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Economy

“50% of employers expect job cuts, survey finds. Here’s how to prepare for a potential layoff”

“…Best BuyFord MotorHBO MaxPelotonShopifyRe/MaxWalmart and Wayfair are among the firms that announced layoffs in recent weeks.

Meanwhile, 50% of firms are anticipating a reduction in overall headcount, while 52% foresee instituting a hiring freeze and 44% rescinding job offers, according to a PwC survey of 722 U.S. executives fielded in early August…”

https://www.cnbc.com/2022/08/22/50percent-of-employers-expect-layoffs-a-survey-found-heres-how-to-prepare.html

I’ve been telling everyone to start a side hustle. If jobs start laying off in massive numbers you don’t want to be without a way to bring in income. Even a person doesn’t make that much some money is better than no money. Don’t be caught unprepared. Get started now. Don’t wait until the last minuet or even worse till it’s to late.

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