Editor’s note: This is the first in a series of articles on practical, low-cost options to improve performance and profits amid tight budgets and layoffs.

With the end of 2022, a 10-year-long bull market has come to a close, and the ominous word “layoffs” is reverberating across industries. Mass layoffs have come to several sectors of the American economy as employers scramble to rebalance their costs due to losses in revenue. In October alone, Meta slashed its workforce by 13% (11,000 employees) and Twitter fired half its staff.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]