Trump has arrived, dismissal in the United States increased by 245 percent!

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Lerato Khumalo

Challenger, a consulting company, which holds the record of the disclosed or approved layouts, published its report on February.

Accordingly, US -based employers announced that 172 thousand 17 people were dismissed in February.

This was the highest level recorded for February since 186 thousand 350 in 2009. In addition, 262 thousand 649 announced in July 2020 since the dismissal of the highest monthly recorded in total.

The layoffs increased by 245 percent in February compared to the previous month, increased by 103 percent compared to the same period last year.

The first two months of this year’s dismissal, 33 percent increase compared to the same period of 2024 to 221 thousand 812’ye increased.

The most dismissal in February took place in the public sector. Last month, a total of 62 thousand 242 people from 17 different institutions affiliated to the Federal Government was announced.

Challenger, Gray & Christmas Senior Vice President Andrew Challenger said that private companies planned to dismiss thousands of people in retail and technology sectors last month.

Challenger reported that the dismissal in February due to the canceled public contracts, the fear of trade war and bankruptcy, as well as the Government Productivity Department (Doge) actions.

Challenger noted that the employees of general dismissal in collective layoffs are usually in restless and uncertainty, and that many employees will be able to leave their own will.