ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
The federal government led a near-record number of job cuts nationally in March, a spike fueled by widespread government layoffs directed by the Department of Government Efficiency.
The 275,240 cuts recorded by outplacement and executive coaching firm Challenger, Gray & Christmas Inc. is the third-highest monthly total recorded by the firm since 1989, topped only by numbers in April and May of 2020, when the shock of the Covid-19 pandemic led to a massive spike in layoffs.
Cuts within the federal government accounted for 216,215 job losses. Through the first quarter of the year, the federal government has cut 279,445 jobs, a more than sevenfold increase from the 36,195 cuts announced in the first quarter of 2024.
Click here to read the full story on the Orlando Business Journal’s website.
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