Monday, December 19, 2022

Layoffs are on the rise, but nearly 50% of workers are still looking to quit in 2023
Four in ten workers are even considering going back to their previous employer, a recent survey shows

Hiring freezes and layoffs are on the rise as the uncertain economy drives major players in the tech, automobile, media and food industries to make unprecedented cutbacks in their operations. But now, new data shows nearly half of all workers are looking to quit anyway.

Even with growing concerns of a potential recession, 46% of professionals are already looking to plan to find a new job in the first half of the new year, according to a recent survey from business consulting firm Robert Half. That's up from 41% six months ago, according to the company's biannual Job Optimism Survey.

Amazon, Apple, Meta Platforms, Lyft and Twitter were among technology companies announcing hiring freezes or layoffs in recent months. In fact, Amazon CEO Andy Jassy told employees in a memo made public that layoffs will continue in 2023.

The media industry was also recently hit hard as hundreds of industry staffers were laid off in recent weeks including those who worked for...Read more and see videos here.

Wishing all my 'Patriot Factor' blog followers of the Jewish faith a very 
Happy and Joyous Hanukkah.