Our society really is coming apart at the seams right in front of our eyes…
- 38% of companies say they are likely to have layoffs in 2024
- 52% are likely to implement a hiring freeze in 2024
- Half say anticipation of a recession is a reason for potential layoffs
- 4 in 10 say layoffs are due to replacing workers with artificial intelligence (AI)
- 3 in 10 companies reducing or eliminating holiday bonuses this year
https://www.zerohedge.com/personal-finance/shock-number-38-us-companies-anticipate-they-will-conduct-layoffs-2024
Loading ...
It all depends on the business. Some industries are seeing demand for new technology that provides a better product (innovation). During recessions and depressions many new businesses get off the ground. Can source some good talent from those who are laid off.
Will know in a few months if a group I’m involved with will re-open an operation that we mothballed a few years ago in Ontario. Demand has changed for the end product that is not sourced off shore.
Most of our future growth may be in India for cost savings and the demand is there.
Do you need a home based salesman?
It’s recycling/manufacturing with direct sales to industry.