in

Why businesses are furiously hiring even as a downturn looms

2JN7FCD A sign outside the future home of a Jollibee Filipino fast food restaurant in Times Square in New York advertises that it is hiring prior to its opening on Sunday, July 31, 2022. (© Richard B. Levine)

Should companies be hiring or firing? Demand for workers has roared back over the past two years. At the same time fears of recession are widespread. Firms are scrambling to respond—and coming up with different answers. Last week Snap, a social-media firm, said it would fire a fifth of its workforce and noted the “difficult macro backdrop”. Mark Zuckerberg is reported to have told employees at Meta that “there are probably a bunch of…


Posted by Editor

Leave a Reply

Panthers QB Baker Mayfield voted a captain ahead of Browns game

Panthers QB Baker Mayfield voted a captain ahead of Browns game

UK politics live: uncertainty over energy bills freeze after suspension of parliamentary business