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November job growth slowed but will still show strength despite layoffs and hiring freeze

November job growth slowed but will still show strength despite layoffs and hiring freeze

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Workers sort packages at a FedEx Express facility during Cyber ​​Monday in Garden City, New York on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Job growth in November was expected to have slowed but remained strong, even in the face of layoffs and job freezes at major companies. The economy is …

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'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

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The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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