3 ms·
That went into effect a year and a half ago, and big companies were all well aware of it in advance. See for example this trade group that formed more than 6 ye
by burkaman 3y ago
That went into effect a year and a half ago, and big companies were all well aware of it in advance. See for example this trade group that formed more than 6 years ago to lobby against the change: https://investinamericasfuture.org/ https://investinamericasfuture.org/.
It's possible the change is a contributing factor, but I don't think it could be a primary cause, because companies wouldn't have waited this long to react.
- rpearl 3y agoThe change went into effect in July 2022--and failed to be reversed in December 2022. https://layoffs.fyi/ https://layoffs.fyi/ shows a sizeable uptick in the number of companies with layoffs since mid 2022, with more of an uptick in early 2023.