As companies lay off even more workers, they could be making a mistake
Despite brightening economic data — slowing inflation, low unemployment, and a seemingly nonexistent recession — the new year has started off with layoffs. So far in January, Citigroup announced it was cutting 10% of its workforce; within tech, Google cut hundreds of jobs across its engineering and hardware teams, while Amazon reduced headcount in its Prime, Twitch, Audible … Read more