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Planned Layoffs Climb To 16-Month High | The Huffington Post’s Lila Shapiro reports that “for the past three months, American companies have been cutting their workforce in increasing numbers, according to a new report from Challenger, Gray & Christmas, an outplacement consultancy group in Chicago. In July, the number of planned job cuts surged to a 16-month high of 66,414 — a 60 percent increase from June.”

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