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Challenger reports 60,587 March planned.....>

US DATA
US DATA: Challenger reports 60,587 March planned layoffs; Highest Q1 Since 2009
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- March layoff led by autos and energy, though layoffs were fairly widespread.
- Even with a slowdown in intentions from February (76,835), Q1 layoffs
(190,410) were the highest first quarter reading since 2009.
- Challenger said the uncertainty, fears of a downtown were causing businesses
to be more cautious.
- Restructuring was the top reason for layoffs through the first three months of
2019.

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