US job cuts fall to lowest September level since 2022

(Sharecast News) - US employers announced 43,281 job cuts in September, according to Challenger, Gray & Christmas, down from 52,881 in August and 54,064 a year earlier, marking the lowest September total since 2022. The tech sector led reductions with 10,799 planned cuts, followed by food at 7,326 and services at 3,306.

Year‑to‑date, employers have announced 573,195 cuts, down 39% from the 946,426 seen in the first nine months of 2025. Tech remained the largest contributor, with 165,925 cuts so far this year.

Third‑quarter layoff plans totalled 129,591, a 43% drop from the 226,242 recorded in Q2.

"Companies are in a wait-and-see period right now. Employers are facing high energy costs, an uncertain war in Iran, a rate hike that could make hiring more expensive, plus the likelihood of surging healthcare costs. We've seen layoff activity subside over this year, and September continues to illustrate this point," said Andy Challenger.







Reporting by Iain Gilbert at Sharecast.com