Today news
About the same in other media
Mega-Companies Messed Up America’s Job Market. They’re Doing it Again.
Reading now: 982
wsj.comPart of what has made America’s job market so tight is that big, publicly traded companies hired like crazy after the pandemic struck. Now that many are slamming into reverse, it seems like there is a wave of unemployment under way.
Amazon.com , Disney and Facebook parent Meta Platforms are all suddenly recognizing that they overhired and are firing workers. For the people affected, job losses are horrible. But when it comes to the job market, rather than thinking of these layoffs as a sign things are falling apart, they might be an indication that it could come into better balance.
Read more on wsj.comAbout this in other media
Today in Crypto: Goldman Sachs Reportedly to Spend Millions on Crypto Companies, US FTC Investigating Crypto Firms, ConsenSys Releases Data Collection Update cryptonews.com /1 year ago
$15 Billion Palantir Firm Co-Founder Says ‘Most’ Crypto Companies Will Crash – Here’s Why cryptonews.com /1 year ago
Economy Week Ahead: U.S. Job Market and Consumer Spending in Focus wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
