Thursday, June 1, 2017

Job cuts surge in May, thanks to downsizing in retail and auto

Cutbacks in retail and the auto industry sent job reductions soaring to over 50,000 in May, outplacement consultancy Challenger, Gray & Christmas reported Thursday.

Apparel stores are not the only retailers cutting jobs, either.

The retail industry is starting to see more of its cuts stemming from grocery stores for the first time.. . . more

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