HelpWanted.com

Businesses plan more layoffs, hiring freezes in 2020

Businesses plan more layoffs, hiring freezes in 2020
The wrath that the virus has unleashed at the start of the year is far from over. Things don't seem to get better as we see a resurgence in cases. According to a survey conducted by The Conference Board last month, nearly 1 in 10 businesses plan to layoff workers in the final three months of the year. Also, this quarter, 11% of businesses plan to reduce bonuses, 8% expect to defer raises or bonuses, and 12% say they’ll freeze hiring or restrict it to critical roles – adding to the 15%, 31%, and 77%, respectively, that took those actions earlier this year, according to the survey. To know more, click here. 
Tags In
Campus Hiring Social Media Influencers AI Jobs Employment Covid 19 Job Market Digital Nomad Harvesting

Previous days news

Oct 29 Oct 28 Oct 27 Oct 26 Oct 25

You might also like

Best tech jobs in the United States : BLS data

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

Salaries for Californian fast food employees might rise to $22 per hour

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

Workers leave as job dissatisfaction grows

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

Microsoft offers graduates from African nations job prospects in the US & Canada

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

Casper is hiring professional sleepers

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

Others news
Category
Tags
Soft Skills Kashmir Jobs Engineering Institutions Make In India Coronavirus Apple Inc Recruitment Fraud Software-as-a-service Government Aid Education Computer Instructors SSA Air Force Wipro Hiring Odd Jobs Retail India MBA MOSPI Rajouri DC RPSC Education Sector Amazon Future Engineer Animation Jobs Hair Industry Farmers HCL Weavers UAE Ludhiana Jobs Business News Tech Skills In Demand J&k Rural Employment Sector Investment Resume Generation Z Covid-19 Jobs No Food Telecom Jobs CAP Programme Migration Worker HDFC Gig Economy Labour Market Gig Job MarketIndiaGig Workers Agro Jobs SURVEY Youth Employment Covid 19 Job Market IMF Regional Lang Urdu Job Fair
Articles

Avoid These 5 (Obvious) Mistakes in Your Job Application

Today’s market is a competitive one – especially after the COVID-19 pandemic. Unlike 2019, when the ...Read more

I-9 Compliance for Remote Employees - A Guide for Companies

More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...Read more

This Thanksgiving - Give Thanks To All These People

This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...Read more

Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?

Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...Read more