Numerous companies across the United States are planning to trim their employee numbers, Fox Business reported Friday.
The outlet continued:
That’s according to a new survey published on Thursday by consultant PwC, which last month polled more than 700 U.S. executives and board members from various industries. About half of respondents said they are preparing to reduce headcount — or already have — while 52% have implemented hiring freezes.
On top of that, roughly 46% of companies are either dropping or reducing signing bonuses, which became commonplace over the past year as businesses tried to lure in new workers amid an increasingly tight labor market. Another 44% are rescinding offers entirely, the survey showed.
Home goods company Wayfair decided to cut approximately 870 workers to help manage operation costs and “realign its investment priorities” following the coronavirus pandemic, the Associated Press (AP) reported this week.
In 2020, the company reported a 55 percent sales growth because people were buying home furnishings. more here
No Recession here folks!
🤥
But the jobs (3-letter word) market is so strong and Joetato has created more jobs than any president ever in such a short time — HISTORIC! There’s no recession in site, folks, now shut up and drive around to all the closed malls and spend your money saved on cheap gas, again thanks to Joetato.
CEO and various board members trying to game the system in collision with government so the people don’t figure out this economy may crater. But, alas, can’t keep the pretense up indefinitely.
Unfortunately, these can’t be removed from office come November.
Border invaders will be looking for work, 2 and/or 3 for the price of one.
“If you like your job you can keep it!”
A lot of places were hiring almost anyone who walked through the door. I’m sure there’s plenty of deadwood to trim.
“If you like my job, you can have it.”
The spin.
Don’t worry if you’ve lost your job, you’ll just have more time with your family.
Side note: Lock your car doors when sleeping on the street.
Deplorable 2nd Class August 22, 2022 at 2:07 pm
Border invaders will be looking for work, 2 and/or 3 for the price of one.
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The will only qualify for toilet scrubbers and sheet changers. They can’t read, write, do math, they’re basically illiterate. The rest will be either shipped back to where they came from or be held in prisons, matters not to me.