Industry Tracker: US Job Cuts up 127% in Nov Amid Tech Sector Job Drain

Industry Tracker: US Job Cuts up 127% in Nov Amid Tech Sector Job Drain

WASHINGTON (Sputnik) – US employers slashed 76,835 jobs in November, some 127% more than in October and five times more than a year ago, private employment tracker Challenger, Gray & Christmas, Inc. said Thursday in a report that showed most of the cuts occurring in the high-paying technology sector.

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