 to 2026

Every month since 2024, newest first. The change compares each month with the same month a year earlier.

Download the data: CSV · JSON

Month Count Change from a year earlier
Sep 2026 43.3K −10.8K
Aug 2026 52.9K −33.1K
Jul 2026 33.4K −28.7K
Jun 2026 45.8K −2.2K
May 2026 97K +3.2K
Apr 2026 83.4K −22K
Mar 2026 60.6K −214.6K
Feb 2026 48.3K −123.7K
Jan 2026 108.4K +58.6K
Dec 2025 35.6K −3.2K
Nov 2025 71.3K +13.6K
Oct 2025 153.1K +97.5K
Sep 2025 54.1K −18.7K
Aug 2025 86K +10.1K
Jul 2025 62.1K +36.2K
Jun 2025 48K —
May 2025 93.8K —
Apr 2025 105.4K —
Mar 2025 275.2K —
Feb 2025 172K —
Jan 2025 49.8K —
Dec 2024 38.8K —
Nov 2024 57.7K —
Oct 2024 55.6K —
Sep 2024 72.8K —
Aug 2024 75.9K —
Jul 2024 25.9K —

Monthly · Challenger, Gray & Christmas

Counties with the highest labor scores

There's no county figure for this measure, so this list uses the labor part of our County Distress Index.

Rank County Score (0–100)
1 Apache County, AZ 99.2
2 Mingo County, WV 98.7
3 Navajo County, AZ 97.3
4 Luna County, NM 97.2
5 McKinley County, NM 96.8
6 Lake County, CA 96.8
7 Clare County, MI 96.6
8 Harlan County, KY 96.2
9 Wyoming County, WV 96.2
10 Pike County, KY 96.1

All 3,144 counties →

Questions about the Challenger Job Cut Announcements

How many job cuts were announced in the latest month?

Challenger's tally for September 2026 is 43,300, fewer than the 54,100 a year earlier. Challenger has not published a revision policy, and in the reports checked its past monthly totals did not change.

Is this the number of people laid off?

No. It counts job cuts that employers announced, at the announced figure, including cuts planned over several years. Some never happen, some happen later, and some are buyouts or early retirements. It is also a different measure from the government's layoff and unemployment-claims statistics.

Do job-cut announcements predict unemployment claims?

Challenger's reports do not say so. Announcements are an employer's stated plan; initial claims are weekly filings with state unemployment programs, published by the Labor Department. The two come from different producers, count different things and run on different schedules.

Where does the layoff announcement data come from?

Challenger, Gray & Christmas, a private outplacement and executive coaching firm, publishes the count early each month for the month before. It covers job cuts announced by U.S.-based employers, public and private. The firm does not publish how it finds or verifies announcements.

Cite this Challenger Job Cut Announcements: 43,300, Sep 2026 · American Default Research, from Challenger, Gray & Christmas · americandefault.org/indicators/pink-slips/

Sources and method for the Challenger Job Cut Announcements

  • Challenger, Gray & Christmas We use the monthly figures as published, from July 2024 through September 2026, with no adjustment of our own. Challenger, Gray & Christmas doesn’t adjust this count for the season, so compare a month with the same month a year earlier. Challenger, Gray & Christmas’s report

We write with assistance from AI tools. Figures come from the data and sources named on this page.