this post was submitted on 03 Apr 2025
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Economics

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Challenger layoffs (USA) hit close to records from COVID and 2009. Before these tariff announcements. (www.reuters.com)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 week ago

Because the second worse part about COVID was teaching companies that we really can keep the businesses working with only a handful of employees. Unfortunately they didn't learn the other half of that, which is that this only works for a short time and the fact that it worked for a little while is NOT evidence that it can work forever.