Get HR Consulting for Hiring to Firing
It is imperative to remain ahead of the curve when it comes to major hiring trends in 2024, including remote work, technology integration, upskilling, and diversity initiatives. The rise of remote work and the continued demand for flexibility are reshaping how businesses operate and recruit.
In 2024, many companies have laid off employees, including GoPuff, Vacasa, Peloton, Luminar, Motional, Indeed, Walmart, and Bristol Myers Squibb, just to name a few companies.
Here are some reasons companies may lay off employees include:
- Economic downturns
- Financial instability
- Restructuring or reorganization efforts
- Technological advancements
- Shifts in market demand or industry trends
- Mergers or acquisitions
- Cost-cutting measures
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