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Layoff plans totaled 71,321 in November, a step down from the massive cuts announced in October but still enough to bring the 2025 total up to 1.17 million, according to Challenger, Gray & Christmas. That's up 54% from the same 11-month period a year ago and the highest level since 2020, when the Covid pandemic rocked the global economy, adding to rising concerns over the state of the U.S. labor market. Read the full story: cnb.cx/4pJhq3a | CNBC
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