Christmas Layoffs

Recent News and Discussions About Christmas Layoffs

Why do companies lay off people right before Christmas?

https://www.quora.com/Why-do-companies-lay-off-people-right-before-Christmas

Why do companies lay off people right before Christmas?
Companies want laid off workers to pack up and leave immediately because they don’t want you to narrate your sob story to other employees and demotivate them.


Is it ethical to layoff someone before Christmas? – Quora

https://www.quora.com/Is-it-ethical-to-layoff-someone-before-Christmas

As long as you are not laying him off to avoid paying a Christmas bonus, yes. In fact, things like holidays, personal life, or anything outside of performance …


Job Cuts Surge in June 2022, Up 57% From May, 59% From …

Job Cuts Surge in June 2022, Up 57% From May, 59% From June 2021; Highest Quarterly Total Since Q1 2021

Jul 7, 2022 — Also on Thursday, job placement firm Challenger, Gray & Christmas reported that planned layoffs soared in June to 32,517, a 57% jump from a …


Job Cut Report | Challenger, Gray & Christmas, Inc.

https://www.challengergray.com/tags/job-cut-report/

June 2022 Challenger Job Cuts Report PUBLISHED July 7, 2022 Job Cuts Surge Up 57% From May 2022, 59% From June 2021 U.S.-based employers announced 32,517 …


Laid off just in time for the holidays? Here’s how to cope

https://www.nbcnews.com/better/lifestyle/laid-just-time-holidays-here-s-how-cope-ncna1104426

Dec 19, 2019 — A layoff is a blow to the ego and the wallet. Here are eight expert tips to help you process it and move forward. Image: Broken Christmas …


Job cuts are rolling in as recession fears rise – NPR

https://www.npr.org/2022/06/29/1108109505/job-cuts-layoffs-economy-recession

Jun 29, 2022 — While layoffs are contained to the hottest parts of the economy, … Gray & Christmas , a company that tracks layoffs nationwide.


If You Lose Your Job During Christmas Season, Follow These …

https://www.huffpost.com/entry/holiday-layoff-job-search-advice_l_5df7a7cce4b047e888a113a1

Dec 17, 2019 — Getting laid off is one of the most difficult career transitions workers go through. When Ashley Watkins was a corporate recruiter for a bank …


Fired For The Holidays: Is It Acceptable For Businesses To …

https://www.fastcompany.com/3040061/fired-for-the-holidays-is-it-acceptable-for-businesses-to-downsize-in-december

Dec 18, 2014 — Layoffs during the holiday season will put a damper on … is harder to defend to labor law juries when the layoffs happen on Christmas Eve.


‘All I Want for Christmas Is a Layoff’ – ABC News

https://abcnews.go.com/Business/christmas-layoff/story?id=9411010

Sep 9, 2008 — “Getting laid off before the new year would be a holiday gift,” Matthew, a software project manager from Boston, told me over eggnog. “Morale in …


Tech and crypto firms experienced massive layoffs in May …

https://fortune.com/2022/06/04/tech-and-crypto-firms-experienced-massive-layoffs-in-may-heres-how-bad-it-really-is/

Jun 4, 2022 — On Friday, Tesla became the latest tech company to announce layoffs are coming, … Gray & Christmas , as first reported by MarketWatch.


Frequently Asked Questions

What month do most layoffs occur?

Over the 10 years we looked at, December averaged out at 12.6% of the annual total and January at 12.2%. If mass layoffs were spread evenly throughout the year, each month would account for 8.3%.

Are layoffs increasing?

Job cuts are rolling in as recession fears rise : NPR. Job cuts are rolling in as recession fears rise Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there’s fear they could spread elsewhere.

How do you deal with a layoff?

  1. Coping with the Stress of Layoff and Unemployment.
  2. Loss and the Grieving Process.
  3. Ways to Manage the Stress of Job Loss.
  4. Give yourself time to adjust.
  5. Don’t be ashamed.
  6. Tell your family and friends as soon as possible.
  7. Keep open communication with your significant others.
  8. Think of the job loss as a temporary setback.

What day of the week do most layoffs happen?

Tuesday Is the Clear Winner

While there are a lot of options to consider – with many HR leaders differing slightly on the importance of every day – Tuesday seems to always come out on top.

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