Recession Layoffs

Recent News and Discussions About Recession Layoffs

How to Protect Your Job in a Recession

https://hbr.org/2008/09/how-to-protect-your-job-in-a-recession

Though creating a plan to weather layoffs requires an almost pessimistic realism, the best thing you can do in a recession is lighten up.

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 — Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of …

How to make sense of the very weird job market – Vox

https://www.vox.com/recode/23203511/recession-job-market-hiring-layoffs-benefits

2 days ago — Economists are predicting a recession but there are tons of open jobs. … Rate of job openings, quits, and layoffs out of all employment.

Most of your bosses are planning layoffs if a recession hits

https://fortune.com/2022/07/08/layoffs-recession-most-bosses-managers-planning-great-resignation-inflation/

7 days ago — The traumatized American worker fears job instability and getting laid off , a new survey by Insight Global says. The same poll of managers …

Amid labor shortage, companies rethink recession layoffs

https://www.latimes.com/politics/story/2022-07-06/companies-struggled-to-rehire-workers-post-pandemic

Jul 6, 2022 — Are widespread layoffs coming? How the pandemic has changed employers’ recession strategy. A help-wanted sign in a business window says “Yo!

Employers: Prepare Now for Recession-Based Layoffs

https://www.jdsupra.com/legalnews/employers-prepare-now-for-recession-3401020/

Jul 7, 2022 — … U.S. will enter a recession in the near future, employers are preparing for the possibility of significant layoffs . Before making cuts,.

Job cuts are rolling in. Here’s who is feeling the most pain so far

https://www.wbur.org/npr/1108109505/job-cuts-layoffs-economy-recession

Jun 29, 2022 — While layoffs are contained to the hottest parts of the economy, … tip the U.S. economy into a recession , and executives are cutting back.

Tech layoffs: Companies let go of workers as recession fears …

https://www.usatoday.com/story/tech/2022/06/27/layoffs-netflix-coinbase-tech-recession-worries/7701262001/

Jun 27, 2022 — The tech industry is bracing for a potential recession . Several companies, including Netflix, Microsoft and PayPal, rolled out layoffs and …

A Recession Could Send Media Layoffs Surging – Variety

https://variety.com/vip/a-recession-could-send-media-layoffs-surging-1235307417/

Jul 1, 2022 — The COVID recession in 2020 resulted in 30,711 layoffs that year. Recessions are brutal on the job market, and, to be fair, the media sector won …

Layoffs at 95 Tech Companies in June Quicken Potential …

https://www.newsweek.com/layoffs-95-tech-companies-june-quicken-potential-recession-slide-1717521

Jun 21, 2022 — Layoffs at 95 Tech Companies in June Quicken Potential Recession Slide … Once the nation’s fastest-growing sector, the number of technology …

Frequently Asked Questions

Are layoffs Coming 2022?

After a banner year for tech, layoffs are here. In fact, as of mid-July, more than 28,000 workers in the U.S. tech sector have been laid off in mass job cuts so far in 2022, according to a Crunchbase News tally.

What jobs are most affected by recessions?

Retail, restaurants, and hotels aren’t the only businesses often hurt during a recession. Automotive, oil and gas, sports, real estate, and many others see heavy declines during times like these.

What happens to employment during a recession?

The simplest answer is that recessions cause unemployment. At the same time, once people become unemployed, they have less money to spend on goods and services. So, a recession in a certain sector of the economy can cause unemployment, and that unemployment can cause a recession in a different part of the economy.

Does employment fall during a recession?

Layoffs and job cuts are a typical course of action in a recession, as companies seek to downsize and reduce their costs. It is estimated, for instance, that 22 million jobs were lost globally during the 2008-9 global financial crisis.