The number of layoffs by challenger companies in the United States has increased by 140% year-on-year

According to Golden Finance, in July of this year, Challenger Enterprises in the United States laid off 62075 employees. Compared to the same period last year, the number of layoffs has increased by an astonishing 140%. This is the highest number of layoffs in July data since 2020. This time seems different from the usual calm summers, with an average level of around 23575 in July over the past four years in some cases.