Since January 1st, 2023, 2278+ companies have announced layoffs.
https://intellizence.com/insights/layoff-downsizing/major-companies-that-announced-mass-layoffs/
2 replies (most recent on top)
I didn’t see T listed…
So... the next great recession is coming, then? That's the writing?
Almost every company on that list says they have to reduce head count to preserve cash flow due to changing consumer spending habit. We're experiencing an inflation. Everything is getting expensive. Raises are not keeping up with it. People spend less. Companies make less. Laying people off. Even less money on hands to spend. Even lower profits for business. More Layoffs...
The End?