Employees confused by Trump's aggression
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Many countries around the world are worried about the economies that have been hit by Corona. In this order, while inflation, unemployment, and economic growth have been recovering for a few quarters, Trump's trade war measures are creating instability around the world. This has affected companies in the United States. With this, it seems that even top companies are currently on the path of layoffs.
Companies that are laying off employees are currently continuing the trend of job cuts that they observed last year. Due to the ongoing economic uncertainties around the world, many
US companies have started laying off employees in various sectors in an attempt to reorganize their business operations and maintain profitability . According to the Labor Department's Labor Turnover Survey released in early February, job vacancies as of the end of December compared to the previous yearJob vacancies have decreased by 1.3 million.It turns out. Experts warn that this indicates a slowdown in the job market.
Layoffs continue at tech companies
As Trump is set to impose heavy tariffs on countries like China, Canada, and Mexico starting this week, layoffs at US tech companies have increased this week. In this order, well-known IT companies have laid off more than 6,000 employees. Onesemi Intelligent Technology is at the forefront with 2,400 job cuts, while San Francisco-based Autodesk has cut about 1,350 jobs. HP is planning to lay off up to 2,000 employees in the same order. However, it is not clear whether these employee cuts will affect the US or those in other places around the world.
The disappearing healthcare company
Another health care company is disappearing as HerMD, a company that provides all health services as well as beauty and wellness services for women, announced its closure. In the same order, Starbucks 1100, Brown Farm 648, Coles 9600, Estee Lauder 7000, Amazon 1700, Walmart, Wayfair 730, Southwest Airlines 1750, and Blue Origin 1400 employees have been laid off. Also, the fact that the layoffs have spread to companies in many other sectors, including energy, technology and media, pharma and health care, is worrying many. On the other hand, it is known that Trump is also sending many federal employees home as part of his cost cutting. Experts predict that this may increase the unemployment rate in the future.
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