4 ms·

US layoffs for October surge to two-decade high

• Peroni 1y ago
  >Some industries are correcting after the hiring boom of the pandemic The main correction is the staggering reduction in job vacancies. There's no world where I can be convinced that the surging number of redundancies can be explained away as a post-COVID course correction. If this was just the market correcting itself, we would have the same level of unemployment today as what we had pre-COVID.
• egberts1 1y ago
  Is it mostly H1-Bs?
  • fred_is_fred 1y ago
    Not at my company.
  • duxup 1y ago
    I'm not sure why it would be, most of the H1-B changes didn't require that anyone get fired outright and the rules seemed to have a lot of caveats to them ... you could get the fees and such just waved ...