In this article
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed.
The technology sector was the hardest hit, with 33,281 cuts, almost six times September’s total.
Being laid off is an awful feeling — and it must feel bitterly ironic to work in a field that’s developing the very technology making you redundant.






