Capital News Service
Layoffs in Maryland are up nearly 30%, with about 2,000 more jobs being cut than this time last year. Nationally, this year has seen over one million layoffs — the highest amount for this time of year since the Covid-19 pandemic and the Great Recession.
This year, artificial intelligence is among the top ten reasons given by employers for job cuts, alongside cost-cutting, federal cuts and economic conditions, according to the October 2025 Challenger Report, a monthly job cut announcement report published by Challenger, Gray and Christmas Inc., a business consulting firm…