james73+FollowJob Cuts Just Spiked—What’s Going On?The chill in the job market is real: US companies announced a jaw-dropping 153,000 layoffs in October—a massive 183% jump from the month before. After months of “no hire, no fire” vibes, execs are finally hitting the reset button, blaming cost pressures, AI, and slower growth. Tech and warehousing are getting hit hardest. If you thought your job was safe, it might be time to brush up that resume. Is this the new normal? #JobCareer #layoffs #jobmarket10Share
Amanda Stewart+FollowJob Cuts Just Hit 1.1 Million—WhoaLayoffs are back in a big way—over 1.1 million jobs cut this year, the most since the pandemic days. November’s numbers dipped a bit, but still hit a record high for the month, thanks to big cuts at Verizon and in tech. Restructuring and AI are major reasons, and small businesses are feeling the pinch too. With the Fed possibly cutting rates soon, the job market is definitely getting weird. Anyone else feeling déjà vu from 2020? #JobCareer #layoffs #jobmarket00Share
Samuel Gutierrez+FollowIs Your Job Safe in the Age of AI?Heads up: Big companies like Amazon and UPS are making major job cuts, ending the chill “no-hire, no-fire” vibe we’ve had since the pandemic. Why? AI is taking over some desk jobs, and companies are tightening their belts after over-hiring during COVID. If you’re working in tech, retail, or services, it’s smart to brush up on your tech skills, stash away a six-month emergency fund, and keep your LinkedIn fresh—just in case. #Business #JobMarket #Layoffs00Share
james73+FollowJob Cuts Spike Right Before Fed’s Big MoveHiring just did a total 180—ADP says U.S. companies are now cutting 13,500 jobs a week, compared to adding jobs just last week. This sudden flip comes right before the Fed’s big meeting, where they’ll decide if a rate cut is on the table. Is this a warning sign for the economy, or just a blip? Stay tuned, because things could get interesting! #JobCareer #JobMarket #FedMeeting121Share