Employers in the U.S. laid off 275,240 employees in March, a 60% increase from the previous month and a 205% increase from March 2024, according to a new report Thursday from Challenger, Gray & Christmas.

Andrew Challenger said the layoffs were dominated by positions in the federal government being eliminated by the Department of Government Efficiency.

“It would have otherwise been a fairly quiet month for layoffs,” Challenger, the senior vice president for Challenger, Gray & Christmas said.

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