Reasons behind the new wave of layoffs

Reasons behind the new wave of layoffs

bout 20 million people were out of jobs due to the global pandemic. Many went back to work in summer with the stimulus, people got the opportunity to spend it on useful things, but things have gotten a bit rocky again. In recent days leading airlines have said they will cut over 30,000 workers. Disney, an entertainment giant, plans to shed 28,000. Regal Cinemas, the country’s second-biggest chain of theatres, is shutting all 500-plus venues in America. Read more on this here

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Articles

First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...Read more

In the United States of America to operate any type of large automobile, you need a license. This i ...Read more

From the peak of the pandemic in 2020 through the Great Resignation wave, unionization has been a ...Read more

Just as the candidates need the right jobs to secure their future, the companies also need the righ ...Read more