Articles by tag: job cuts
Thanks to high inflation, rising interest rates, and massive job cuts, fear of recession has become modus operandi for most businesses. Even with year-over-year inflation somewhat cooling and with the shuttering of Silicon Valley Bank, the Federal Reserve shows no signs of continuing its path of demand destruction with interest rate hikes. A bearish […]
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Even With Mass Retail Industry Layoffs, Retailers Should Improve Hiring and Retention Strategies
Talks of an impending recession have been looming the past year, and several industries have been experiencing sales dips, including the retail industry. The demand for retail and ecommerce products that spiked during COVID and more recently during the 2022 holiday season is hitting a lull now, with department stores like Nordstrom experiencing declining […]