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IPFS News Link • Economy - Economics USA

Half Of Companies Planning Layoffs Or Hiring Freezes: Survey

• https://www.zerohedge.com, by Tyler Durden

The survey, conducted last month by consultant PwC, also found that more than 40% of executives are rescinding job offers, while a similar amount are reducing or eliminating sign-on bonuses that were all the rage amid the tight job market just months ago.

On the bright side - around 2/3 of companies are boosting pay or expanding mental-health benefits, and 70% are planning to make remote work options permanent - though at the same time, 61% said they're requiring staff to be on site more often - which can happen at the same time depending on the job ("Roles that don't require much in-person collaboration could go remote for good, while other staffers could be required to get back to their desks a few times a week.")


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