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...
With BLS data frozen during the shutdown, there is no employment report, no CPI, and no benchmarks; employers, investors, and policymakers are suddenly flying blind. In today’s Breaking Job News, host Pete Newsome digs into how the loss of federal data is reshaping hiring plans, slowing approvals, extending recruiting cycles, and dialing up uncertainty at the exact moment companies were hoping for clarity. He breaks down what private-sector indicators are showing in the absence of BLS continu...
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...