File Under:

Thanks, Joe: 50% Of Employers Expect Job Cuts

Jobs fare

At a glance

  • Best Buy, Ford Motor, HBO Max, Peloton, Shopify, Re/Max, Walmart and Wayfair are among the firms that have announced layoffs in recent weeks.
  • 50% of firms anticipate a reduction in overall headcount in the next 6 to 12 months, according to a PwC survey.
  •  52% foresee instituting a hiring freeze and 44% rescinding job offers, according to the survey of 722 U.S. executives fielded in early August.

More from

View all

Latest

Polls

More Stories