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Layoffs on track for fewest since 2000

CHICAGO, Nov. 22 (UPI) -- Announced company layoffs in 2010 in the United States are on track to fall to the lowest level since 2000, a private outplacement firm said Monday.

In October, U.S. firms announced 37,986 job cuts, just slightly ahead of the 37,151 announced in September, Challenger, Gray & Christmas reported.

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Through October, each month of the year has had fewer layoffs than the same month of 2009, the firm said.

In October, 81 chief executive officers left their posts, a 27 percent drop from the 111 CEO departures in the previous month and the lowest level in 18 months.

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