New story in Business from Time: These Are the 12 Employers Who Have Laid Off the Most Workers This Year

New story in Business from Time: These Are the 12 Employers Who Have Laid Off the Most Workers This Year

Layoffs just keep coming in the retail sector. A slew of chains and mall mainstays like Macy’s, J. Crew, and Sears have announced layoffs, bankruptcies, and store closures in the past few years, a phenomenon analysts are calling the “retail apocalypse.” The closures are so severe, in fact, that research from Credit Suisse found 20 to “25% of all U.S. malls will close by 2022.” But other…

View On WordPress