Tracking Recent Layoffs: It's Getting Bad Out There

Last week's business news was all Twitter all the time. With Elon Musk as the new owner of the company, and the company losing $4 Million per day, something had to give. Then came the announcement that about half of the company's employees would be laid off, entire teams in some cases. And yet, Twitter is hardly the only company laying people off this year. There have been many stories in the papers about individual companies having layoffs. Less common are overarching discussions of all of the layoffs. In this week's Dial P audio podcast, Kelly Barner looks into the differences and similarities between the companies associated with recent layoffs: • Reported layoff details by company and industry • The varied reasons for those layoffs • How these layoffs connect to the overall employment situation in the United States… including the looming potential recession