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Surge in US Job Cuts: 245% Increase in February Due to Federal Government Layoffs

Surge in US Job Cuts: 245% Increase in February Due to Federal Government Layoffs
2 months ago

In February 2023, a dramatic rise in job cuts was reported in the United States, with an increase of 245% compared to the previous month. The main factor contributing to this surge were mass layoffs conducted by the federal government. These changes, driven by economic factors and the need for cost optimization, affected a significant number of employees.

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