Corporate layoffs, hiring freezes and cost-cutting initiatives continue to make news.
All of this comes as fears of a potential recession grow. Rising inflation is hitting the market hard, as are the Fed’s interest rate increases to combat it. This has many companies slashing jobs.
We’ll track all of the latest layoff news here, as well as how these actions affect the stock market. Including:
Are Layoffs Good or Bad for Stocks?
7 Tech Stocks Feeling the Heat Hit From Layoffs