Job cut announcements dropped 71% year-over-year. Through October, total cuts were down 44% from last year's pace.
This is one of those data points that feels counterintuitive when everyone's talking about economic uncertainty. Companies announce layoffs when they're scared or overleveraged. Silence often means confidence.
Not saying we're out of the woods, but fear tends to be loudest right before things stabilize. Corporate behavior is a better tell than corporate commentary.
This is one of those data points that feels counterintuitive when everyone's talking about economic uncertainty. Companies announce layoffs when they're scared or overleveraged. Silence often means confidence.
Not saying we're out of the woods, but fear tends to be loudest right before things stabilize. Corporate behavior is a better tell than corporate commentary.
