The findings come from a Jan. 9 report from Challenger, Gray & Christmas, an executive coaching firm that examines job cuts by U.S.-based employers.
Healthcare employers announced 51,588 cuts in 2024, down 11.9% from the 58,560 job cuts announced in 2023.
Last year, Becker’s reported more than 70 hospitals and health systems cutting jobs.
Across all 30 industries and sectors Challenger, Gray & Christmas measures, companies announced 761,358 job cuts in 2024, up 5.5% from 721,677 announced in 2023. It is the highest annual total since 2020, when 2,304,755 cuts were announced.
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