Reported 1 day ago
According to a new report, U.S. employers have announced nearly 700,000 layoffs this year, the highest since 2020, driven by government spending cuts and economic uncertainty. Major companies like Procter & Gamble and Microsoft have contributed to this surge, with economic pressures leading to reduced hiring and increased job cuts. The report highlights how changes in government efficiency and overall pessimism in consumer spending are accelerating these layoffs.
Source: YAHOO