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Job cuts by U.S. firms in Jan-Feb hit highest since 2009: Report
The layoffs by US firms in January and February touched the highest since 2009, employment firm Challenger, Gray & Christmas reported. The tech sector accounted for more than a third of the over 1,80,000 job cuts announced. The layoffs in the US stood at 77,770 in February alone. The firms announced plans to hire 28,830 workers in February.
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