Onwards HR

View Original

January Is One Of The Most Notorious Months For Layoffs. Here's How To Get Through It.

There's a reason why companies do lots of layoffs right now.

January marks the start of a new year and many fresh beginnings –– but it also kickstarts a grim month of layoffs.

In the first week of January alone, Amazon, Vimeo, Salesforce and clothing retailer Everlane disclosed plans for mass layoffs. In a letter to employees, Salesforce CEO Marc Benioff said the company is cutting 10% of its workforce, explaining it had “hired too many people leading into this economic downturn we’re now facing.”

Click here to read the full article by Monica Torres.

Source: Huffpost