U.S. Corporate Layoffs Reach Record High in March

According to Odaily, the number of corporate layoffs in the United States reached 275,240 in March, marking the highest level since May 2020. The monthly rate of layoffs increased by 60.01%, compared to the previous rate of 245.45%. Additionally, the annual rate of layoffs surged to 204.8%, up from the previous rate of 103.20%.