Layoffs Continue: Over 50 Major Companies In May 2022 Cutting Head Count

02/06/2022 37 min
Layoffs Continue: Over 50 Major Companies In May 2022 Cutting Head Count

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Episode Synopsis

The landscape is changing rapidly.  There's still demand for great employees but many companies are shedding head count for a variety of reasons. Some have run out of runway and can't raise more funds.  Other are just plain overstaffed as market conditions have shifted.Speaking of market conditions, the cost of diesel is wreaking havoc with shipments as well.  Look for holiday shipping costs to spike and for continued disruption in the supply chain. We also discovered this layoff tracker website this week.  While we can't guarantee its accuracy, much of the details there seem accurate (and sobering).If you've got a comment or question for the show, you can e-mail us at [email protected].  You can find Paul and Ed  online @paulsingh and @pizzainmotion.