. 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.
In fact, more than 100 companies within the S&P 500 raised employment by more than a fifth between their last prepandemic fiscal year—here defined as the fiscal year that ended March 2020 or earlier—and the most recent fiscal year data is available for, according toOf the 484 companies in the S&P 500 with available data, head count between the prepandemic and latest fiscal periods rose from about 26.4 million to 28.5 million employees, a gain of about 2.1 million, or 8%.
Many others, such as Meta, Netflix and Electronic Arts benefited from the extra time Americans spent at home. And, surprisingly, some companies in areas of the economy hit hard during the pandemic hired a lot of people too. Domino’s Pizza and
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Lol 😂 corps are filled with waste, we ain't done yet! Managers having meetings about future meetings. Weekly meetings to check in where most of the talk is about movies or pop culture. Restructure management before you let go of a single employee. TooManyCooks
'Overhired' Why do companies always get a pass for opting for skeleton crews, even when it isn't necessarily productive?
These companies hired with the money given to them by the government to pump up jobs numbers for the midterms. Midterms are over now, money is gone, bye bye political pawns.
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Jobs are down, this is why that’s good - WSJ
Well you made that up. We are baaaack 👍🇺🇸
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