Spring is in the air–and so, apparently, are corporate layoffs.
Companies including Microsoft Corp, Amazon, Meta, Pepsi, Boeing, Disney and Goldman Sachs Group have cut thousands of jobs. The information sector, which includes many tech workers, saw employment decline for the third straight month, by 25,000. Finance and insurance, which are affected by rising interest rates, saw a decline of 10,000 jobs to 6.7 million.
Wall Street economists began 2023 anticipating a recession by midyear. If that happens, layoffs would almost certainly increase. I have some advice on important steps to take now, even before you get that dreaded layoff notice.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased