Companies Aren’t Done Cutting White-Collar Jobs

After a yr of proper sizing, employers are wanting within the mirror and concluding there’s nonetheless fats to lose. 

Companies together with Amazon, Xerox, Google and BlackRock this month have introduced plans to trim their workforces. Some of the businesses now reducing jobs carried out larger-scale layoffs over the previous yr or so. Since then, inflation has come down together with expectations for a recession, which most economists anticipated as just lately as the center of final yr.