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Forbes... 51% of companies are laying off people.
Posted on 8/31/22 at 10:28 am
Posted on 8/31/22 at 10:28 am
Layoffs
Definite Layoffs: 51% have started layoffs or are planning to start layoffs
Potential Layoffs: An additional 19% are considering a plan to reduce headcount
Hiring Freeze
Definite Hiring Freeze: 52% have started hiring freezes or plan to start a hiring freeze
Potential Hiring Freeze: An additional 18% are considering hiring freezes
Rescind Job Offers
Rescinding Job Offers: 44% are rescinding, or plan to rescind, job offers
LINK
Definite Layoffs: 51% have started layoffs or are planning to start layoffs
Potential Layoffs: An additional 19% are considering a plan to reduce headcount
Hiring Freeze
Definite Hiring Freeze: 52% have started hiring freezes or plan to start a hiring freeze
Potential Hiring Freeze: An additional 18% are considering hiring freezes
Rescind Job Offers
Rescinding Job Offers: 44% are rescinding, or plan to rescind, job offers
LINK
22
Posted on 8/31/22 at 10:31 am to Jjdoc
why are companies laying people off? this is supposedly the best economy ever.
Posted on 8/31/22 at 10:31 am to Jjdoc
quote:
Forbes... 51% of companies are laying off people
Maybe this is what Biden meant by a dark winter ahead
Posted on 8/31/22 at 10:31 am to Jjdoc
Are the other 49% shutting down completely?
Posted on 8/31/22 at 10:41 am to Jjdoc
We are being told to expect a hiring freeze. We haven’t been able to fill open positions because the applicant pool is mediocre, many don’t even show up for interview.
We’ve seen astronomical growth over past few years, but we all realize 2023 could be tough.
We’ve seen astronomical growth over past few years, but we all realize 2023 could be tough.
Posted on 8/31/22 at 10:44 am to Jjdoc
weeks ago people in the mortgage/title bidness did many rounds of layoffs.
Posted on 8/31/22 at 11:07 am to Jjdoc
Love to see this same poll over time, starting in the Obama administration to give more context...
Economy is not what Biden says it is regardless...
Economy is not what Biden says it is regardless...
Posted on 8/31/22 at 11:12 am to Jjdoc
Listen Fat, we’ve had historic jobs growth since Covid and the lockdowns!!!!!!!!!
Posted on 8/31/22 at 11:12 am to concrete_tiger
quote:
We haven’t been able to fill open positions because the applicant pool is mediocre, many don’t even show up for interview
In the exact same boat. People will apply, phone screen and then no show the interview.
Posted on 8/31/22 at 11:12 am to Jjdoc
My company sent out voluntary layoff applications to all non-union employees yesterday. Based on my tenure it is tempting to say the least.
Posted on 8/31/22 at 12:06 pm to concrete_tiger
quote:
but we all realize 2023 could be tough.
I'm ready for it.
People need to learn that who they vote for matters. They will only learn that by hitting them in the bank account.
Prepare yourself to ride it out.
Posted on 8/31/22 at 12:08 pm to DingLeeBerry
Depending on your ability to either withstand the storm or get a new job via telecommuting, you could be better off taking the package and starting a new job.
This assumes you have skills that are in demand as opposed to making lattes.
This assumes you have skills that are in demand as opposed to making lattes.
Posted on 8/31/22 at 12:12 pm to Jjdoc
Let’s Go Brandon !
Posted on 8/31/22 at 12:33 pm to Jjdoc
Wait, I was told the Inflation Reduction Act would stop all this troubled mess that Drumpf got us involved in!
Posted on 8/31/22 at 12:35 pm to Jjdoc
And the media is burying all of it.
Nothing but popcorn and unicorn farts for all.
Nothing but popcorn and unicorn farts for all.
Posted on 8/31/22 at 12:36 pm to BigMob
quote:
Let’s Go Brandon !
Unfortunately I know people that actually believe that he is doing a good job.
Posted on 8/31/22 at 12:37 pm to WWII Collector
In what field, education or social services?
Whatever it is has to be something insulated from reality.
Whatever it is has to be something insulated from reality.
Posted on 8/31/22 at 12:38 pm to Jjdoc
On a positive note, it will give these people more time to learn to code.
Posted on 8/31/22 at 12:52 pm to Jjdoc
Lol.
I’m sure some of the Gen Z and Millennials will be blaming the Boomers for this as well.
I’m sure some of the Gen Z and Millennials will be blaming the Boomers for this as well.
quote:
Definite Hiring Freeze: 52% have started hiring freezes or plan to start a hiring freeze Potential Hiring Freeze: An additional 18% are considering hiring freezes
Posted on 8/31/22 at 1:01 pm to Jjdoc
Work for a company that has over 50k employees. We have a current hiring freeze and expect to shed 1 in 5 employees by the end of the year. We have also been told that If you are a manager that falls in the bottom 40% of performance, based on feedback by your direct reports, a severance package would be negotiated.
Best economy ever!
Best economy ever!
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