Indeed a major job website has announced that they are getting rid of 2,200 workers.
🚨 Breaking: Indeed announces a 15% workforce reduction, affecting 2,200 employees globally. The decision comes as job openings continue to decline. CEO Chris Hyams takes a 25% pay cut. #Indeed #Layoffs #JobMarket #layoff pic.twitter.com/48P7zkw1Gq
— DHRmap (@DHRmapcom) March 22, 2023
from @JG_Nuke,
Indeed reporting job openings “at or below” pre-pandemic levels
The JOLTS numbers are way overstated for a number of reasons
Even the jobs website is doing layoffs!
How does Powell keep a straight face saying the labor market is strong?https://t.co/X0gg72PFTO pic.twitter.com/0FQRrgTOWG
— TheHappyHawaiian (@ThHappyHawaiian) March 23, 2023
It is really amazing that people think the economy is fine when thousands upon thousands of people are getting fired from their jobs.
If the economy was fine, there’d be no need for a company that makes money on people posting jobs to get rid of workers.