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With organizations across the country scrambling to cut costs amid economic uncertainty – from halting partnerships with third party vendors, to reducing employee headcount – the concern is palpable as employees work to determine what it all means for their financial wellbeing.
In Q1 2023 alone, U.S.-based companies cut more than 270,000 jobs, a nearly 400% spike, year-over-year. And with layoff rates continuing to skyrocket into Q2, it seems that no industry is immune.
As economy-driven layoffs continue to soar across the country, concern is rising for the hourly workforce in particular, as these individuals need the stability