Imagine opening the holidays with a layoff notice. For nearly a third of workers, that’s now a real possibility. A new national survey says nearly one in three companies plans to cut staff before New Year’s, and the reasons go far beyond budget tightening. In today's Breaking Job News, host Pete Newsome breaks down why end-of-year layoffs spike, from Q1 cost-cutting and bonus avoidance to leadership pressure to “reset” headcount before January. He also confronts a growing ethical dilemma: mos...
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Imagine opening the holidays with a layoff notice. For nearly a third of workers, that’s now a real possibility. A new national survey says nearly one in three companies plans to cut staff before New Year’s, and the reasons go far beyond budget tightening. In today's Breaking Job News, host Pete Newsome breaks down why end-of-year layoffs spike, from Q1 cost-cutting and bonus avoidance to leadership pressure to “reset” headcount before January. He also confronts a growing ethical dilemma: mos...
The hiring headlines don’t match the reality, and that mismatch tells the real story. ADP’s latest data shows negative net job growth, yet the share of new hires is rising. How? Host Pete Newsome breaks down the hidden engine behind today’s labor market: a shrinking labor force, rapid retirements among workers 55+, and a wave of replacement hiring that keeps companies running in place rather than expanding. Even as roles refill, new-hire wage growth is the slowest on record, reshaping leverag...
Hire Calling
Imagine opening the holidays with a layoff notice. For nearly a third of workers, that’s now a real possibility. A new national survey says nearly one in three companies plans to cut staff before New Year’s, and the reasons go far beyond budget tightening. In today's Breaking Job News, host Pete Newsome breaks down why end-of-year layoffs spike, from Q1 cost-cutting and bonus avoidance to leadership pressure to “reset” headcount before January. He also confronts a growing ethical dilemma: mos...
