The economy is unpredictable right now, and layoffs are happening like crazy. On Jan. 18, Microsoft announced it would cut 10,000 jobs to trim costs. …
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Layoffs are happening like wildfire as companies brace for a recession, and folks across all sectors (but perhaps most notably, in tech, where tens of thousands of jobs are being dissolved) may be feeling anxious. The best thing that one can do right now is to get prepared for the worst-case scenario, and that means prepping one’s finances in order to be ready to negotiate severance, invest in upskilling if desired, build up an emergency fund, and possibly hire a career coach. Let’s explore.
More jobs could wind up on the chopping block this year. Key points Although unemployment is low on a national level, a number of big-name companies …
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Prostock-Studio | Getty Images This was adapted from CNBC's Work It newsletter on LinkedIn about all things work — from how to land the job to how to …
Whether you’re worried about getting a pink slip or not, making some defensive money moves now can help protect your finances in the event of …
It’s time to quietly set up that Plan B, while you (hopefully) continue to make money from your day job. Before revealing plans to cut 18,000 people from the Amazon workforce just earlier this week, Jeff Bezos called it: Recession is imminent. The man with an unfathomably large sum of money who went …
Layoffs are part of the business cycle as companies prepare for projected drops in the market. From the mortgage market to tech firms and accounting, compensation plans can vary just as much as layoffs. As a result, some employees may be left scrambling for a new job, while others are financially …
As businesses prepare for a coming recession, people’s jobs are inevitably on the chopping block. Tech companies like Meta, Amazon, Twitter, and Netflix are among the most high-profile organizations laying off workers in a bid to cut costs, but across industries, layoffs are on the rise in the US, …
