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Basically a ton of arrows point towards EOY as a good time to do this. January has the most layoffs, December second most. In industries with seasonal hires, yo

Basically a ton of arrows point towards EOY as a good time to do this. January has the most layoffs, December second most. In industries with seasonal hires, you get rid of them after the rush. Additionally, company budgets tend to be yearly, so you adjust to the new fiscal year's budget at this time too. I wonder what kind of social change would occur if each company was randomly assigned a quarter in which their taxes were due instead of everyone defaulting to the same exact time.

mtmail 3y ago
In the UK the tax year ends April/5th. I don't see a particular pattern around April https://www.ons.gov.uk/employmentandlabourmarket/peoplenotinwork/redundancies/timeseries/beir/lms https://www.ons.gov.uk/employmentandlabourmarket/peoplenotin... other countries https://en.wikipedia.org/wiki/Fiscal_year#Chart_of_various_fiscal_years https://en.wikipedia.org/wiki/Fiscal_year#Chart_of_various_f...