Description: The rate of job cut announcements at U.S. employers in November was more than five times greater than a year ago, according to a report by Challenger, Gray & Christmas. Overall, U.S.-based firms announced 76,835 job cuts in November, led by the technology sector. So far this year, tech companies have announced nearly 81,000 cuts.
Source: CNBC.com – video report
Date: Dec 01, 2022
Questions for discussion:
- What is happening in the job market and how are employers and employees adjusting?
- What comment and advice would add to this discussion?